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Etao International Co (Etao International Co) Days Inventory : 0.00 (As of Jun. 2023)


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What is Etao International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Etao International Co's Average Total Inventories for the three months ended in Jun. 2023 was $1.05 Mil. Etao International Co's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

The historical rank and industry rank for Etao International Co's Days Inventory or its related term are showing as below:

During the past 2 years, Etao International Co's highest Days Inventory was 20.48. The lowest was 19.01. And the median was 19.75.

ETAOF's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 31.42
* Ranked among companies with meaningful Days Inventory only.

Etao International Co's Days Inventory stayed the same from Dec. 2021 (0.00) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Etao International Co's Inventory Turnover for the three months ended in Jun. 2023 was 0.00.

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.

Etao International Co Days Inventory Historical Data

The historical data trend for Etao International Co'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.

Etao International Co Days Inventory Chart

Etao International Co Annual Data
Trend Dec21 Dec22
Days Inventory
20.48 19.01

Etao International Co Quarterly Data
Sep21 Dec21 Jun22 Sep22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Etao International Co's Days Inventory

For the Health Information Services subindustry, Etao International Co'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.

Etao International Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Etao International Co's Days Inventory falls into.


Etao International Co Days Inventory Calculation

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

Etao International Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2.08 + 1.989) / 2 ) / 39.06*365
=2.0345 / 39.06*365
=19.01

Etao International Co's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1.989 + 0.116) / 2 ) / 0*365 / 4
=1.0525 / 0*365 / 4
=N/A

* 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.

Etao International Co  (OTCPK:ETAOF) 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.

Etao International Co's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 1.0525
=0.00

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.

Etao International Co's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.0525 / 0
=

* 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.

Etao International Co Days Inventory Related Terms

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Etao International Co (Etao International Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Etao International Co Ltd (OTCPK:ETAOF) » Definitions » Days Inventory
Comparable Companies
HCTI UPH BFRG PBSV CCLD ICCT MGRX EUDA STRM ZCMD GEHC VEEV TSE:2413 HQY ASX:PME RCM TXG DOCS PGNY TDOC
Traded in Other Exchanges
N/A
Address
1460 Broadway, 14th Floor, New York, NY, USA, 10036
Website
https://www.etao.world
Etao International Co Ltd is a digital healthcare group providing medical care and biomedical technologies to patients in China. It provides a comprehensive healthcare service consisting of both online and offline capabilities. These services include online health insurance and pharmacy, digital diabetes management, and biotech. Offline healthcare services include hospital and specialty clinics, such as infertility, orthopedic surgery, plastic surgery, and primary care.