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Heren Health Co (SZSE:300550) Days Inventory : 33.27 (As of Mar. 2024)


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What is Heren Health Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Heren Health Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥23.8 Mil. Heren Health Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥65.3 Mil. Hence, Heren Health Co's Days Inventory for the three months ended in Mar. 2024 was 33.27.

The historical rank and industry rank for Heren Health Co's Days Inventory or its related term are showing as below:

SZSE:300550' s Days Inventory Range Over the Past 10 Years
Min: 0.73   Med: 31.24   Max: 79.61
Current: 79.61

During the past 13 years, Heren Health Co's highest Days Inventory was 79.61. The lowest was 0.73. And the median was 31.24.

SZSE:300550's Days Inventory is ranked worse than
78.11% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.42 vs SZSE:300550: 79.61

Heren Health Co's Days Inventory declined from Mar. 2023 (78.05) to Mar. 2024 (33.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Heren Health Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.74.

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. Heren Health Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.26.


Heren Health Co Days Inventory Historical Data

The historical data trend for Heren Health 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.

Heren Health Co Days Inventory Chart

Heren Health Co 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 31.32 62.87 65.62 71.32 50.28

Heren Health Co 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 78.05 138.50 144.37 52.52 33.27

Competitive Comparison of Heren Health Co's Days Inventory

For the Health Information Services subindustry, Heren Health 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.


Heren Health Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Heren Health Co's Days Inventory falls into.



Heren Health Co Days Inventory Calculation

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

Heren Health Co'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
=( (53.074 + 20.838) / 2 ) / 268.301*365
=36.956 / 268.301*365
=50.28

Heren Health Co'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
=( (20.838 + 26.801) / 2 ) / 65.338*365 / 4
=23.8195 / 65.338*365 / 4
=33.27

* 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.


Heren Health Co  (SZSE:300550) 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.

Heren Health Co'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.

Heren Health Co'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.


Heren Health Co Days Inventory Related Terms

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


Heren Health Co (SZSE:300550) Business Description

Traded in Other Exchanges
N/A
Address
No. 625, Xinlian Road, Xixing Street, Binjiang District, Hangzhou, CHN, 310051
Heren Health Co Ltd is an overall solution service provider focusing on research and development, sales, implementation integration and service support of medical information systems and digital scenario application systems. Its products include electronic medical records, medical information integration platform, clinical data centers, clinical pathway system, integrated health care workstations and operation control system of medical institutions.
Executives
Zhang Yi Directors, executives
Zhang Xue Feng Executives
Ren Hong Ming Executives
Sun Ting Executives

Heren Health Co (SZSE:300550) Headlines

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