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Ma Kuang Healthcare Holdings (ROCO:4139) Days Inventory : 20.92 (As of Mar. 2024)


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What is Ma Kuang Healthcare Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ma Kuang Healthcare Holdings's Average Total Inventories for the three months ended in Mar. 2024 was NT$55 Mil. Ma Kuang Healthcare Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$239 Mil. Hence, Ma Kuang Healthcare Holdings's Days Inventory for the three months ended in Mar. 2024 was 20.92.

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

ROCO:4139' s Days Inventory Range Over the Past 10 Years
Min: 21.44   Med: 27.64   Max: 38.82
Current: 21.44

During the past 13 years, Ma Kuang Healthcare Holdings's highest Days Inventory was 38.82. The lowest was 21.44. And the median was 27.64.

ROCO:4139's Days Inventory is ranked better than
63.69% of 471 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs ROCO:4139: 21.44

Ma Kuang Healthcare Holdings's Days Inventory declined from Mar. 2023 (38.86) to Mar. 2024 (20.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ma Kuang Healthcare Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 4.36.

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. Ma Kuang Healthcare Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.21.


Ma Kuang Healthcare Holdings Days Inventory Historical Data

The historical data trend for Ma Kuang Healthcare 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.

Ma Kuang Healthcare Holdings Days Inventory Chart

Ma Kuang Healthcare Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.18 36.86 35.20 38.82 26.67

Ma Kuang Healthcare Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.86 26.50 22.78 18.03 20.92

Competitive Comparison of Ma Kuang Healthcare Holdings's Days Inventory

For the Medical Care Facilities subindustry, Ma Kuang Healthcare 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.


Ma Kuang Healthcare Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

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



Ma Kuang Healthcare Holdings Days Inventory Calculation

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

Ma Kuang Healthcare Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (103.324 + 49.574) / 2 ) / 1046.349*365
=76.449 / 1046.349*365
=26.67

Ma Kuang Healthcare Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (49.574 + 59.904) / 2 ) / 238.814*365 / 4
=54.739 / 238.814*365 / 4
=20.92

* 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.


Ma Kuang Healthcare Holdings  (ROCO:4139) 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.

Ma Kuang Healthcare Holdings's Inventory Turnover for the three months ended in Mar. 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.

Ma Kuang Healthcare Holdings's Inventory to Revenue for the three months ended in Mar. 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.


Ma Kuang Healthcare Holdings Days Inventory Related Terms

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


Ma Kuang Healthcare Holdings (ROCO:4139) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, Harbour Centre, P O BOX 613, George Town, Grand Cayman, CYM
Ma Kuang Healthcare Holdings Ltd offers a range of traditional Chinese medicine products and services, including consultation, acupuncture, gynecology and pediatrics, massotherapy, andrology, dermatology and women's healthcare, and body wellness. It's business segments include Singapore medical; Singapore education; Taiwan; and China. The firm generates Most of the revenue from Singapore.

Ma Kuang Healthcare Holdings (ROCO:4139) Headlines

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