Creative Medical Technology Holdings (Creative Medical Technology Holdings) Days Inventory

: 684.38 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Creative Medical Technology Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $0.01 Mil. Creative Medical Technology Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Hence, Creative Medical Technology Holdings's Days Inventory for the three months ended in Dec. 2023 was 684.38.

The historical rank and industry rank for Creative Medical Technology Holdings's Days Inventory or its related term are showing as below:

CELZ' s Days Inventory Range Over the Past 10 Years
Min: 83.65 Med: 132.16 Max: 1095
Current: 1095

During the past 13 years, Creative Medical Technology Holdings's highest Days Inventory was 1095.00. The lowest was 83.65. And the median was 132.16.

CELZ's Days Inventory is ranked worse than
90.91% of 649 companies
in the Biotechnology industry
Industry Median: 192.13 vs CELZ: 1095.00

Creative Medical Technology Holdings's Days Inventory increased from Dec. 2022 (197.71) to Dec. 2023 (684.38). It might indicate that Creative Medical Technology Holdings'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. Creative Medical Technology Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.13.

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. Creative Medical Technology Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.50.

Creative Medical Technology Holdings Days Inventory Historical Data

The historical data trend for Creative Medical Technology Holdings'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.

Creative Medical Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

83.65

132.16

775.63

Creative Medical Technology Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																197.71	-	-	410.63	684.38

Competitive Comparison

For the Biotechnology subindustry, Creative Medical Technology Holdings'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.

Creative Medical Technology Holdings Days Inventory Distribution

For the Biotechnology industry and Healthcare sector, Creative Medical Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Creative Medical Technology Holdings's Days Inventory falls into.

Creative Medical Technology Holdings Days Inventory Calculation

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

Creative Medical Technology Holdings'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
=	( (0.01	+	0.007)	/	2 )	/	0.004	*	365
=	0.0085					/	0.004	*	365
=	775.63

Creative Medical Technology Holdings'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
=	( (0.008	+	0.007)	/	2 )	/	0.001	*	365 / 4
=	0.0075					/	0.001	*	365 / 4
=	684.38

Creative Medical Technology Holdings (NAS:CELZ) 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.

Creative Medical Technology Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.001	/	0.0075
	=	0.13

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.

Creative Medical Technology Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0075	/	0.003
	=	2.50

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.

Creative Medical Technology Holdings Days Inventory Related Terms

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

Creative Medical Technology Holdings (Creative Medical Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Creative Medical Technology Holdings Inc (NAS:CELZ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

211 E Osborn Road, Phoenix, AZ, USA, 85012

Website

https://www.creativemedicaltechnology.com

Creative Medical Technology Holdings Inc is a biotechnology holding company focused on regenerative medicine. It is formed for the purpose of creating and licensing intellectual property in the area of amniotic fluid-derived stem cells for therapeutic applications. Its core activity is stem cell research and the development of applications for use to treat male and female sexual dysfunction, infertility, miscarriages, and related issues.

Executives

Timothy Warbington	director, 10 percent owner, officer: President & CEO	211 E. OSBORN ROAD, PHOENIX AZ 85012
Michael H. Finger	director	1551 N. DIANE ST., MESA AZ 85203-3850
Susan H Snow	director	26 SEDGE FERN DRIVE, HILTON HEAD SC 29926
Bruce Steven Urdang	director	5171 E. HAWTHORNE DR., FLAGSTAFF AZ 86004-7377
Thomas Ichim	director	211 E. OSBORN RD, PHOENIX AZ 85012
Creative Medical Health Inc.	10 percent owner	211 E. OSBORN RD, PHOENIX AZ 85012
Timothy Herbst	10 percent owner	2031 W. PEORIA AVE., SUITE 250, PHOENIX AZ 85029
Amit Nilkanth Patel	director	1040 CHARTWELL CT., SALT LAKE CITY UT 84121
Donald Dickerson	director, officer: CFO & Sr.VP	822 VERA STREET, SOLANA BEACH CA 92075
Steven L White	director, officer: President,Secretary,Treasurer	386 NORTH 210 EAST, MAPLETON UT 84664