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Empower Clinics (Empower Clinics) Days Inventory : 95.51 (As of Sep. 2022)


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What is Empower Clinics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Empower Clinics's Average Total Inventories for the three months ended in Sep. 2022 was $0.67 Mil. Empower Clinics's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.64 Mil. Hence, Empower Clinics's Days Inventory for the three months ended in Sep. 2022 was 95.51.

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

EPWCF's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 32.49
* Ranked among companies with meaningful Days Inventory only.

Empower Clinics's Days Inventory declined from Sep. 2021 (2,084.34) to Sep. 2022 (95.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Empower Clinics's Inventory Turnover for the three months ended in Sep. 2022 was 0.96.

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. Empower Clinics's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.43.


Empower Clinics Days Inventory Historical Data

The historical data trend for Empower Clinics'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.

Empower Clinics Days Inventory Chart

Empower Clinics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.71 6.12 13.48

Empower Clinics Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 2,084.34 33.84 40.97 72.83 95.51

Competitive Comparison of Empower Clinics's Days Inventory

For the Medical Care Facilities subindustry, Empower Clinics'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.


Empower Clinics's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Empower Clinics's Days Inventory falls into.



Empower Clinics Days Inventory Calculation

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

Empower Clinics's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.018 + 0.205) / 2 ) / 3.02*365
=0.1115 / 3.02*365
=13.48

Empower Clinics's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.731 + 0.613) / 2 ) / 0.642*365 / 4
=0.672 / 0.642*365 / 4
=95.51

* 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.


Empower Clinics  (OTCPK:EPWCF) 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.

Empower Clinics's Inventory Turnover for the three months ended in Sep. 2022 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.

Empower Clinics's Inventory to Revenue for the three months ended in Sep. 2022 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.


Empower Clinics Days Inventory Related Terms

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


Empower Clinics (Empower Clinics) Business Description

Traded in Other Exchanges
N/A
Address
1771 Robson Street, Suite 505, Vancouver, BC, CAN, V6G 1C9
Empower Clinics Inc is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, and medical diagnostics laboratories. The company has a clinical and digital presence across North America. The firm's Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of its patients, while simultaneously providing long-term value for its shareholders.
Executives
John Kenneth Campbell director 905 WEST PENDER ST STE 500, VANCOUVER BC CANADA A1 V6C1L6
Dan Brown director 4615 232ND STREET, LANGLEY A1 V2Z 2S1
Michael Barry Hart officer: Pres/Prin Exe Officer/Sec/Trea 3331 BEACH AVE, ROBERTS CREEK A1 V0N 2W2
Garth Johnson officer: CFO 1407 - 1050 BURRARD ST., VANCOUVER A1 V6Z 2S3
Trans Orient Petroleum Ltd/ 10 percent owner WORLD TRADE CENTRE, SUITE 404-999 CANADA PLACE, VANCOUVER A1 V6C 3E2
Robert Pollock 10 percent owner 94 GARFIELD AVENUE, TORONTO A6 M4T 1G1
Doug Lynes director SUITE 350 - 6165 HIGHWAY 17, DELTA A1 V4K 5B8
Alex Guidi 10 percent owner 1055 WEST GEORGIA STREET, SUITE 1500, VANCOUVER A1 V6E 4N7