Days Inventory is also known as Days Sales of Inventory (DSI). PetMed Express's Average Total Inventories for the
three
months ended in Dec. 2023 was $26.7 Mil. PetMed Express's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $47.4 Mil.
Hence, PetMed Express's Days Inventory for the
three
months ended in Dec. 2023 was 51.44.
The historical rank and industry rank for PetMed Express's Days Inventory or its related term are showing as below:
PETS'
s Days Inventory Range Over the Past 10 Years
Min: 35.31 Med: 49.89 Max: 78.88
Current: 46.64
During the past 13 years, PetMed Express's highest Days Inventory was 78.88. The lowest was 35.31. And the median was 49.89.
PETS's Days Inventory is ranked worse than 62.77% of 470
companies
in the Healthcare Providers & Services industry
Industry Median: 32.305
vs PETS: 46.64
PetMed Express's Days Inventory
declined
from Dec. 2022 (59.00) to Dec. 2023 (51.44).
Inventory Turnover measures how fast the company turns over its inventory within a year.
PetMed Express's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.77.
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.
PetMed Express's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.41.
PetMed Express Days Inventory Historical Data
The historical data trend for PetMed Express'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 PetMed Express's Days Inventory
For the Pharmaceutical Retailers subindustry, PetMed Express'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.
PetMed Express's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, PetMed Express's Days Inventory distribution charts can be found below:
* The bar in red indicates where PetMed Express's Days Inventory falls into.
PetMed Express Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PetMed Express's Days Inventory for the fiscal year that ended in Mar. 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.
PetMed Express (NAS:PETS) 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.
PetMed Express'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.
PetMed Express'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.
PetMed Express Days Inventory Related Terms
Thank you for viewing the detailed overview of PetMed Express's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
PetMed Express (PetMed Express) Business Description
PetMed Express Inc along with its subsidiaries is a nationwide pet pharmacy. The company markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats, direct to the consumer. The company generates its revenue by selling pet medications and pet supplies primarily to retail consumers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PETS has been successfully added to your 