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Melodiol Global Health (Melodiol Global Health) Days Inventory : 39.24 (As of Dec. 2023)


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What is Melodiol Global Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Melodiol Global Health's Average Total Inventories for the six months ended in Dec. 2023 was $1.24 Mil. Melodiol Global Health's Cost of Goods Sold for the six months ended in Dec. 2023 was $5.78 Mil. Hence, Melodiol Global Health's Days Inventory for the six months ended in Dec. 2023 was 39.24.

The historical rank and industry rank for Melodiol Global Health's Days Inventory or its related term are showing as below:

COPHF' s Days Inventory Range Over the Past 10 Years
Min: 1.67   Med: 95.73   Max: 348.09
Current: 69.53

During the past 8 years, Melodiol Global Health's highest Days Inventory was 348.09. The lowest was 1.67. And the median was 95.73.

COPHF's Days Inventory is ranked better than
87.13% of 971 companies
in the Drug Manufacturers industry
Industry Median: 158.38 vs COPHF: 69.53

Melodiol Global Health's Days Inventory declined from Dec. 2022 (158.67) to Dec. 2023 (39.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Melodiol Global Health's Inventory Turnover for the six months ended in Dec. 2023 was 4.65.

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. Melodiol Global Health's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.16.


Melodiol Global Health Days Inventory Historical Data

The historical data trend for Melodiol Global 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.

* Premium members only.

Melodiol Global Health Days Inventory Chart

Melodiol Global Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 350.34 99.87 87.49 168.11 80.10

Melodiol Global Health Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.23 119.52 158.67 92.34 39.24

Competitive Comparison of Melodiol Global Health's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Melodiol Global 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.


Melodiol Global Health's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Melodiol Global Health's Days Inventory distribution charts can be found below:

* The bar in red indicates where Melodiol Global Health's Days Inventory falls into.



Melodiol Global Health Days Inventory Calculation

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

Melodiol Global Health's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (3.895 + 0.978) / 2 ) / 11.102*365
=2.4365 / 11.102*365
=80.10

Melodiol Global Health's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.507 + 0.978) / 2 ) / 5.779*365 / 2
=1.2425 / 5.779*365 / 2
=39.24

* 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.


Melodiol Global Health  (OTCPK:COPHF) 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.

Melodiol Global Health's Inventory Turnover for the six 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.

Melodiol Global Health's Inventory to Revenue for the six 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.


Melodiol Global Health Days Inventory Related Terms

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


Melodiol Global Health (Melodiol Global Health) Business Description

Traded in Other Exchanges
Address
145 Stirling Highway, Suite 5 CPC, Nedlands, WA, AUS, 6009
Melodiol Global Health Ltd is engaged in developing, registering, and commercialization of pharmaceutical-grade cannabis and hemp-based nutraceutical products and treatments for human and animal health. Its brands include Mernova: A licensed producer of cannabis products in Canada for sale under the Ritual brand banner. Sierra Sage Herbs: US-based developer of plant-based, beauty, and personal care brands Green Goo, Southern Butter, and Good Goo. impACTIVE: CBD topical products for athletes. Halucenex: Clinical stage psychedelics research and development operation. Creso Pharma Switzerland: CBD-related research, development, and commercialization.

Melodiol Global Health (Melodiol Global Health) Headlines

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