Days Inventory is also known as Days Sales of Inventory (DSI). Dynatronics's Average Total Inventories for the
three
months ended in Dec. 2023 was $6.80 Mil. Dynatronics's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $6.33 Mil.
Hence, Dynatronics's Days Inventory for the
three
months ended in Dec. 2023 was 97.94.
The historical rank and industry rank for Dynatronics's Days Inventory or its related term are showing as below:
DYNT'
s Days Inventory Range Over the Past 10 Years
Min: 76.27 Med: 94.8 Max: 131.62
Current: 109.59
During the past 13 years, Dynatronics's highest Days Inventory was 131.62. The lowest was 76.27. And the median was 94.80.
DYNT's Days Inventory is ranked better than 79.51% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs DYNT: 109.59
Dynatronics's Days Inventory
declined
from Dec. 2022 (132.10) to Dec. 2023 (97.94).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Dynatronics's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.93.
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.
Dynatronics's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.83.
Dynatronics Days Inventory Historical Data
The historical data trend for Dynatronics'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 Dynatronics's Days Inventory
For the Medical Devices subindustry, Dynatronics'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.
Dynatronics's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Dynatronics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Dynatronics's Days Inventory falls into.
Dynatronics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dynatronics's Days Inventory for the fiscal year that ended in Jun. 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.
Dynatronics (NAS:DYNT) 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.
Dynatronics'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.
Dynatronics'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.
Dynatronics Days Inventory Related Terms
Thank you for viewing the detailed overview of Dynatronics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Dynatronics Corp is a United States-based company that is engaged in designing, manufacturing, and distributing advanced-technology medical devices, therapeutic and medical treatment tables, rehabilitation equipment, custom athletic training treatment tables and equipment, institutional cabinetry as well as other rehabilitation and therapy products and supplies. The company markets and sells its products to physical therapists, chiropractors, athletic trainers, sports medicine practitioners, and other medical professionals and institutions. It offers customers a one-stop-shop for their medical equipment and supply needs, including electrotherapy, therapeutic ultrasound, phototherapy, rehabilitation products, treatment tables, customized training room products, and exercise products.
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