The historical rank and industry rank for Cell MedX's Days Inventory or its related term are showing as below:
During the past 12 years, Cell MedX's highest Days Inventory was 6326.67. The lowest was 13.52. And the median was 593.13.
CMXC's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 186.925 * Ranked among companies with meaningful Days Inventory only.
Cell MedX's Days Inventory
stayed the same
from Feb. 2023 (0.00) to Feb. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
Cell MedX Days Inventory Historical Data
The historical data trend for Cell MedX'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 Cell MedX's Days Inventory
For the Medical Devices subindustry, Cell MedX'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.
Cell MedX's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Cell MedX's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cell MedX's Days Inventory falls into.
Cell MedX Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cell MedX's Days Inventory for the fiscal year that ended in May. 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.
Cell MedX (OTCPK:CMXC) 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.
Cell MedX's Inventory Turnover for the
three
months ended in Feb. 2024 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.
Cell MedX's Inventory to Revenue for the
three
months ended in Feb. 2024 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.
Cell MedX Days Inventory Related Terms
Thank you for viewing the detailed overview of Cell MedX's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cell MedX Corp is an early stage development company focused on the discovery, development and, commercialization of therapeutic products for patients with diseases such as diabetes, by developing technologies to help manage the illness and related complications. The company's product portfolio consists of electromedical technologies, ebalance, and others.
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