Global Longlife Hospital & Research (BOM:543520) Days Inventory : 31.91 (As of Sep. 2023)

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What is Global Longlife Hospital & Research Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Longlife Hospital & Research's Average Total Inventories for the six months ended in Sep. 2023 was ₹10.5 Mil. Global Longlife Hospital & Research's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹60.3 Mil. Hence, Global Longlife Hospital & Research's Days Inventory for the six months ended in Sep. 2023 was 31.91.

The historical rank and industry rank for Global Longlife Hospital & Research's Days Inventory or its related term are showing as below:

BOM:543520' s Days Inventory Range Over the Past 10 Years
Min: 17.93 Med: 25.6 Max: 39.2
Current: 22.61

During the past 5 years, Global Longlife Hospital & Research's highest Days Inventory was 39.20. The lowest was 17.93. And the median was 25.60.

BOM:543520's Days Inventory is ranked better than
62.23% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.42 vs BOM:543520: 22.61

Global Longlife Hospital & Research's Days Inventory increased from Sep. 2022 (17.59) to Sep. 2023 (31.91). It might indicate that Global Longlife Hospital & Research's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Longlife Hospital & Research's Inventory Turnover for the six months ended in Sep. 2023 was 5.72.

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. Global Longlife Hospital & Research's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.09.

Global Longlife Hospital & Research Days Inventory Historical Data

The historical data trend for Global Longlife Hospital & Research'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.

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Global Longlife Hospital & Research Days Inventory Chart

Global Longlife Hospital & Research Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

39.20

33.48

25.60

17.93

22.99

Global Longlife Hospital & Research Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			14.87	22.14	17.59	14.75	31.91

Competitive Comparison of Global Longlife Hospital & Research's Days Inventory

For the Medical Care Facilities subindustry, Global Longlife Hospital & Research'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.

Global Longlife Hospital & Research's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Global Longlife Hospital & Research's Days Inventory falls into.

Global Longlife Hospital & Research Days Inventory Calculation

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

Global Longlife Hospital & Research's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (8.827	+	8.154)	/	2 )	/	134.819	*	365
=	8.4905					/	134.819	*	365
=	22.99

Global Longlife Hospital & Research's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (8.154	+	12.942)	/	2 )	/	60.329	*	365 / 2
=	10.548					/	60.329	*	365 / 2
=	31.91

Global Longlife Hospital & Research (BOM:543520) 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.

Global Longlife Hospital & Research's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	60.329	/	10.548
	=	5.72

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.

Global Longlife Hospital & Research's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.548	/	123.3
	=	0.09

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.

Global Longlife Hospital & Research Days Inventory Related Terms

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

Global Longlife Hospital & Research (BOM:543520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Longlife Hospital & Research Ltd (BOM:543520) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pakwan Cross Road, Near Sindhubhavan Road, Near Water Tank, Opposite Auda Garden, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.globalhospital.co.in

Global Longlife Hospital & Research Ltd provides health care services. The company offers Oncology, Ophthalmology, Cardiology, Dermatology, Gynecology, Spine Surgery, Plastic Surgery, Ultrasound, Microbiology, Dialysis, and Physiotherapy among other healthcare services.

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