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Daxor Corporation (AMEX:DXR)
Days Inventory
155.27 (As of Dec. 2011)

Daxor Corporation's inventory for the three months ended in Dec. 2011 was $0.30 Mil. Daxor Corporation's cost of goods sold for the three months ended in Dec. 2011 was $0.18 Mil. Hence, Daxor Corporation's days inventory for the three months ended in Dec. 2011 was 155.27.

Daxor Corporation's days inventory declined from Dec. 2010 (179.05) to Dec. 2011 (155.27).

Inventory can be measured by Days Sales of Inventory (DSI). Daxor Corporation's days sales of inventory (DSI) for the three months ended in Dec. 2011 was 74.28.

Inventory turnover measures how fast the company turns over its inventory within a year. Daxor Corporation's inventory turnover for the three months ended in Dec. 2011 was 0.59.

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. Daxor Corporation's inventory to revenue ratio for the three months ended in Dec. 2011 was 0.82.


Definition

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

Daxor Corporation's Days Inventory for the fiscal year that ended in Dec. 2011 is calculated as

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=0.302/0.653*365
=168.81

Daxor Corporation's Days Inventory for the quarter that ended in Dec. 2011 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=0.302/0.177*91
=155.27

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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).

Daxor Corporation's Days Sales of Inventory for the three months ended in Dec. 2011 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=0.302/0.37*91
=74.28

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

Daxor Corporation's Inventory Turnover for the three months ended in Dec. 2011 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.

Daxor Corporation's Inventory to Revenue for the three months ended in Dec. 2011 is calculated as

Inventory to Revenue=Inventory / Revenue
=0.302 / 0.37
=0.82

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Daxor Corporation Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11
DaysInventory 0.0038.4262.5653.0198.76136.81217.37235.05182.50168.81

Daxor Corporation Quarterly Data

Sep09Dec09Mar10Jun10Sep10Dec10Mar11Jun11Sep11Dec11
DaysInventory 242.50240.20212.81239.36186.89179.05213.99201.78191.16155.27
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