Nawaloka Hospitals (COL:NHL.N0000) Inventory Turnover : 2.31 (As of Dec. 2024)

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What is Nawaloka Hospitals Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Nawaloka Hospitals's Cost of Goods Sold for the three months ended in Dec. 2024 was රු1,174 Mil. Nawaloka Hospitals's Average Total Inventories for the quarter that ended in Dec. 2024 was රු507 Mil. Nawaloka Hospitals's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nawaloka Hospitals's Days Inventory for the three months ended in Dec. 2024 was 39.42.

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. Nawaloka Hospitals's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.20.

Nawaloka Hospitals Inventory Turnover Historical Data

The historical data trend for Nawaloka Hospitals's Inventory Turnover 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.

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Nawaloka Hospitals Inventory Turnover Chart

Nawaloka Hospitals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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8.93

13.85

15.07

10.45

13.61

Nawaloka Hospitals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															3.77	3.86	3.10	3.06	2.31

Nawaloka Hospitals Inventory Turnover Calculation

Nawaloka Hospitals's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	4762.524	/ (	(349.074	+	350.556)	/	2 )
=	4762.524	/	349.815
=	13.61

Nawaloka Hospitals's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1174.482	/ (	(510.95	+	503.732)	/	2 )
=	1174.482	/	507.341
=	2.31

Nawaloka Hospitals (COL:NHL.N0000) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Nawaloka Hospitals's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	507.341	/	1174.482	*	365 / 4
	=	39.42

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.

Nawaloka Hospitals's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	507.341	/	2594.528
	=	0.20

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Nawaloka Hospitals Inventory Turnover Related Terms

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Nawaloka Hospitals Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nawaloka Hospitals PLC (COL:NHL.N0000) » Definitions » Inventory Turnover

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Address

No. 23, Deshamanya, H.K. Dharmadasa Mawatha, Colombo, LKA, 02

Website

http://www.nawaloka.com

Nawaloka Hospitals PLC is a provider of healthcare services in Sri Lanka. The company's operating segments include Hospital services; Pharmaceutical; Laboratories and Radiology services. The Hospital services segment which generated maximum revenue is engaged in the provision of hospital services to inpatients and outpatients. Pharmaceutical Segment involves sale of pharmaceuticals. Laboratories segment consists Provision of laboratories services. Radiology service segment consists of Provision of radiographical services. Some of the products and services offered by Nawaloka include cardiac services, radiology services, specialist consultations services, cosmetic unit services, ophthalmology services, surgical services, and gynaecology services.

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