Prism Medical (Prism Medical) Days Inventory : 131.15 (As of May. 2016)

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What is Prism Medical Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Prism Medical's Average Total Inventories for the three months ended in May. 2016 was $10.40 Mil. Prism Medical's Cost of Goods Sold for the three months ended in May. 2016 was $7.23 Mil. Hence, Prism Medical's Days Inventory for the three months ended in May. 2016 was 131.15.

The historical rank and industry rank for Prism Medical's Days Inventory or its related term are showing as below:

PSDLF's Days Inventory is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 189.595
* Ranked among companies with meaningful Days Inventory only.

Prism Medical's Days Inventory declined from May. 2015 (136.61) to May. 2016 (131.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Prism Medical's Inventory Turnover for the three months ended in May. 2016 was 0.70.

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. Prism Medical's Inventory-to-Revenue for the three months ended in May. 2016 was 0.86.

Prism Medical Days Inventory Historical Data

The historical data trend for Prism Medical'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.

* Premium members only.

Prism Medical Days Inventory Chart

Prism Medical Annual Data

Trend

Nov06

Nov07

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Days Inventory

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102.73

86.84

201.98

184.12

137.96

Prism Medical Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16
Days Inventory	Get a 7-Day Free Trial															136.61	148.93	109.52	147.29	131.15

Competitive Comparison of Prism Medical's Days Inventory

For the Medical Instruments & Supplies subindustry, Prism Medical'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.

Prism Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Prism Medical's Days Inventory distribution charts can be found below:

* The bar in red indicates where Prism Medical's Days Inventory falls into.

Prism Medical Days Inventory Calculation

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

Prism Medical's Days Inventory for the fiscal year that ended in Nov. 2015 is calculated as

	Days Inventory (A: Nov. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Nov. 2014 )	+	Total Inventories (A: Nov. 2015 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2015 )	*	Days in Period
=	( (9.725	+	9.971)	/	2 )	/	26.054	*	365
=	9.848					/	26.054	*	365
=	137.96

Prism Medical's Days Inventory for the quarter that ended in May. 2016 is calculated as:

	Days Inventory (Q: May. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2016 )	+	Total Inventories (Q: May. 2016 ))	/	count )	/	Cost of Goods Sold (Q: May. 2016 )	*	Days in Period
=	( (10.283	+	10.509)	/	2 )	/	7.233	*	365 / 4
=	10.396					/	7.233	*	365 / 4
=	131.15

Prism Medical (OTCPK:PSDLF) 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.

Prism Medical's Inventory Turnover for the three months ended in May. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.233	/	10.396
	=	0.70

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.

Prism Medical's Inventory to Revenue for the three months ended in May. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.396	/	12.11
	=	0.86

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.

Prism Medical Days Inventory Related Terms

Thank you for viewing the detailed overview of Prism Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Prism Medical (Prism Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Prism Medical Ltd (OTCPK:PSDLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.prismmedicalltd.com

Prism Medical Ltd. is a provider of durable medical equipment and related services to the mobility disadvantaged in Canada, the USA and the United Kingdom.

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