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Life Healthcare Group Holdings (JSE:LHC) Days Inventory : 0.00 (As of Sep. 2023)


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What is Life Healthcare Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Life Healthcare Group Holdings's Average Total Inventories for the six months ended in Sep. 2023 was R451 Mil. Life Healthcare Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R0 Mil.

The historical rank and industry rank for Life Healthcare Group Holdings's Days Inventory or its related term are showing as below:

JSE:LHC' s Days Inventory Range Over the Past 10 Years
Min: 17.92   Med: 22.2   Max: 35.61
Current: 26.75

During the past 13 years, Life Healthcare Group Holdings's highest Days Inventory was 35.61. The lowest was 17.92. And the median was 22.20.

JSE:LHC's Days Inventory is ranked better than
57.48% of 468 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs JSE:LHC: 26.75

Life Healthcare Group Holdings's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Life Healthcare Group Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.00.

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. Life Healthcare Group Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.06.


Life Healthcare Group Holdings Days Inventory Historical Data

The historical data trend for Life Healthcare Group 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.

Life Healthcare Group Holdings Days Inventory Chart

Life Healthcare Group Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 31.25 32.62 35.61 26.75

Life Healthcare Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Life Healthcare Group Holdings's Days Inventory

For the Medical Care Facilities subindustry, Life Healthcare Group 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.


Life Healthcare Group Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Life Healthcare Group Holdings's Days Inventory falls into.



Life Healthcare Group Holdings Days Inventory Calculation

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

Life Healthcare Group Holdings's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (583 + 451) / 2 ) / 7054*365
=517 / 7054*365
=26.75

Life Healthcare Group Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 451) / 1 ) / 0*365 / 2
=451 / 0*365 / 2
=N/A

* 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.


Life Healthcare Group Holdings  (JSE:LHC) 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.

Life Healthcare Group Holdings's Inventory Turnover for the six months ended in Sep. 2023 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.

Life Healthcare Group Holdings's Inventory to Revenue for the six months ended in Sep. 2023 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.


Life Healthcare Group Holdings Days Inventory Related Terms

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


Life Healthcare Group Holdings (JSE:LHC) Business Description

Traded in Other Exchanges
Address
203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Dunkeld, Johannesburg, GT, ZAF, 2196
Life Healthcare Group Holdings Ltd is an international and diversified healthcare organization based in South Africa. The firm's segments include hospitals and complementary services, healthcare services, and Radiopharmaceutical products. The hospitals and complementary services segment generates majority of the revenue. Its services include mental healthcare, acute rehabilitation, renal dialysis, and oncology. The smaller growth initiatives segment focuses on clinical quality products, and outpatient business in South Africa.

Life Healthcare Group Holdings (JSE:LHC) Headlines