Days Inventory is also known as Days Sales of Inventory (DSI). Trxade Health's Average Total Inventories for the
three
months ended in Dec. 2023 was $1.51 Mil. Trxade Health's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $4.60 Mil.
Hence, Trxade Health's Days Inventory for the
three
months ended in Dec. 2023 was 30.03.
The historical rank and industry rank for Trxade Health's Days Inventory or its related term are showing as below:
MEDS'
s Days Inventory Range Over the Past 10 Years
Min: 2.16 Med: 28.97 Max: 88.37
Current: 39.48
During the past 13 years, Trxade Health's highest Days Inventory was 88.37. The lowest was 2.16. And the median was 28.97.
MEDS's Days Inventory is ranked worse than 56.6% of 470
companies
in the Healthcare Providers & Services industry
Industry Median: 32.305
vs MEDS: 39.48
Trxade Health's Days Inventory
increased
from Dec. 2022 (8.77) to Dec. 2023 (30.03).
It might indicate that Trxade Health's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Trxade Health's Inventory Turnover for the
three
months ended in Dec. 2023 was 3.04.
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.
Trxade Health's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.64.
Trxade Health Days Inventory Historical Data
The historical data trend for Trxade Health'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.
Competitive Comparison of Trxade Health's Days Inventory
For the Pharmaceutical Retailers subindustry, Trxade Health'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.
Trxade Health's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Trxade Health's Days Inventory distribution charts can be found below:
* The bar in red indicates where Trxade Health's Days Inventory falls into.
Trxade Health Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Trxade Health's Days Inventory for the fiscal year that ended in Dec. 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.
Trxade Health (NAS:MEDS) 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.
Trxade Health's Inventory Turnover for the
three
months ended in Dec. 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.
Trxade Health's Inventory to Revenue for the
three
months ended in Dec. 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.
Trxade Health Days Inventory Related Terms
Thank you for viewing the detailed overview of Trxade Health's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Trxade Health (Trxade Health) Business Description
Trxade Health Inc is a health service IT company focused on digitalizing the retail pharmacy experience by optimizing drug procurement, the prescription journey, and patient engagement in the U.S. Its product and services include Integra Pharma Solutions, LLC, Community Specialty Pharmacy, LLC, Delivmeds.com, Bonum Health Hub and Application, and others. its business is classified into reportable segments which are Trxade, Inc, Community Specialty Pharmacy, LLC, Integra Pharma, LLC, and Other, and the majority of the revenue comes from Trxade, Inc.
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