HLTHQ (Cue Health) Days Inventory: 99.05 (As of Dec. 2023)

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What is Cue Health Days Inventory?

Cue Health HLTHQ -90.00% Days Inventory is 99.05 as of Dec. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Cue Health's Average Total Inventories for the three months ended in Dec. 2023 was $38.80 Mil. Cue Health's Cost of Goods Sold for the three months ended in Dec. 2023 was $35.74 Mil. Hence, Cue Health's Days Inventory for the three months ended in Dec. 2023 was 99.05.

The historical rank and industry rank for Cue Health's Days Inventory or its related term are showing as below:

HLTHQ's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 29.175
* Ranked among companies with meaningful Days Inventory only.

Cue Health's Days Inventory declined from Dec. 2022 (108.31) to Dec. 2023 (99.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cue Health's Inventory Turnover for the three months ended in Dec. 2023 was 0.92.

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. Cue Health's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.23.


Cue Health  (OTCPK:HLTHQ) 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.

Cue Health's Inventory Turnover for the three months ended in Dec. 2023 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.

Cue Health's Inventory to Revenue for the three months ended in Dec. 2023 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.


Cue Health Days Inventory Related Terms


Cue Health Days Inventory Historical Data

* Premium members only.

The historical data trend for Cue Health'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.

Cue Health Days Inventory Chart

Cue Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
0.00 899.43 82.64 94.35 138.21

Cue Health Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 188.14 233.80 271.38 99.05 77.44

HLTHQ vs UPHL, GEHC, VEEV: Days Inventory Comparison

For the Health Information Services subindustry, Cue Health'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.


Cue Health Days Inventory vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Cue Health's Days Inventory falls into.



Cue Health Days Inventory Calculation

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

Cue Health'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
=( (82.21 + 14.039) / 2 ) / 127.091*365
=48.1245 / 127.091*365
=138.21

Cue Health's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (63.555 + 14.039) / 2 ) / 35.742*365 / 4
=38.797 / 35.742*365 / 4
=99.05

* 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 99.05 mean?
Cue Health (HLTHQ) has a Days Inventory of 99.05 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cue Health and its competitors.
Is Cue Health's Days Inventory too high?
Cue Health's current Days Inventory is 99.05. The Healthcare Providers & Services industry median Days Inventory is 29.18. Cue Health's value of 99.05 is 239.5% above this industry median.
How does Cue Health's Days Inventory compare to UPHL and GEHC?
Cue Health's Days Inventory of 99.05 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Inventory is 29.18. Cue Health's value of 99.05 is 239.5% above 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 Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 29.18, based on 496 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. Cue Health's current Days Inventory of 99.05 is 239.5% above 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 Cue Health and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cue Health's current Days Inventory is 99.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cue Health stock overvalued right now?
Cue Health (HLTHQ) has a current Days Inventory of 99.05. The current Days Inventory is 99.05 and 239.5% above the Healthcare Providers & Services industry median of 29.18. 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 Cue Health (HLTHQ), the current Days Inventory is 99.05 as of Dec. 2023. 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.

Cue Health Business Description

Address 4980 Carroll Canyon Road, Suite 100, San Diego, CA, USA, 92121
Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage their health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies, and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point of care, all in a device that fits in the palm of hand. Its Cue Integrated Care Platform consists of multiple hardware, software, and diagnostic components and has been engineered so that it can be directly integrated into existing workflows and on-demand services, such as telemedicine, e-Rx services, and EMR systems.