OrthoPediatrics (OrthoPediatrics) Days Inventory : 863.96 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is OrthoPediatrics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OrthoPediatrics's Average Total Inventories for the three months ended in Dec. 2023 was $103.2 Mil. OrthoPediatrics's Cost of Goods Sold for the three months ended in Dec. 2023 was $10.9 Mil. Hence, OrthoPediatrics's Days Inventory for the three months ended in Dec. 2023 was 863.96.

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

KIDS' s Days Inventory Range Over the Past 10 Years
Min: 491.45 Med: 715.84 Max: 1034.8
Current: 896.91

During the past 10 years, OrthoPediatrics's highest Days Inventory was 1034.80. The lowest was 491.45. And the median was 715.84.

KIDS's Days Inventory is ranked worse than
95.1% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 186.925 vs KIDS: 896.91

OrthoPediatrics's Days Inventory increased from Dec. 2022 (710.91) to Dec. 2023 (863.96). It might indicate that OrthoPediatrics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. OrthoPediatrics's Inventory Turnover for the three months ended in Dec. 2023 was 0.11.

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. OrthoPediatrics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.74.

OrthoPediatrics Days Inventory Historical Data

The historical data trend for OrthoPediatrics'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.

OrthoPediatrics Days Inventory Chart

OrthoPediatrics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

648.34

1,034.80

818.67

783.34

896.18

OrthoPediatrics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															710.91	927.13	841.79	968.83	863.96

Competitive Comparison of OrthoPediatrics's Days Inventory

For the Medical Devices subindustry, OrthoPediatrics'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.

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

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

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

OrthoPediatrics Days Inventory Calculation

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

OrthoPediatrics'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
=	( (78.192	+	105.851)	/	2 )	/	37.479	*	365
=	92.0215					/	37.479	*	365
=	896.18

OrthoPediatrics'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (100.533	+	105.851)	/	2 )	/	10.899	*	365 / 4
=	103.192					/	10.899	*	365 / 4
=	863.96

OrthoPediatrics (NAS:KIDS) 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.

OrthoPediatrics's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.899	/	103.192
	=	0.11

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.

OrthoPediatrics's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	103.192	/	37.613
	=	2.74

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.

OrthoPediatrics Days Inventory Related Terms

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

OrthoPediatrics (OrthoPediatrics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » OrthoPediatrics Corp (NAS:KIDS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2X7:Germany

Address

2850 Frontier Drive, Warsaw, IN, USA, 46582

Website

https://www.orthopediatrics.com

OrthoPediatrics Corp is a medical device company. The company is engaged in providing products to the pediatric orthopedic market. The firm designs develop and commercialize implants and instruments to meet the needs of surgeons and patients. Its products, include PediLoc, PediPlates, Cannulated Screws, PediFlexTM nail, PediNailTM, PediLoc Tibia and ACL Reconstruction System among others.

Executives

Terry D Schlotterback	director	2850 FRONTIER DRIVE, WARSAW IN 46582
Fred Hite	director, officer: Chief Financial Officer	ORTHOPEDIATRICS, 2850 FRONTIER DR., WARSAW IN 46582
Dyer George Sinclair Mitchell	director	55 ORCHARD ST., CAMBRIDGE MA 02140
Gregory A Odle	officer: Executive Vice President	2850 FRONTIER DRIVE, WARSAW IN 46582
Joseph W Hauser	officer: Sr VP & GM Trauma & Deformity	6428 RIDGELINE DR, HUDSON OH 44236
Jimmy Duane Mcdonald	director	28662 N. 71ST STREET, SCOTTSDALE AZ 85226
David R Pelizzon	director, 10 percent owner	2850 FRONTIER DR, WARSAW IN 46582
Squadron Capital Holdings Llc	10 percent owner	18 HARTFORD AVENUE, PO BOX 223, GRANBY CT 06053
Squadron Capital Llc	10 percent owner	2850 FRONTIER DR., WARSAW IN 46582
Harold Ruf	director	2850 FRONTIER DR, WARSAW IN 46582
Jennifer N. Pritzker	10 percent owner	C/O SQUADRON CAPITAL LLC, 104 S. MICHIGAN AVENUE, SUITE 500, CHICAGO IL 60603
Infante (reynolds) Marie C	director	2850 FRONTIER DR, WARSAW IN 46582
Stephen F Burns	director	2850 FRONTIER DRIVE, WARSAW IN 46582
Berry Bernie B Iii	director	2850 FRONTIER DRIVE, WARSAW IN 46582
Mark C Throdahl	director, officer: President and CEO	ORTHOPEDIATRICS, 2850 FRONTER DR., WARSAW IN 46582