IHH Healthcare Bhd (IHH Healthcare Bhd) Inventory Turnover : 2.26 (As of Mar. 2024)

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What is IHH Healthcare Bhd 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. IHH Healthcare Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was $353 Mil. IHH Healthcare Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was $156 Mil. IHH Healthcare Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IHH Healthcare Bhd's Days Inventory for the three months ended in Mar. 2024 was 40.42.

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. IHH Healthcare Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

IHH Healthcare Bhd Inventory Turnover Historical Data

The historical data trend for IHH Healthcare Bhd'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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IHH Healthcare Bhd Inventory Turnover Chart

IHH Healthcare Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.44

8.76

9.71

9.56

9.25

IHH Healthcare Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.38	2.12	2.36	2.23	2.26

IHH Healthcare Bhd Inventory Turnover Calculation

IHH Healthcare Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1339.043	/ (	(135.14	+	154.447)	/	2 )
=	1339.043	/	144.7935
=	9.25

IHH Healthcare Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	352.875	/ (	(154.447	+	158.184)	/	2 )
=	352.875	/	156.3155
=	2.26

IHH Healthcare Bhd (OTCPK:IHHHF) 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.

IHH Healthcare Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	156.3155	/	352.875	*	365 / 4
	=	40.42

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.

IHH Healthcare Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	156.3155	/	1263.168
	=	0.12

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.

IHH Healthcare Bhd Inventory Turnover Related Terms

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IHH Healthcare Bhd (IHH Healthcare Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » IHH Healthcare Bhd (OTCPK:IHHHF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

Q0F:Singapore 5225:Malaysia

Address

8 Jalan Bukit Pantai, Level 11, Block A, Pantai Hospital Kuala Lumpur, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59100

Website

https://www.ihhhealthcare.com

IHH Healthcare Bhd operates a network of healthcare clinics, hospitals, and postoperative rehabilitation centers. It also provides ancillary services, which include diagnostic laboratories, imaging centers, ambulatory care, and medical education facilities. The firm receives a majority proportion of its revenue through its Parkway Pantai segment, which operates hospitals and provides healthcare services in Asia. Two of Parkway Pantai's key markets are Singapore and Malaysia. The second majority proportion of revenue comes from Acibadem Holdings, a hospital operator and service provider in Central and Eastern Europe, the Middle East, and North Africa. The Group's operating segments comprise Singapore, Malaysia, India, Greater China, Turkiye and Europe, IMU Health, and PLife REIT.

IHH Healthcare Bhd (IHH Healthcare Bhd) Headlines

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Q4 2023 IHH Healthcare Bhd Earnings Call Transcript

By GuruFocus Research • 03-02-2024