MNDR (Mobile-health Network Solutions) Days Inventory : 5.84 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Mobile-health Network Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mobile-health Network Solutions's Average Total Inventories for the six months ended in Jun. 2024 was $0.19 Mil. Mobile-health Network Solutions's Cost of Goods Sold for the six months ended in Jun. 2024 was $6.00 Mil. Hence, Mobile-health Network Solutions's Days Inventory for the six months ended in Jun. 2024 was 5.84.

The historical rank and industry rank for Mobile-health Network Solutions's Days Inventory or its related term are showing as below:

MNDR' s Days Inventory Range Over the Past 10 Years
Min: 4.95 Med: 5.93 Max: 16.87
Current: 5.64

During the past 4 years, Mobile-health Network Solutions's highest Days Inventory was 16.87. The lowest was 4.95. And the median was 5.93.

MNDR's Days Inventory is ranked better than
88.96% of 489 companies
in the Healthcare Providers & Services industry
Industry Median: 30.13 vs MNDR: 5.64

Mobile-health Network Solutions's Days Inventory declined from Jun. 2023 (6.71) to Jun. 2024 (5.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mobile-health Network Solutions's Inventory Turnover for the six months ended in Jun. 2024 was 31.22.

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. Mobile-health Network Solutions's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.03.

Mobile-health Network Solutions Days Inventory Historical Data

The historical data trend for Mobile-health Network Solutions'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.

Mobile-health Network Solutions Days Inventory Chart

Mobile-health Network Solutions Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Inventory

16.87

5.99

5.87

4.95

Mobile-health Network Solutions Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial			4.31	8.15	6.71	6.14	5.84

Competitive Comparison of Mobile-health Network Solutions's Days Inventory

For the Health Information Services subindustry, Mobile-health Network Solutions'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.

Mobile-health Network Solutions's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mobile-health Network Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mobile-health Network Solutions's Days Inventory falls into.

Mobile-health Network Solutions Days Inventory Calculation

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

Mobile-health Network Solutions's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.146	+	0.164)	/	2 )	/	11.431	*	365
=	0.155					/	11.431	*	365
=	4.95

Mobile-health Network Solutions's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.22	+	0.164)	/	2 )	/	5.995	*	365 / 2
=	0.192					/	5.995	*	365 / 2
=	5.84

Mobile-health Network Solutions (NAS:MNDR) 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.

Mobile-health Network Solutions's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.995	/	0.192
	=	31.22

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.

Mobile-health Network Solutions's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.192	/	7.325
	=	0.03

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.

Mobile-health Network Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of Mobile-health Network Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Mobile-health Network Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mobile-health Network Solutions (NAS:MNDR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Venture Drive, No. 07-06/07, Vision Exchange, Singapore, SGP, 608526

Website

https://www.manadr.com

Mobile-health Network Solutions is a company engaged in providing telehealth solutions in terms of various matrices, such as the number of patient consultations per day and the ranking of its mobile application. It provides services on its MaNaDr platform, which is accessible via mobile application and website. The MaNaDr platform is a platform designed and created by doctors, for doctors and users, equipped with services like consultations with doctors, e-commerce pharma store, and others. The company's operating segments are Telemedicine and other services which is also its key revenue generating segment, and Sale of medicine and medical devices. Geographically, it derives revenue from Singapore.