NewGenIvf Group (NewGenIvf Group) Days Inventory : 0.00 (As of Jun. 2023)

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What is NewGenIvf Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NewGenIvf Group's Average Total Inventories for the three months ended in Jun. 2023 was $0.06 Mil. NewGenIvf Group's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

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

During the past 2 years, NewGenIvf Group's highest Days Inventory was 4.84. The lowest was 3.65. And the median was 4.25.

NIVF's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 33.01
* Ranked among companies with meaningful Days Inventory only.

NewGenIvf Group's Days Inventory stayed the same from . 20 (0.00) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. NewGenIvf Group's Inventory Turnover for the three months ended in Jun. 2023 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.

NewGenIvf Group Days Inventory Historical Data

The historical data trend for NewGenIvf Group'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.

NewGenIvf Group Days Inventory Chart

NewGenIvf Group Annual Data

Trend

Dec21

Dec22

Days Inventory

4.84

3.65

NewGenIvf Group Quarterly Data
	Dec21	Jun22	Dec22	Jun23
Days Inventory	-	-	-	-

Competitive Comparison of NewGenIvf Group's Days Inventory

For the Medical Care Facilities subindustry, NewGenIvf Group'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.

NewGenIvf Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where NewGenIvf Group's Days Inventory falls into.

NewGenIvf Group Days Inventory Calculation

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

NewGenIvf Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.041	+	0.047)	/	2 )	/	4.406	*	365
=	0.044					/	4.406	*	365
=	3.65

NewGenIvf Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.047	+	0.068)	/	2 )	/	0	*	365 / 4
=	0.0575					/	0	*	365 / 4
=	N/A

NewGenIvf Group (NAS:NIVF) 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.

NewGenIvf Group's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.0575
	=	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.

NewGenIvf Group's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0575	/	0
	=

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.

NewGenIvf Group Days Inventory Related Terms

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NewGenIvf Group (NewGenIvf Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 21 Road, Asoke, 36/39-36/40, 13th Floor, PS Tower, Khlong Toei Nuea Sub-district, Watthana District, Bangkok, THA, 10110

Website

https://www.newgenivf.com

NewGenIvf Group Ltd is a company engaged in providing assisted reproductive services in Asia Pacific with a focus on providing fertility treatments to fulfil the dreams of building families, NewGenIvf mainly offers two services, namely first which is a in-vitro fertilization (IVF) treatment service, comprising traditional IVF and egg donation; and surrogacy and ancillary caring services.

NewGenIvf Group (NewGenIvf Group) Headlines

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