HCG (hear.com NV) Days Inventory: 51.29 (As of Mar. 2021)


What is hear.com NV Days Inventory?

hear.com NV HCG Days Inventory is 51.29 as of Mar. 2021.

Days Inventory is also known as Days Sales of Inventory (DSI). hear.com NV's Average Total Inventories for the three months ended in Mar. 2021 was $13.82 Mil. hear.com NV's Cost of Goods Sold for the three months ended in Mar. 2021 was $24.58 Mil. Hence, hear.com NV's Days Inventory for the three months ended in Mar. 2021 was 51.29.

The historical rank and industry rank for hear.com NV's Days Inventory or its related term are showing as below:

HCG's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.73
* Ranked among companies with meaningful Days Inventory only.

hear.com NV's Days Inventory increased from Dec. 2019 (43.62) to Mar. 2021 (51.29). It might indicate that hear.com NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. hear.com NV's Inventory Turnover for the three months ended in Mar. 2021 was 1.78.

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. hear.com NV's Inventory-to-Revenue for the three months ended in Mar. 2021 was 0.24.


hear.com NV  (NAS:HCG) 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.

hear.com NV's Inventory Turnover for the three months ended in Mar. 2021 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.

hear.com NV's Inventory to Revenue for the three months ended in Mar. 2021 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.


hear.com NV Days Inventory Related Terms


hear.com NV Days Inventory Historical Data

* Premium members only.

The historical data trend for hear.com NV'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.

hear.com NV Days Inventory Chart

hear.com NV Annual Data
Trend Sep18 Sep19 Sep20
Days Inventory
0.00 51.93 45.39

hear.com NV Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21
Days Inventory Get a 7-Day Free Trial 43.62 0.00 0.00 48.30 51.29

HCG vs : Days Inventory Comparison

For the Medical Devices subindustry, hear.com NV'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.


hear.com NV Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, hear.com NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where hear.com NV's Days Inventory falls into.



hear.com NV Days Inventory Calculation

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

hear.com NV's Days Inventory for the fiscal year that ended in Sep. 2020 is calculated as

Days Inventory (A: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2019 ) + Total Inventories (A: Sep. 2020 )) / count ) / Cost of Goods Sold (A: Sep. 2020 )*Days in Period
=( (8.84 + 12.669) / 2 ) / 86.486*365
=10.7545 / 86.486*365
=45.39

hear.com NV's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

Days Inventory (Q: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (12.905 + 14.725) / 2 ) / 24.578*365 / 4
=13.815 / 24.578*365 / 4
=51.29

* 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 51.29 mean?
hear.com NV (HCG) has a Days Inventory of 51.29 as of Mar. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on hear.com NV and its competitors.
Is hear.com NV's Days Inventory too high?
hear.com NV's current Days Inventory is 51.29. The Medical Devices & Instruments industry median Days Inventory is 179.73. hear.com NV's value of 51.29 is 71.5% below this industry median.
How does hear.com NV's Days Inventory compare to ?
hear.com NV's Days Inventory of 51.29 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.73. hear.com NV's value of 51.29 is 71.5% 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 179.73, based on 787 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. hear.com NV's current Days Inventory of 51.29 is 71.5% 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 hear.com NV and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. hear.com NV's current Days Inventory is 51.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is hear.com NV stock overvalued right now?
hear.com NV (HCG) has a current Days Inventory of 51.29. The current Days Inventory is 51.29 and 71.5% below the Medical Devices & Instruments industry median of 179.73. 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 hear.com NV (HCG), the current Days Inventory is 51.29 as of Mar. 2021. 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.

hear.com NV Business Description

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hear.com NV is a global leader in the hearing aid industry, It provides the most comprehensive care for all your hearing needs.