Days Inventory is also known as Days Sales of Inventory (DSI). Neuronetics's Average Total Inventories for the
three
months ended in Jun. 2022 was $7.37 Mil. Neuronetics's Cost of Goods Sold for the
three
months ended in Jun. 2022 was $4.04 Mil.
Hence, Neuronetics's Days Inventory for the
three
months ended in Jun. 2022 was 166.46.
The historical rank and industry rank for Neuronetics's Days Inventory or its related term are showing as below:
STIM'
s Days Inventory Range Over the Past 10 Years
Min: 61.75 Med: 86.19 Max: 164.68
Current: 164.68
During the past 6 years, Neuronetics's highest Days Inventory was 164.68. The lowest was 61.75. And the median was 86.19.
STIM's Days Inventory is ranked worse than 79.19% of 197
companies
in the Medical Diagnostics & Research industry
Industry Median: 68.26
vs STIM: 164.68
Neuronetics's Days Inventory
declined
from Jun. 2021 (179.08) to Jun. 2022 (166.46).
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.
Neuronetics's Inventory Turnover for the
three
months ended in Jun. 2022 was 0.55.
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.
Neuronetics's Inventory-to-Revenue for the
three
months ended in Jun. 2022 was 0.45.
Neuronetics Days Inventory Historical Data
The historical data trend for Neuronetics'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.
Neuronetics Annual Data
Trend
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Days Inventory
78.90
71.84
61.75
102.59
161.04
Neuronetics Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Days Inventory
179.08
155.97
153.69
184.78
166.46
Competitive Comparison
For the Diagnostics & Research subindustry, Neuronetics'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.
Neuronetics Days Inventory Distribution
For the Medical Diagnostics & Research industry and Healthcare sector, Neuronetics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Neuronetics's Days Inventory falls into.
Neuronetics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Neuronetics's Days Inventory for the fiscal year that ended in Dec. 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.
Neuronetics (NAS:STIM) 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.
Neuronetics's Inventory Turnover for the
three
months ended in Jun. 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.
Neuronetics's Inventory to Revenue for the
three
months ended in Jun. 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.
Neuronetics Days Inventory Related Terms
Thank you for viewing the detailed overview of Neuronetics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Neuronetics Inc a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders. Its first commercial product, the NeuroStar Advanced Therapy System, is a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation, or TMS, to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The company designed the NeuroStar Advanced Therapy as a non-invasive therapeutic alternative to treat patients who suffer from MDD and to address many of the key limitations of existing treatment options.
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