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Decision Diagnostics (Decision Diagnostics) Days Inventory : 35.57 (As of Sep. 2021)


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What is Decision Diagnostics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Decision Diagnostics's Average Total Inventories for the three months ended in Sep. 2021 was $0.16 Mil. Decision Diagnostics's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.40 Mil. Hence, Decision Diagnostics's Days Inventory for the three months ended in Sep. 2021 was 35.57.

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

DECN's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 32.39
* Ranked among companies with meaningful Days Inventory only.

Decision Diagnostics's Days Inventory declined from Sep. 2020 (38.65) to Sep. 2021 (35.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Decision Diagnostics's Inventory Turnover for the three months ended in Sep. 2021 was 2.57.

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. Decision Diagnostics's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.30.


Decision Diagnostics Days Inventory Historical Data

The historical data trend for Decision Diagnostics'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.

Decision Diagnostics Days Inventory Chart

Decision Diagnostics Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 73.89 71.24 49.89 40.42

Decision Diagnostics Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.65 41.80 29.18 28.78 35.57

Competitive Comparison of Decision Diagnostics's Days Inventory

For the Pharmaceutical Retailers subindustry, Decision Diagnostics'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.


Decision Diagnostics's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Decision Diagnostics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Decision Diagnostics's Days Inventory falls into.



Decision Diagnostics Days Inventory Calculation

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

Decision Diagnostics's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.167 + 0.161) / 2 ) / 1.481*365
=0.164 / 1.481*365
=40.42

Decision Diagnostics's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (0.149 + 0.166) / 2 ) / 0.404*365 / 4
=0.1575 / 0.404*365 / 4
=35.57

* 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.


Decision Diagnostics  (OTCPK:DECN) 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.

Decision Diagnostics's Inventory Turnover for the three months ended in Sep. 2021 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.

Decision Diagnostics's Inventory to Revenue for the three months ended in Sep. 2021 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.


Decision Diagnostics Days Inventory Related Terms

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


Decision Diagnostics (Decision Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
2660 Townsgate Road, Suite 300, Westlake Village, CA, USA, 91361
Decision Diagnostics Corp is a provider of prescription drugs, home testing products for the chronically ill, direct to patient diabetes programs, and a developer of revolutionary, cell phone centric, e-health products and technology. The company also provides blood glucose home testing test strips and exciting new concepts for blood testing monitors.
Executives
Keith Berman director, officer: Secretary 2660 TOWNSGATE RD #300, WESTLAKE VILLAGE CA 91361
Robert Jagunich director 765 CHRISTINE DR PALO ALTO CA 94303
Robert Lawrence Cox director, officer: President

Decision Diagnostics (Decision Diagnostics) Headlines

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