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Shanghai Topcare Medical Services Co (SHSE:600532) Days Inventory : 6.19 (As of Mar. 2023)


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What is Shanghai Topcare Medical Services Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Topcare Medical Services Co's Average Total Inventories for the three months ended in Mar. 2023 was ¥0.8 Mil. Shanghai Topcare Medical Services Co's Cost of Goods Sold for the three months ended in Mar. 2023 was ¥11.9 Mil. Hence, Shanghai Topcare Medical Services Co's Days Inventory for the three months ended in Mar. 2023 was 6.19.

The historical rank and industry rank for Shanghai Topcare Medical Services Co's Days Inventory or its related term are showing as below:

SHSE:600532's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.65
* Ranked among companies with meaningful Days Inventory only.

Shanghai Topcare Medical Services Co's Days Inventory declined from Mar. 2022 (7.44) to Mar. 2023 (6.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Topcare Medical Services Co's Inventory Turnover for the three months ended in Mar. 2023 was 14.74.

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. Shanghai Topcare Medical Services Co's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.07.


Shanghai Topcare Medical Services Co Days Inventory Historical Data

The historical data trend for Shanghai Topcare Medical Services Co'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.

Shanghai Topcare Medical Services Co Days Inventory Chart

Shanghai Topcare Medical Services Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.20 2.08 - 0.29 5.99

Shanghai Topcare Medical Services Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 7.44 5.50 8.50 - 6.19

Competitive Comparison of Shanghai Topcare Medical Services Co's Days Inventory

For the Other Industrial Metals & Mining subindustry, Shanghai Topcare Medical Services Co'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.


Shanghai Topcare Medical Services Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Topcare Medical Services Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Topcare Medical Services Co's Days Inventory falls into.



Shanghai Topcare Medical Services Co Days Inventory Calculation

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

Shanghai Topcare Medical Services Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.496 + 0.66) / 2 ) / 35.209*365
=0.578 / 35.209*365
=5.99

Shanghai Topcare Medical Services Co's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0.66 + 0.958) / 2 ) / 11.927*365 / 4
=0.809 / 11.927*365 / 4
=6.19

* 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.


Shanghai Topcare Medical Services Co  (SHSE:600532) 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.

Shanghai Topcare Medical Services Co's Inventory Turnover for the three months ended in Mar. 2023 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.

Shanghai Topcare Medical Services Co's Inventory to Revenue for the three months ended in Mar. 2023 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.


Shanghai Topcare Medical Services Co Days Inventory Related Terms

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


Shanghai Topcare Medical Services Co Business Description

Traded in Other Exchanges
N/A
Address
488 Yincheng Middle Road, Room 2302, Taiping Financial Building, Pudong New Area, Shanghai, CHN, 200120
Shanghai Topcare Medical Services Co Ltd, formerly Shanghai Hongda Mining Co Ltd and its subsidiaries are engaged in mining and exploration in Shandong Province.
Executives
Cui Zhi Huo Director
Zhu Shi Min senior management

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