Mediwelcome Healthcare Management & Technology (HKSE:02159) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Mediwelcome Healthcare Management & Technology 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. Mediwelcome Healthcare Management & Technology's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$160.8 Mil. Mediwelcome Healthcare Management & Technology's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mediwelcome Healthcare Management & Technology's Days Inventory for the six months ended in Dec. 2024 was 0.00.

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. Mediwelcome Healthcare Management & Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Mediwelcome Healthcare Management & Technology Inventory Turnover Historical Data

The historical data trend for Mediwelcome Healthcare Management & Technology'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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Mediwelcome Healthcare Management & Technology Inventory Turnover Chart

Mediwelcome Healthcare Management & Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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Mediwelcome Healthcare Management & Technology Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Mediwelcome Healthcare Management & Technology Inventory Turnover Calculation

Mediwelcome Healthcare Management & Technology's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	288.862	/ (	(0	+	0)	/	1 )
=	288.862	/	0
=	N/A

Mediwelcome Healthcare Management & Technology'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: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	160.758	/ (	(0	+	0)	/	1 )
=	160.758	/	0
=	N/A

Mediwelcome Healthcare Management & Technology (HKSE:02159) 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.

Mediwelcome Healthcare Management & Technology's Days Inventory for the six 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
	=	0	/	160.758	*	365 / 2
	=	0.00

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.

Mediwelcome Healthcare Management & Technology'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 )
	=	0	/	193.129
	=	0.00

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.

Mediwelcome Healthcare Management & Technology Inventory Turnover Related Terms

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Mediwelcome Healthcare Management & Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mediwelcome Healthcare Management & Technology Inc (HKSE:02159) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 East 4th Ring Road, 10th Floor-12th Floor, Parkview Place, Chaoyang District, Beijing, CHN

Website

https://www.mediwelcome.com

Mediwelcome Healthcare Management & Technology Inc provides medical conference services, patient education and screening services, and marketing plan and consulting services.

Executives

Zhang Yitao	2401 A concert party to an agreement to buy shares
Shi Wei
Yang Weimin	2401 A concert party to an agreement to buy shares
Wang Liang
He Hui Wan Yi Investment Management Company Limited	2101 Beneficial owner
Ji Ze Investment Management Company Limited	2101 Beneficial owner
Shun Jia Investment Management Company Limited	2101 Beneficial owner
Tai Zhi Feng Investment Management Company Limited	2101 Beneficial owner
Great Insight Global Limited	2306 Nominee for another person
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee

Mediwelcome Healthcare Management & Technology Headlines

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