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First Choice Healthcare Solutions (First Choice Healthcare Solutions) Days Inventory : 0.00 (As of Mar. 2024)


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What is First Choice Healthcare Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Choice Healthcare Solutions's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. First Choice Healthcare Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

The historical rank and industry rank for First Choice Healthcare Solutions's Days Inventory or its related term are showing as below:

FCHS's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 32.42
* Ranked among companies with meaningful Days Inventory only.

First Choice Healthcare Solutions's Days Inventory stayed the same from Sep. 2018 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. First Choice Healthcare Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


First Choice Healthcare Solutions Days Inventory Historical Data

The historical data trend for First Choice Healthcare Solutions'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.

First Choice Healthcare Solutions Days Inventory Chart

First Choice Healthcare Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23
Days Inventory
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First Choice Healthcare Solutions Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec22 Mar23 Dec23 Mar24
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Competitive Comparison of First Choice Healthcare Solutions's Days Inventory

For the Medical Care Facilities subindustry, First Choice Healthcare Solutions'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.


First Choice Healthcare Solutions's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where First Choice Healthcare Solutions's Days Inventory falls into.



First Choice Healthcare Solutions Days Inventory Calculation

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

First Choice Healthcare Solutions's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

First Choice Healthcare Solutions's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 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.


First Choice Healthcare Solutions  (OTCPK:FCHS) 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.

First Choice Healthcare Solutions's Inventory Turnover for the three months ended in Mar. 2024 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.

First Choice Healthcare Solutions's Inventory to Revenue for the three months ended in Mar. 2024 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.


First Choice Healthcare Solutions Days Inventory Related Terms

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


First Choice Healthcare Solutions (First Choice Healthcare Solutions) Business Description

Traded in Other Exchanges
N/A
Address
95 Bulldog Boulevard, Suite 202, Melbourne, FL, USA, 32901
First Choice Healthcare Solutions Inc is engaged in implementing a defined growth strategy aimed at building a network of localized, integrated healthcare services platforms comprised of primary care using doctors, nurse practitioners, health and well services (anti-aging, weight management and stem cells), rehabilitative therapy, pain management, and pharmacy- services. in markets throughout the U.S.
Executives
Gary Pickett officer: Chief Financial Officer 9958 LAKE SEMINOLE DR. W., LARGO FL 33773
Michael J. West other: Former Officer and Owner 16325 EAST DORADO AVE., CENTENNIAL CO 80111
Stephen H. West director, officer: Secretary 16325 EAST DORADO AVE., CENTENNIAL CO 80111

First Choice Healthcare Solutions (First Choice Healthcare Solutions) Headlines

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