The historical rank and industry rank for Sensus Healthcare's Days Inventory or its related term are showing as below:
SRTS'
s Days Inventory Range Over the Past 10 Years
Min: 53.7 Med: 89.03 Max: 317.81
Current: 317.81
During the past 11 years, Sensus Healthcare's highest Days Inventory was 317.81. The lowest was 53.70. And the median was 89.03.
SRTS's Days Inventory is ranked worse than 77.06% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs SRTS: 317.81
Sensus Healthcare's Days Inventory
increased
from Dec. 2022 (56.15) to Dec. 2023 (241.45).
It might indicate that Sensus Healthcare's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sensus Healthcare's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.38.
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.
Sensus Healthcare's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.00.
Sensus Healthcare Days Inventory Historical Data
The historical data trend for Sensus Healthcare'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 Sensus Healthcare's Days Inventory
For the Medical Devices subindustry, Sensus Healthcare'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.
Sensus Healthcare's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sensus Healthcare's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sensus Healthcare's Days Inventory falls into.
Sensus Healthcare Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sensus Healthcare'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.
Sensus Healthcare (NAS:SRTS) 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.
Sensus Healthcare'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.
Sensus Healthcare'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.
Sensus Healthcare Days Inventory Related Terms
Thank you for viewing the detailed overview of Sensus Healthcare's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sensus Healthcare (Sensus Healthcare) Business Description
Sensus Healthcare Inc is engaged in manufacturing a superficial radiotherapy system. These devices are used for treating skin cancers including basal cell and squamous cell skin cancers and other skin conditions such as keloids. Its product includes SRT-100, SRT-100 vision, and a sentinel service program. The company's revenue is generated majorly from customers in the United States.
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