ASFX (American Scientific Resources) Days Inventory: 79.23 (As of Sep. 2011)


What is American Scientific Resources Days Inventory?

American Scientific Resources ASFX -96.67% Days Inventory is 79.23 as of Sep. 2011.

Days Inventory is also known as Days Sales of Inventory (DSI). American Scientific Resources's Average Total Inventories for the three months ended in Sep. 2011 was $0.29 Mil. American Scientific Resources's Cost of Goods Sold for the three months ended in Sep. 2011 was $0.33 Mil. Hence, American Scientific Resources's Days Inventory for the three months ended in Sep. 2011 was 79.23.

The historical rank and industry rank for American Scientific Resources's Days Inventory or its related term are showing as below:

ASFX's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.86
* Ranked among companies with meaningful Days Inventory only.

American Scientific Resources's Days Inventory increased from . 20 (0.00) to Sep. 2011 (79.23). It might indicate that American Scientific Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Scientific Resources's Inventory Turnover for the three months ended in Sep. 2011 was 1.15.

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. American Scientific Resources's Inventory-to-Revenue for the three months ended in Sep. 2011 was 0.66.

American Scientific Resources  (OTCPK:ASFX) 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.

American Scientific Resources's Inventory Turnover for the three months ended in Sep. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.334 / 0.29
=1.15

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.

American Scientific Resources's Inventory to Revenue for the three months ended in Sep. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.29 / 0.44
=0.66

* 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.

American Scientific Resources Days Inventory Related Terms

American Scientific Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for American Scientific Resources'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.

American Scientific Resources Days Inventory Chart

American Scientific Resources Annual Data
Trend
Days Inventory

American Scientific Resources Quarterly Data
Sep10 Sep11
Days Inventory 0.00 79.23

ASFX vs GNID, QTXB, ASNB: Days Inventory Comparison

For the Medical Instruments & Supplies subindustry, American Scientific Resources'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.

American Scientific Resources Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, American Scientific Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where American Scientific Resources's Days Inventory falls into.


American Scientific Resources Days Inventory Calculation

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

American Scientific Resources's Days Inventory for the fiscal year that ended in . 20 is calculated as

Days Inventory (A: . 20 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

American Scientific Resources's Days Inventory for the quarter that ended in Sep. 2011 is calculated as:

Days Inventory (Q: Sep. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2010 ) + Total Inventories (Q: Sep. 2011 )) / count ) / Cost of Goods Sold (Q: Sep. 2011 )*Days in Period
=( (0 + 0.29) / 1 ) / 0.334*365 / 4
=0.29 / 0.334*365 / 4
=79.23

* 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 79.23 mean?
American Scientific Resources (ASFX) has a Days Inventory of 79.23 as of Sep. 2011. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on American Scientific Resources and its competitors.
Is American Scientific Resources' Days Inventory too high?
American Scientific Resources' current Days Inventory is 79.23. The Medical Devices & Instruments industry median Days Inventory is 179.86. American Scientific Resources' value of 79.23 is 55.9% below this industry median.
How does American Scientific Resources' Days Inventory compare to GNID and QTXB?
American Scientific Resources' Days Inventory of 79.23 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.86. American Scientific Resources' value of 79.23 is 55.9% below 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.86, based on 786 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. American Scientific Resources's current Days Inventory of 79.23 is 55.9% below 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 American Scientific Resources and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Scientific Resources's current Days Inventory is 79.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Scientific Resources stock overvalued right now?
American Scientific Resources (ASFX) has a current Days Inventory of 79.23. The current Days Inventory is 79.23 and 55.9% below the Medical Devices & Instruments industry median of 179.86. 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 American Scientific Resources (ASFX), the current Days Inventory is 79.23 as of Sep. 2011. 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.

American Scientific Resources Business Description