Days Inventory is also known as Days Sales of Inventory (DSI). Nephros's Average Total Inventories for the
three
months ended in Dec. 2023 was $2.37 Mil. Nephros's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1.23 Mil.
Hence, Nephros's Days Inventory for the
three
months ended in Dec. 2023 was 175.32.
The historical rank and industry rank for Nephros's Days Inventory or its related term are showing as below:
NEPH'
s Days Inventory Range Over the Past 10 Years
Min: 115.68 Med: 188.27 Max: 393.52
Current: 154.75
During the past 13 years, Nephros's highest Days Inventory was 393.52. The lowest was 115.68. And the median was 188.27.
NEPH's Days Inventory is ranked better than 62.24% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs NEPH: 154.75
Nephros's Days Inventory
declined
from Dec. 2022 (288.84) to Dec. 2023 (175.32).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nephros's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.52.
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.
Nephros's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.73.
Nephros Days Inventory Historical Data
The historical data trend for Nephros'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.
Competitive Comparison of Nephros's Days Inventory
For the Medical Instruments & Supplies subindustry, Nephros'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.
Nephros's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nephros's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nephros's Days Inventory falls into.
Nephros Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nephros's Days Inventory for the fiscal year that 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.
Nephros (NAS:NEPH) 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.
Nephros's Inventory Turnover for the
three
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.
Nephros's Inventory to Revenue for the
three
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.
Nephros Days Inventory Related Terms
Thank you for viewing the detailed overview of Nephros's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nephros Inc is a commercial-stage company that develops and sells high performance water solutions to the medical and commercial markets. In medical markets, it sell water filtration products and waterborne pathogen detection products. In commercial markets, the company manufacture and sell water filters that improve the taste and odor of water and reduce biofilm, bacteria, and scale build-up in downstream equipment. The company's subsidiary is engaged in the development of its second-generation hemodiafiltration system and other products focused on improving therapies for patients with renal disease. The operating segments of the group are Water Filtration, Pathogen Detection and Renal Products of which key revenue is derived from Water Filtration segment.
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