Switch to:
GuruFocus has detected 5 Warning Signs with PolarityTE Inc $COOL.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
PolarityTE Inc (NAS:COOL)
Days Inventory
0.00 (As of Jan. 2017)

PolarityTE Inc's average inventory for the three months ended in Jan. 2017 was $0.00 Mil. PolarityTE Inc's cost of goods sold for the three months ended in Jan. 2017 was $0.00 Mil.

During the past 13 years, PolarityTE Inc's highest Days Inventory was 68.88. The lowest was 0.00. And the median was 42.36.

PolarityTE Inc's days inventory stayed the same from Jan. 2016 (0.00) to Jan. 2017 (0.00).

Inventory can be measured by Days Sales of Inventory (DSI).

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

Inventory to revenue ratio 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. PolarityTE Inc's inventory to revenue ratio for the three months ended in Jan. 2017 was 0.00.


Definition

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

PolarityTE Inc's Days Inventory for the fiscal year that ended in Oct. 2016 is calculated as

Days Inventory (A: Oct. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Oct. 2015 ) + Inventory (A: Oct. 2016 )) / 2 ) / COGS (A: Oct. 2016 )*Days in Period
=( (0 + 0) / 2 ) / 0.286*365
=0 / 0.286*365
=0.00

PolarityTE Inc's Days Inventory for the quarter that ended in Jan. 2017 is calculated as:

Days Inventory (Q: Jan. 2017 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Oct. 2016 ) + Inventory (Q: Jan. 2017 )) / 2 ) / COGS (Q: Jan. 2017 )*Days in Period
=( (0 + 0) / 2 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

PolarityTE Inc's Days Sales of Inventory for the three months ended in Jan. 2017 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=0/0.156*365 / 4
=

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

PolarityTE Inc's Inventory Turnover for the three months ended in Jan. 2017 is calculated as

3. 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.

PolarityTE Inc's Inventory to Revenue for the three months ended in Jan. 2017 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

PolarityTE Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
DaysInventory 34.0742.3630.1246.5645.7839.8265.6239.1668.880.00

PolarityTE Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysInventory 25.7033.7315.334.230.000.000.000.000.000.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK