Ramkhamhaeng Hospital PCL (BKK:RAM) Days Inventory : 40.09 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Ramkhamhaeng Hospital PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ramkhamhaeng Hospital PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿801 Mil. Ramkhamhaeng Hospital PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,824 Mil. Hence, Ramkhamhaeng Hospital PCL's Days Inventory for the three months ended in Mar. 2024 was 40.09.

The historical rank and industry rank for Ramkhamhaeng Hospital PCL's Days Inventory or its related term are showing as below:

BKK:RAM' s Days Inventory Range Over the Past 10 Years
Min: 34.7 Med: 71.71 Max: 79.63
Current: 39.52

During the past 13 years, Ramkhamhaeng Hospital PCL's highest Days Inventory was 79.63. The lowest was 34.70. And the median was 71.71.

BKK:RAM's Days Inventory is ranked worse than
56.08% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs BKK:RAM: 39.52

Ramkhamhaeng Hospital PCL's Days Inventory declined from Mar. 2023 (41.53) to Mar. 2024 (40.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ramkhamhaeng Hospital PCL's Inventory Turnover for the three months ended in Mar. 2024 was 2.28.

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. Ramkhamhaeng Hospital PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.

Ramkhamhaeng Hospital PCL Days Inventory Historical Data

The historical data trend for Ramkhamhaeng Hospital PCL's Days Inventory 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.

Ramkhamhaeng Hospital PCL Days Inventory Chart

Ramkhamhaeng Hospital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

70.46

37.03

34.70

35.65

38.97

Ramkhamhaeng Hospital PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															41.53	41.02	40.19	35.66	40.09

Competitive Comparison of Ramkhamhaeng Hospital PCL's Days Inventory

For the Medical Care Facilities subindustry, Ramkhamhaeng Hospital PCL's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ramkhamhaeng Hospital PCL's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramkhamhaeng Hospital PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ramkhamhaeng Hospital PCL's Days Inventory falls into.

Ramkhamhaeng Hospital PCL Days Inventory Calculation

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

Ramkhamhaeng Hospital PCL's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (769.742	+	823.461)	/	2 )	/	7460.591	*	365
=	796.6015					/	7460.591	*	365
=	38.97

Ramkhamhaeng Hospital PCL's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (823.461	+	778.887)	/	2 )	/	1823.717	*	365 / 4
=	801.174					/	1823.717	*	365 / 4
=	40.09

Ramkhamhaeng Hospital PCL (BKK:RAM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Ramkhamhaeng Hospital PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1823.717	/	801.174
	=	2.28

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.

Ramkhamhaeng Hospital PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	801.174	/	2395.445
	=	0.33

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Ramkhamhaeng Hospital PCL Days Inventory Related Terms

Thank you for viewing the detailed overview of Ramkhamhaeng Hospital PCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Ramkhamhaeng Hospital PCL (BKK:RAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramkhamhaeng Hospital PCL (BKK:RAM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

436 Ramkhamhaeng Road, Kwaeng Huamark, Khet Bangkapi, Bangkok, THA, 10240

Website

https://www.ram-hosp.co.th

Ramkhamhaeng Hospital PCL engages in the provision of medical services. It involves the operation of a general hospital which offers a range of medical solutions and products including Fertility Clinic, Hip Replacement, Knee Replacement, Heart Center, Plastic Surgery, Oncology, Cardiac Rehab, Gender Reassignment Clinic, Dental Clinic, Sleep Clinic, and Laser Eye Surgery Clinic. The company's operating segment include Hospital and others. It generates maximum revenue from the Hospital segment.