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Odontoprev (Odontoprev) Days Inventory : 0.73 (As of Dec. 2023)


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What is Odontoprev Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Odontoprev's Average Total Inventories for the three months ended in Dec. 2023 was $0.7 Mil. Odontoprev's Cost of Goods Sold for the three months ended in Dec. 2023 was $84.3 Mil. Hence, Odontoprev's Days Inventory for the three months ended in Dec. 2023 was 0.73.

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

ODPVF' s Days Inventory Range Over the Past 10 Years
Min: 0.39   Med: 1.36   Max: 2.03
Current: 0.82

During the past 13 years, Odontoprev's highest Days Inventory was 2.03. The lowest was 0.39. And the median was 1.36.

ODPVF's Days Inventory is ranked better than
83.33% of 6 companies
in the Healthcare Plans industry
Industry Median: 29.02 vs ODPVF: 0.82

Odontoprev's Days Inventory declined from Dec. 2022 (1.14) to Dec. 2023 (0.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Odontoprev's Inventory Turnover for the three months ended in Dec. 2023 was 124.22.

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. Odontoprev's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


Odontoprev Days Inventory Historical Data

The historical data trend for Odontoprev'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.

Odontoprev Days Inventory Chart

Odontoprev Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 1.96 2.03 1.20 0.73

Odontoprev 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 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 1.14 0.56 1.32 1.26 0.73

Competitive Comparison of Odontoprev's Days Inventory

For the Healthcare Plans subindustry, Odontoprev'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.


Odontoprev's Days Inventory Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Odontoprev's Days Inventory distribution charts can be found below:

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



Odontoprev Days Inventory Calculation

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

Odontoprev'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
=( (0.909 + 0.29) / 2 ) / 298.775*365
=0.5995 / 298.775*365
=0.73

Odontoprev'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
=( (1.067 + 0.29) / 2 ) / 84.282*365 / 4
=0.6785 / 84.282*365 / 4
=0.73

* 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.


Odontoprev  (GREY:ODPVF) 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.

Odontoprev'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.

Odontoprev'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.


Odontoprev Days Inventory Related Terms

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


Odontoprev (Odontoprev) Business Description

Traded in Other Exchanges
Address
Avenida Marcos Penteado de Ulhoa Rodrigues, 939 - 14th Floor, section 1401, Jatoba Building, Castelo Branco Office Park, Tambore, Barueri, SP, BRA, 06460-040
Odontoprev SA provides dental benefit plans throughout Brazil and operates a sizable network of dentists throughout the country. The firm operates in three segments based on client size as well as one auxiliary segment that includes dental care goods and services. The dental care plan segments include corporate plans with many contracts (more than 200); small and midsize, with smaller groups of contracts; and individual, which includes monthly and annual plans sold directly to individuals. The majority of Odontoprev's revenue is generated by the corporate segment.

Odontoprev (Odontoprev) Headlines

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