Induction Healthcare Group (LSE:INHC) Days Inventory : 0.00 (As of Sep. 2024)

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What is Induction Healthcare Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Induction Healthcare Group's Average Total Inventories for the six months ended in Sep. 2024 was £0.00 Mil. Induction Healthcare Group's Cost of Goods Sold for the six months ended in Sep. 2024 was £1.13 Mil. Hence, Induction Healthcare Group's Days Inventory for the six months ended in Sep. 2024 was 0.00.

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

LSE:INHC's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 30.56
* Ranked among companies with meaningful Days Inventory only.

Induction Healthcare Group's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

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

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. Induction Healthcare Group's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.

Induction Healthcare Group Days Inventory Historical Data

The historical data trend for Induction Healthcare Group'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.

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Induction Healthcare Group Days Inventory Chart

Induction Healthcare Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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Induction Healthcare Group Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Induction Healthcare Group's Days Inventory

For the Health Information Services subindustry, Induction Healthcare Group'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.

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

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

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

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Induction Healthcare Group Days Inventory Calculation

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

Induction Healthcare Group's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.948	*	365
=	0					/	2.948	*	365
=	0.00

Induction Healthcare Group's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.132	*	365 / 2
=	0					/	1.132	*	365 / 2
=	0.00

Induction Healthcare Group (LSE:INHC) 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.

Induction Healthcare Group's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.132	/	0
	=

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.

Induction Healthcare Group's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	5.189
	=	0.00

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.

Induction Healthcare Group Days Inventory Related Terms

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Induction Healthcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Induction Healthcare Group PLC (LSE:INHC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Pinsent Masons, 30 Crown Place, Earl Street, London, GBR, EC2A 4ES

Website

https://www.inductionhealthcare.com

Induction Healthcare Group PLC is a healthcare technology company focused on streamlining the delivery of care by Healthcare Professionals. The company's mobile application module Induction Switch is an app that provides a directory allowing Healthcare Professionals to find extension numbers, messaging, and administration portals to share and view hospital guidelines. The company's products power remote consultations, capture patient-reported data and empower patients to self-manage their care pathway. Geographically, it operates in the United Kingdom, Europe, the United States and the Rest of the world, out of which the majority of revenue is derived from the United Kingdom.

Induction Healthcare Group Headlines

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