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Xikang Cloud Hospital Holdings (HKSE:09686) Days Inventory : 15.91 (As of Dec. 2024)


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What is Xikang Cloud Hospital Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xikang Cloud Hospital Holdings's Average Total Inventories for the six months ended in Dec. 2024 was HK$20.2 Mil. Xikang Cloud Hospital Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$232.0 Mil. Hence, Xikang Cloud Hospital Holdings's Days Inventory for the six months ended in Dec. 2024 was 15.91.

The historical rank and industry rank for Xikang Cloud Hospital Holdings's Days Inventory or its related term are showing as below:

HKSE:09686' s Days Inventory Range Over the Past 10 Years
Min: 8.71   Med: 14.93   Max: 29.02
Current: 26.35

During the past 5 years, Xikang Cloud Hospital Holdings's highest Days Inventory was 29.02. The lowest was 8.71. And the median was 14.93.

HKSE:09686's Days Inventory is ranked better than
56.15% of 488 companies
in the Healthcare Providers & Services industry
Industry Median: 30.57 vs HKSE:09686: 26.35

Xikang Cloud Hospital Holdings's Days Inventory declined from Dec. 2023 (31.39) to Dec. 2024 (15.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xikang Cloud Hospital Holdings's Inventory Turnover for the six months ended in Dec. 2024 was 11.47.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Xikang Cloud Hospital Holdings's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.06.


Xikang Cloud Hospital Holdings Days Inventory Historical Data

The historical data trend for Xikang Cloud Hospital Holdings's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xikang Cloud Hospital Holdings Days Inventory Chart

Xikang Cloud Hospital Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
8.71 12.50 14.93 27.85 29.02

Xikang Cloud Hospital Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial - 22.68 31.39 39.51 15.91

Competitive Comparison of Xikang Cloud Hospital Holdings's Days Inventory

For the Health Information Services subindustry, Xikang Cloud Hospital Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xikang Cloud Hospital Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Xikang Cloud Hospital Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Xikang Cloud Hospital Holdings's Days Inventory falls into.


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Xikang Cloud Hospital Holdings Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Xikang Cloud Hospital Holdings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (41.669 + 18.437) / 2 ) / 377.954*365
=30.053 / 377.954*365
=29.02

Xikang Cloud Hospital Holdings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (22.024 + 18.437) / 2 ) / 232.047*365 / 2
=20.2305 / 232.047*365 / 2
=15.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Xikang Cloud Hospital Holdings  (HKSE:09686) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Xikang Cloud Hospital Holdings's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Xikang Cloud Hospital Holdings's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Xikang Cloud Hospital Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Xikang Cloud Hospital Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Xikang Cloud Hospital Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Huizheng Alley, No. 1-1, 1-2, 1-3, 1-4, 1-5, 2-1, Haishu District, Zhejiang Province, Ningbo, CHN
Xikang Cloud Hospital Holdings Inc, formerly Neusoft Xikang Holdings Inc developed China's first city-specific cloud hospital platform. The company facilitates the delivery of Internet medical services, including online hospital services, remote medical services, smart family doctor services and Internet home care services. The company also provides health management services and offers smart healthcare products. The company has four operating segments: Cloud hospital platform services; Internet medical services; Health management services and Smart healthcare products. It derives maximum revenue from Health management services.
Executives
Dalian Neusoft Holdings Co., Ltd. 2201 Interest of corporation controlled by you
Shenyang Kang Ruidao Consulting Co., Ltd. 2201 Interest of corporation controlled by you
Tianjin Zengdao Management Consultancy Center (limited Partnership) 2201 Interest of corporation controlled by you
Dalian Kang Ruidao Management Consulting Centre (limited Partnership) 2201 Interest of corporation controlled by you
Neusoft Corporation 2201 Interest of corporation controlled by you
Neusoft (hk) Limited 2101 Beneficial owner
Liu Jiren 2201 Interest of corporation controlled by you
Zhang Qiping 2201 Interest of corporation controlled by you
Hony Capital Fund V, L.p. 2201 Interest of corporation controlled by you
Su Zhou Tong Yu Tou Zi Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Tong He Yu Cheng Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Fu Yan Chuang Ye Tou Zi Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Tong He Er Qi Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Yun Zhang Tou Zi Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Synergetic Innovation Fund Management Co., Ltd 2201 Interest of corporation controlled by you

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