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ISEC Healthcare (SGX:40T) Days Inventory : 23.33 (As of Mar. 2024)


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What is ISEC Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ISEC Healthcare's Average Total Inventories for the three months ended in Mar. 2024 was S$2.36 Mil. ISEC Healthcare's Cost of Goods Sold for the three months ended in Mar. 2024 was S$9.25 Mil. Hence, ISEC Healthcare's Days Inventory for the three months ended in Mar. 2024 was 23.33.

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

SGX:40T' s Days Inventory Range Over the Past 10 Years
Min: 14.49   Med: 19.62   Max: 25.02
Current: 21.33

During the past 11 years, ISEC Healthcare's highest Days Inventory was 25.02. The lowest was 14.49. And the median was 19.62.

SGX:40T's Days Inventory is ranked better than
63.52% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.825 vs SGX:40T: 21.33

ISEC Healthcare's Days Inventory increased from Mar. 2023 (20.82) to Mar. 2024 (23.33). It might indicate that ISEC Healthcare's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ISEC Healthcare's Inventory Turnover for the three months ended in Mar. 2024 was 3.91.

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. ISEC Healthcare's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.


ISEC Healthcare Days Inventory Historical Data

The historical data trend for ISEC Healthcare'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.

ISEC Healthcare Days Inventory Chart

ISEC Healthcare 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 18.58 22.88 21.04 16.79 19.25

ISEC Healthcare 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 20.82 20.69 19.73 20.49 23.33

Competitive Comparison of ISEC Healthcare's Days Inventory

For the Medical Care Facilities subindustry, ISEC Healthcare'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.


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

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

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



ISEC Healthcare Days Inventory Calculation

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

ISEC Healthcare'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
=( (1.874 + 2.235) / 2 ) / 38.958*365
=2.0545 / 38.958*365
=19.25

ISEC Healthcare'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
=( (2.235 + 2.494) / 2 ) / 9.249*365 / 4
=2.3645 / 9.249*365 / 4
=23.33

* 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.


ISEC Healthcare  (SGX:40T) 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.

ISEC Healthcare'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.

ISEC Healthcare'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.


ISEC Healthcare Days Inventory Related Terms

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


ISEC Healthcare (SGX:40T) Business Description

Traded in Other Exchanges
N/A
Address
51 Goldhill Plaza, No. 10-07/08, Singapore, SGP, 308900
ISEC Healthcare Ltd is a Singapore based company engaged in providing medical eye care services through its subsidiaries. It also provides ambulatory surgical centers. In addition, the group is also focused on offering general medical services and aesthetic treatment services. The company has two reportable segments, namely Specialized health services, which include the provision of medical care, consultancy, treatment and surgery in the field of ophthalmology; and General health services which includes the provision of general medical and procedural treatment services It generates maximum revenue from the specialized health services segment. The firm operates in Singapore and Malaysia, of which key revenue is derived from Malaysia.

ISEC Healthcare (SGX:40T) Headlines

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