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H-Source Holdings (TSXV:HSI.H) Days Inventory : 178.18 (As of Sep. 2020)


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What is H-Source Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). H-Source Holdings's Average Total Inventories for the three months ended in Sep. 2020 was C$0.14 Mil. H-Source Holdings's Cost of Goods Sold for the three months ended in Sep. 2020 was C$0.07 Mil. Hence, H-Source Holdings's Days Inventory for the three months ended in Sep. 2020 was 178.18.

The historical rank and industry rank for H-Source Holdings's Days Inventory or its related term are showing as below:

TSXV:HSI.H's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 32.66
* Ranked among companies with meaningful Days Inventory only.

H-Source Holdings's Days Inventory increased from Sep. 2019 (20.28) to Sep. 2020 (178.18). It might indicate that H-Source Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. H-Source Holdings's Inventory Turnover for the three months ended in Sep. 2020 was 0.51.

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. H-Source Holdings's Inventory-to-Revenue for the three months ended in Sep. 2020 was 2.54.


H-Source Holdings Days Inventory Historical Data

The historical data trend for H-Source 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.

H-Source Holdings Days Inventory Chart

H-Source Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial - - 28.08 27.19 40.88

H-Source Holdings Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 20.28 8.69 18.37 1,035.12 178.18

Competitive Comparison of H-Source Holdings's Days Inventory

For the Health Information Services subindustry, H-Source 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.


H-Source Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where H-Source Holdings's Days Inventory falls into.



H-Source Holdings Days Inventory Calculation

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

H-Source Holdings's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.149 + 0.004) / 2 ) / 0.683*365
=0.0765 / 0.683*365
=40.88

H-Source Holdings's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0.179 + 0.11) / 2 ) / 0.074*365 / 4
=0.1445 / 0.074*365 / 4
=178.18

* 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.


H-Source Holdings  (TSXV:HSI.H) 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.

H-Source Holdings's Inventory Turnover for the three months ended in Sep. 2020 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.

H-Source Holdings's Inventory to Revenue for the three months ended in Sep. 2020 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.


H-Source Holdings Days Inventory Related Terms

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


H-Source Holdings (TSXV:HSI.H) Business Description

Traded in Other Exchanges
N/A
Address
120 N. Pine Street, Suite 170, Spokane, WA, USA, 99202
H-Source Holdings Ltd is a technology company which has significant experience in hospital and supply chain systems. The firm has developed a digital platform and network to operate in the healthcare industry and offers a private, hospital-to-hospital marketplace that allows members to buy, sell, and transfer inventory supplies and capital equipment with each other. Members can conduct secure transactions within Integrated Delivery Networks (IDNs), Group Purchasing Organizations (GPOs) or customize their own group of hospitals using the company's built-in filters to reduce health care costs and medical products waste.

H-Source Holdings (TSXV:HSI.H) Headlines

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