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GRDN (Guardian Pharmacy Services) Days Inventory : 15.19 (As of Sep. 2024)


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What is Guardian Pharmacy Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guardian Pharmacy Services's Average Total Inventories for the three months ended in Sep. 2024 was $42.2 Mil. Guardian Pharmacy Services's Cost of Goods Sold for the three months ended in Sep. 2024 was $253.5 Mil. Hence, Guardian Pharmacy Services's Days Inventory for the three months ended in Sep. 2024 was 15.19.

The historical rank and industry rank for Guardian Pharmacy Services's Days Inventory or its related term are showing as below:

GRDN' s Days Inventory Range Over the Past 10 Years
Min: 17.03   Med: 19.03   Max: 21.06
Current: 20.5

During the past 6 years, Guardian Pharmacy Services's highest Days Inventory was 21.06. The lowest was 17.03. And the median was 19.03.

GRDN's Days Inventory is ranked better than
62.22% of 487 companies
in the Healthcare Providers & Services industry
Industry Median: 30.34 vs GRDN: 20.50

Guardian Pharmacy Services's Days Inventory declined from Jun. 2023 (15.66) to Sep. 2024 (15.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guardian Pharmacy Services's Inventory Turnover for the three months ended in Sep. 2024 was 6.01.

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. Guardian Pharmacy Services's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.13.


Guardian Pharmacy Services Days Inventory Historical Data

The historical data trend for Guardian Pharmacy Services'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.

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Guardian Pharmacy Services Days Inventory Chart

Guardian Pharmacy Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 19.24 19.48 18.81 18.81 17.03

Guardian Pharmacy Services Quarterly Data
Sep18 Dec18 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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 15.66 14.76 14.80 14.51 15.19

Competitive Comparison of Guardian Pharmacy Services's Days Inventory

For the Medical Care Facilities subindustry, Guardian Pharmacy Services'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.


Guardian Pharmacy Services's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Guardian Pharmacy Services's Days Inventory falls into.



Guardian Pharmacy Services Days Inventory Calculation

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

Guardian Pharmacy Services'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
=( (41.443 + 36.727) / 2 ) / 837.883*365
=39.085 / 837.883*365
=17.03

Guardian Pharmacy Services's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (39.176 + 45.216) / 2 ) / 253.515*365 / 4
=42.196 / 253.515*365 / 4
=15.19

* 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.


Guardian Pharmacy Services  (NYSE:GRDN) 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.

Guardian Pharmacy Services's Inventory Turnover for the three months ended in Sep. 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.

Guardian Pharmacy Services's Inventory to Revenue for the three months ended in Sep. 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.


Guardian Pharmacy Services Days Inventory Related Terms

Thank you for viewing the detailed overview of Guardian Pharmacy Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Guardian Pharmacy Services Business Description

Traded in Other Exchanges
N/A
Address
300 Galleria Parkway SE, Suite 800, Atlanta, GA, USA, 30339
Guardian Pharmacy Services Inc is a leading, highly differentiated pharmacy services company that provides an extensive suite of technology-enabled services designed to help residents of LTCFs adhere to their appropriate drug regimen, which in turn helps reduce the cost of care and improve clinical outcomes. The company emphasizes high-touch, individualized clinical, drug dispensing and administration capabilities that are tailored to serve the needs of residents in historically lower acuity LTCFs, such as ALFs, and .BHFs.