Xikang Cloud Hospital Holdings (HKSE:09686) Total Inventories : HK$41.7 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Xikang Cloud Hospital Holdings Total Inventories?

Xikang Cloud Hospital Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$41.7 Mil. Xikang Cloud Hospital Holdings's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was HK$31.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Xikang Cloud Hospital Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xikang Cloud Hospital Holdings's Days Inventory for the six months ended in Dec. 2023 was 13.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xikang Cloud Hospital Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 13.11.

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. Xikang Cloud Hospital Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Xikang Cloud Hospital Holdings Total Inventories Historical Data

The historical data trend for Xikang Cloud Hospital Holdings's Total Inventories 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.

Xikang Cloud Hospital Holdings Total Inventories Chart

Xikang Cloud Hospital Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

10.44

26.80

20.61

41.67

Xikang Cloud Hospital Holdings Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Total Inventories	10.44	26.80	20.61	41.67

Xikang Cloud Hospital Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Xikang Cloud Hospital Holdings (HKSE:09686) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Xikang Cloud Hospital Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(899.822	+	0.75 * 172.902	+	0.5 * 41.669	-	1054.707
-	0	-	6.113)	/	841.877
=	-0.01

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

Xikang Cloud Hospital Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	31.138	/	408.095	*	365 / 2
	=	13.92

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Xikang Cloud Hospital Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	408.095	/	31.138
	=	13.11

4. 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.

Xikang Cloud Hospital Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	31.138	/	588.141
	=	0.05

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Xikang Cloud Hospital Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Xikang Cloud Hospital Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Xikang Cloud Hospital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Xikang Cloud Hospital Holdings Inc (HKSE:09686) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12 Huizheng Alley, No. 1-1, 1-2, 1-3, 1-4, 1-5, 2-1, Haishu District, Zhejiang Province, Ningbo, CHN

Website

https://www.xikang.com

Xikang Cloud Hospital Holdings Inc, formerly Neusoft Xikang Holdings Inc developed China's first city-specific cloud hospital platform. The company facilitates the delivery of Internet medical services, including online hospital services, remote medical services, smart family doctor services and Internet home care services. The company also provides health management services and offers smart healthcare products. The company has four operating segments: Cloud hospital platform services; Internet medical services; Health management services and Smart healthcare products. It derives maximum revenue from Health management services.

Executives

Dalian Neusoft Holdings Co., Ltd.	2201 Interest of corporation controlled by you
Shenyang Kang Ruidao Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Tianjin Zengdao Management Consultancy Center (limited Partnership)	2201 Interest of corporation controlled by you
Dalian Kang Ruidao Management Consulting Centre (limited Partnership)	2201 Interest of corporation controlled by you
Neusoft Corporation	2201 Interest of corporation controlled by you
Neusoft (hk) Limited	2101 Beneficial owner
Liu Jiren	2201 Interest of corporation controlled by you
Zhang Qiping	2201 Interest of corporation controlled by you
Hony Capital Fund V, L.p.	2201 Interest of corporation controlled by you
Su Zhou Tong Yu Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Su Zhou Tong He Yu Cheng Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Su Zhou Fu Yan Chuang Ye Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Su Zhou Tong He Er Qi Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Su Zhou Yun Zhang Tou Zi Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Synergetic Innovation Fund Management Co., Ltd	2201 Interest of corporation controlled by you

Xikang Cloud Hospital Holdings Headlines

No Headlines