AHGIF (Alternate Health) Days Inventory: 136.39 (As of Sep. 2019)


What is Alternate Health Days Inventory?

Alternate Health AHGIF -99.00% Days Inventory is 136.39 as of Sep. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Alternate Health's Average Total Inventories for the three months ended in Sep. 2019 was $0.97 Mil. Alternate Health's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.65 Mil. Hence, Alternate Health's Days Inventory for the three months ended in Sep. 2019 was 136.39.

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

AHGIF's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 30.42
* Ranked among companies with meaningful Days Inventory only.

Alternate Health's Days Inventory increased from Sep. 2018 (0.00) to Sep. 2019 (136.39). It might indicate that Alternate Health's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alternate Health's Inventory Turnover for the three months ended in Sep. 2019 was 0.67.

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. Alternate Health's Inventory-to-Revenue for the three months ended in Sep. 2019 was 0.42.

Alternate Health  (OTCPK:AHGIF) 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.

Alternate Health's Inventory Turnover for the three months ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.652 / 0.9745
=0.67

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.

Alternate Health's Inventory to Revenue for the three months ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.9745 / 2.345
=0.42

* 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.

Alternate Health Days Inventory Related Terms

Alternate Health Days Inventory Historical Data

* Premium members only.

The historical data trend for Alternate Health'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.

Alternate Health Days Inventory Chart

Alternate Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
0.00 0.00 0.00 0.00 0.00

Alternate Health Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 184.08 136.39

AHGIF vs VEEV, CERN, TDOC: Days Inventory Comparison

For the Health Information Services subindustry, Alternate Health'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.

Alternate Health Days Inventory vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alternate Health's Days Inventory distribution charts can be found below:

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


Alternate Health Days Inventory Calculation

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

Alternate Health's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.372 + 0.013) / 2 ) / 0*365
=0.1925 / 0*365
=N/A

Alternate Health's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

Days Inventory (Q: Sep. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0.93 + 1.019) / 2 ) / 0.652*365 / 4
=0.9745 / 0.652*365 / 4
=136.39

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 136.39 mean?
Alternate Health (AHGIF) has a Days Inventory of 136.39 as of Sep. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Alternate Health and its competitors.
Is Alternate Health's Days Inventory too high?
Alternate Health's current Days Inventory is 136.39. The Healthcare Providers & Services industry median Days Inventory is 30.42. Alternate Health's value of 136.39 is 348.4% above this industry median.
How does Alternate Health's Days Inventory compare to VEEV and CERN?
Alternate Health's Days Inventory of 136.39 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Inventory is 30.42. Alternate Health's value of 136.39 is 348.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 30.42, based on 495 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alternate Health's current Days Inventory of 136.39 is 348.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Alternate Health and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 30.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternate Health's current Days Inventory is 136.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternate Health stock overvalued right now?
Alternate Health (AHGIF) has a current Days Inventory of 136.39. The current Days Inventory is 136.39 and 348.4% above the Healthcare Providers & Services industry median of 30.42. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Alternate Health (AHGIF), the current Days Inventory is 136.39 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alternate Health Business Description

Address 7373 Broadway Street, Suite 307, San Antonio, TX, USA, 78209
Alternate Health Corp is a healthcare company. It uses expertise in technology and data analytics to revolutionize patient care and research in the emerging medical cannabis industry. It offers practice management and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry.