Unihealth Consultancy (NSE:UNIHEALTH) Inventory Turnover : 3.73 (As of Mar. 2023)

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What is Unihealth Consultancy 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. Unihealth Consultancy's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹72.8 Mil. Unihealth Consultancy's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹19.5 Mil. Unihealth Consultancy's Inventory Turnover for the quarter that ended in Mar. 2023 was 3.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Unihealth Consultancy's Days Inventory for the six months ended in Mar. 2023 was 48.99.

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. Unihealth Consultancy's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.04.

Unihealth Consultancy Inventory Turnover Historical Data

The historical data trend for Unihealth Consultancy'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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Unihealth Consultancy Inventory Turnover Chart

Unihealth Consultancy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

7.29

5.63

5.15

3.73

Unihealth Consultancy Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Inventory Turnover	7.29	5.63	5.15	3.73

Unihealth Consultancy Inventory Turnover Calculation

Unihealth Consultancy's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	72.823	/ (	(17.973	+	21.124)	/	2 )
=	72.823	/	19.5485
=	3.73

Unihealth Consultancy's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	72.823	/ (	(17.973	+	21.124)	/	2 )
=	72.823	/	19.5485
=	3.73

Unihealth Consultancy (NSE:UNIHEALTH) 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.

Unihealth Consultancy's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	19.5485	/	72.823	*	365 / 2
	=	48.99

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.

Unihealth Consultancy's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	19.5485	/	439.386
	=	0.04

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.

Unihealth Consultancy Inventory Turnover Related Terms

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Unihealth Consultancy (NSE:UNIHEALTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Unihealth Consultancy Ltd (NSE:UNIHEALTH) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

156 Tardeo Road, H-13 & H-14, Everest , 9th Floor, Mumbai, MH, IND, 400034

Website

https://www.unihealthonline.com

Unihealth Consultancy Ltd is a healthcare service provider based out of Mumbai, India and has an operational presence in multiple countries across the African continent. Its business segments include Medical Centres, Hospitals, Consultancy Services, Distribution of Pharmaceutical & Medical Consumable Products and Medical Value Travel. It is currently providing Project Management Consultancy Services to set up a 300+ bedded Health City in Undri, Pune (Maharashtra, India) for PHRC Lifespaces Organization along with a few other healthcare consultancy projects in Kenya and Angola. The Majority of revenue is derived from Uganda.

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