Radius Residential Care (NZSE:RAD) Days Inventory : 0.00 (As of Mar. 2024)

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What is Radius Residential Care Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Radius Residential Care's Average Total Inventories for the six months ended in Mar. 2024 was NZ$0.6 Mil. Radius Residential Care's Cost of Goods Sold for the six months ended in Mar. 2024 was NZ$0.0 Mil.

The historical rank and industry rank for Radius Residential Care's Days Inventory or its related term are showing as below:

NZSE:RAD's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 32.66
* Ranked among companies with meaningful Days Inventory only.

Radius Residential Care's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Radius Residential Care's Inventory Turnover for the six months ended in Mar. 2024 was 0.00.

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. Radius Residential Care's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.01.

Radius Residential Care Days Inventory Historical Data

The historical data trend for Radius Residential Care'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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Radius Residential Care Days Inventory Chart

Radius Residential Care Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Radius Residential Care Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Radius Residential Care's Days Inventory

For the Medical Care Facilities subindustry, Radius Residential Care'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.

Radius Residential Care's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Radius Residential Care's Days Inventory falls into.

Radius Residential Care Days Inventory Calculation

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

Radius Residential Care's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0.753	+	0.554)	/	2 )	/	0	*	365
=	0.6535					/	0	*	365
=	N/A

Radius Residential Care'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.708	+	0.554)	/	2 )	/	0	*	365 / 2
=	0.631					/	0	*	365 / 2
=	N/A

Radius Residential Care (NZSE:RAD) 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.

Radius Residential Care's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.631
	=	0.00

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.

Radius Residential Care's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.631	/	68.343
	=	0.01

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.

Radius Residential Care Days Inventory Related Terms

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

Radius Residential Care (NZSE:RAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Radius Residential Care Ltd (NZSE:RAD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Parnell Road, Level 4, Parnell, Auckland, NTL, NZL, 1052

Website

https://www.radiuscare.co.nz

Radius Residential Care Ltd is a health and aged care provider for elderly and disabled people. The company provides residential care, hospital care, dementia care, respite care, and palliative care. The Company operates in one operating segment being the provision of aged care in New Zealand. Also, the company provides Young Disabled Care services, for those under 65 who require assistance with self-care, mobility and/or communication.

Radius Residential Care (NZSE:RAD) Headlines

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