Days Inventory is also known as Days Sales of Inventory (DSI). Heska's Average Total Inventories for the
three
months ended in Mar. 2023 was $62.1 Mil. Heska's Cost of Goods Sold for the
three
months ended in Mar. 2023 was $35.0 Mil.
Hence, Heska's Days Inventory for the
three
months ended in Mar. 2023 was 162.03.
The historical rank and industry rank for Heska's Days Inventory or its related term are showing as below:
HSKA'
s Days Inventory Range Over the Past 10 Years
Min: 82.09 Med: 107.55 Max: 148.72
Current: 146.9
During the past 13 years, Heska's highest Days Inventory was 148.72. The lowest was 82.09. And the median was 107.55.
HSKA's Days Inventory is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 190.88
vs HSKA: 146.90
Heska's Days Inventory
increased
from Mar. 2022 (133.83) to Mar. 2023 (162.03).
It might indicate that Heska's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Heska's Inventory Turnover for the
three
months ended in Mar. 2023 was 0.56.
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.
Heska's Inventory-to-Revenue for the
three
months ended in Mar. 2023 was 1.00.
Heska Days Inventory Historical Data
The historical data trend for Heska'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.
For the Medical Devices subindustry, Heska'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.
Heska's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Heska's Days Inventory distribution charts can be found below:
* The bar in red indicates where Heska's Days Inventory falls into.
Heska Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Heska's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Heska (NAS:HSKA) 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.
Heska's Inventory Turnover for the
three
months ended in Mar. 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.
Heska's Inventory to Revenue for the
three
months ended in Mar. 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.
Heska Days Inventory Related Terms
Thank you for viewing the detailed overview of Heska's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Heska Corp is engaged in developing, manufacturing, marketing, selling, and supporting veterinary products. The company's products include Point of Care diagnostic laboratory instruments and consumables; Point of Care digital imaging diagnostic products; reference laboratory testing; digital cytology services; vaccines; local and cloud-based data services; allergy testing and immunotherapy; single-use offerings such as in-clinic diagnostic tests and heartworm preventive products; and practice information management software and related software. It operates through two segments North America and International. The Company's core strategic focus on Point of Care laboratory and imaging products is included in both segments.
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