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Raffles Medical Group (SGX:BSL) Days Inventory : 16.90 (As of Jun. 2024)


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What is Raffles Medical Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Raffles Medical Group's Average Total Inventories for the six months ended in Jun. 2024 was S$12.0 Mil. Raffles Medical Group's Cost of Goods Sold for the six months ended in Jun. 2024 was S$129.4 Mil. Hence, Raffles Medical Group's Days Inventory for the six months ended in Jun. 2024 was 16.90.

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

SGX:BSL' s Days Inventory Range Over the Past 10 Years
Min: 17.93   Med: 35.49   Max: 43.3
Current: 17.93

During the past 13 years, Raffles Medical Group's highest Days Inventory was 43.30. The lowest was 17.93. And the median was 35.49.

SGX:BSL's Days Inventory is ranked better than
66.81% of 476 companies
in the Healthcare Providers & Services industry
Industry Median: 31.015 vs SGX:BSL: 17.93

Raffles Medical Group's Days Inventory declined from Jun. 2023 (22.32) to Jun. 2024 (16.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Raffles Medical Group's Inventory Turnover for the six months ended in Jun. 2024 was 10.80.

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. Raffles Medical Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.03.


Raffles Medical Group Days Inventory Historical Data

The historical data trend for Raffles Medical 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.

* Premium members only.

Raffles Medical Group Days Inventory Chart

Raffles Medical Group 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 32.18 33.38 35.62 24.65 20.52

Raffles Medical Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 28.17 20.91 22.32 19.15 16.90

Competitive Comparison of Raffles Medical Group's Days Inventory

For the Medical Care Facilities subindustry, Raffles Medical 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.


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

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

* The bar in red indicates where Raffles Medical Group's Days Inventory falls into.



Raffles Medical Group Days Inventory Calculation

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

Raffles Medical Group'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
=( (13.098 + 12.465) / 2 ) / 227.321*365
=12.7815 / 227.321*365
=20.52

Raffles Medical Group'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
=( (12.465 + 11.506) / 2 ) / 129.402*365 / 2
=11.9855 / 129.402*365 / 2
=16.90

* 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.


Raffles Medical Group  (SGX:BSL) 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.

Raffles Medical Group's Inventory Turnover for the six months ended in Jun. 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.

Raffles Medical Group's Inventory to Revenue for the six months ended in Jun. 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.


Raffles Medical Group Days Inventory Related Terms

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


Raffles Medical Group Business Description

Traded in Other Exchanges
Address
585 North Bridge Road, No. 11-00, Raffles Hospital, Singapore, SGP, 188770
Raffles Medical Group Ltd is an integrated private healthcare provider in Asia with operations in Singapore, China, Japan, Vietnam, and Cambodia. The company owns and operates a tertiary hospital, a network of medical and dental clinics, insurance services, Japanese and Traditional Chinese Medicine clinics, and a consumer healthcare division. The company's operating segment includes Healthcare services, Hospital Services, Investment Holdings, and Insurance Services. The company generates revenue from contracts with customers, Rental Income, and Insurance revenue.