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Asarfi Hospital (BOM:543943) Days Inventory : 29.31 (As of Sep. 2023)


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What is Asarfi Hospital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asarfi Hospital's Average Total Inventories for the six months ended in Sep. 2023 was ₹15.3 Mil. Asarfi Hospital's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹95.4 Mil. Hence, Asarfi Hospital's Days Inventory for the six months ended in Sep. 2023 was 29.31.

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

BOM:543943' s Days Inventory Range Over the Past 10 Years
Min: 13.18   Med: 13.58   Max: 29.84
Current: 29.84

During the past 3 years, Asarfi Hospital's highest Days Inventory was 29.84. The lowest was 13.18. And the median was 13.58.

BOM:543943's Days Inventory is ranked better than
51.93% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.42 vs BOM:543943: 29.84

Asarfi Hospital's Days Inventory increased from Sep. 2022 (18.39) to Sep. 2023 (29.31). It might indicate that Asarfi Hospital's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asarfi Hospital's Inventory Turnover for the six months ended in Sep. 2023 was 6.23.

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. Asarfi Hospital's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.04.


Asarfi Hospital Days Inventory Historical Data

The historical data trend for Asarfi Hospital'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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Asarfi Hospital Days Inventory Chart

Asarfi Hospital Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
13.18 13.58 22.92

Asarfi Hospital Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Days Inventory - - 18.39 28.26 29.31

Competitive Comparison of Asarfi Hospital's Days Inventory

For the Medical Care Facilities subindustry, Asarfi Hospital'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.


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

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

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



Asarfi Hospital Days Inventory Calculation

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

Asarfi Hospital'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
=( (10.913 + 14.247) / 2 ) / 200.297*365
=12.58 / 200.297*365
=22.92

Asarfi Hospital'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
=( (14.247 + 16.393) / 2 ) / 95.404*365 / 2
=15.32 / 95.404*365 / 2
=29.31

* 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.


Asarfi Hospital  (BOM:543943) 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.

Asarfi Hospital's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

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.

Asarfi Hospital's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

* 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.


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.


Asarfi Hospital Days Inventory Related Terms

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


Asarfi Hospital (BOM:543943) Business Description

Traded in Other Exchanges
N/A
Address
Bishunpur Polytechnic, Baramuri, 4th floor, Dhanbad, JH, IND, 828130
Asarfi Hospital Ltd provides healthcare facilities to the people of Jharkhand. It is a is a 250 bedded multi-specialty hospital offering healthcare facilities. The company is committed towards delivering valued healthcare services to patients that include prevention, treatment, and proper rehabilitation.

Asarfi Hospital (BOM:543943) Headlines

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