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NutraLife Biosciences (NutraLife Biosciences) Days Inventory : 1,656.19 (As of Sep. 2022)


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What is NutraLife Biosciences Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NutraLife Biosciences's Average Total Inventories for the three months ended in Sep. 2022 was $0.36 Mil. NutraLife Biosciences's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.02 Mil. Hence, NutraLife Biosciences's Days Inventory for the three months ended in Sep. 2022 was 1,656.19.

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

NLBS's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 157.9
* Ranked among companies with meaningful Days Inventory only.

NutraLife Biosciences's Days Inventory increased from Sep. 2021 (1,200.77) to Sep. 2022 (1,656.19). It might indicate that NutraLife Biosciences's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NutraLife Biosciences's Inventory Turnover for the three months ended in Sep. 2022 was 0.06.

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. NutraLife Biosciences's Inventory-to-Revenue for the three months ended in Sep. 2022 was 3.16.


NutraLife Biosciences Days Inventory Historical Data

The historical data trend for NutraLife Biosciences'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.

NutraLife Biosciences Days Inventory Chart

NutraLife Biosciences Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.28 37.39 92.79 258.83 294.76

NutraLife Biosciences Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1,200.77 109.40 242.96 6,378.37 1,656.19

Competitive Comparison of NutraLife Biosciences's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, NutraLife Biosciences'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.


NutraLife Biosciences's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, NutraLife Biosciences's Days Inventory distribution charts can be found below:

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



NutraLife Biosciences Days Inventory Calculation

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

NutraLife Biosciences's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.568 + 0.309) / 2 ) / 0.543*365
=0.4385 / 0.543*365
=294.76

NutraLife Biosciences's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.353 + 0.373) / 2 ) / 0.02*365 / 4
=0.363 / 0.02*365 / 4
=1,656.19

* 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.


NutraLife Biosciences  (OTCPK:NLBS) 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.

NutraLife Biosciences's Inventory Turnover for the three months ended in Sep. 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.

NutraLife Biosciences's Inventory to Revenue for the three months ended in Sep. 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.


NutraLife Biosciences Days Inventory Related Terms

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


NutraLife Biosciences (NutraLife Biosciences) Business Description

Traded in Other Exchanges
N/A
Address
6601 Lyons Road, Suite L-6, Coconut Creek, FL, USA, 33073
NutraLife BioSciences Inc is engaged in the development, manufacturing and distribution of nutritional and dietary nutritional supplement products. The company is a branded and private label developer, manufacturer and distributor of a wide range of nutraceutical, wellness, and CBD products. It's private-label ingestible and skincare products include CBD-infused oral sprays, tinctures, pet drops, pain balms, and face creams. Its CBD products are derived from the seeds and mature stalks of the Cannabis Sativa plant which includes all parts and varieties of the cannabis sativa plant also known as hemp, which contain a tetrahydrocannabinol concentration.
Executives
Edgar Ward director, 10 percent owner, officer: President and CEO 5851 HOLMBERG RD., UNIT 2511, PARKLAND FL 33067
Neil Catania 10 percent owner, officer: Vice President 5 FIREPLACE CT., EAST NORTHPORT NY 11731
Lee White 10 percent owner, other: 10% Shareholder 130 S. RD., PAGET D0 PG06

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