Days Inventory is also known as Days Sales of Inventory (DSI). iCoreConnect's Average Total Inventories for the
three
months ended in Dec. 2024 was $0.00 Mil. iCoreConnect's Cost of Goods Sold for the
three
months ended in Dec. 2024 was $0.55 Mil.
Hence, iCoreConnect's Days Inventory for the
three
months ended in Dec. 2024 was 0.00.
The historical rank and industry rank for iCoreConnect's Days Inventory or its related term are showing as below:
ICCT's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 29.855 * Ranked among companies with meaningful Days Inventory only.
iCoreConnect's Days Inventory
stayed the same
from Dec. 2023 (0.00) to Dec. 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.
iCoreConnect's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.00.
iCoreConnect (OTCPK:ICCT) 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.
iCoreConnect's Inventory Turnover for the
three
months ended in Dec. 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.
iCoreConnect's Inventory to Revenue for the
three
months ended in Dec. 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.
iCoreConnect Days Inventory Related Terms
iCoreConnect Days Inventory Historical Data
* Premium members only.
The historical data trend for iCoreConnect'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.
ICCT vs OTRKQ, FOXO, GEHC: Days Inventory Comparison
For the Health Information Services subindustry, iCoreConnect'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.
iCoreConnect Days Inventory vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, iCoreConnect's Days Inventory distribution charts can be found below:
* The bar in red indicates where iCoreConnect's Days Inventory falls into.
* 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.
iCoreConnect (ICCT) has a Days Inventory of 0.00 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on iCoreConnect and its competitors.
Is iCoreConnect's Days Inventory too high?
iCoreConnect's current Days Inventory is 0.00.
How does iCoreConnect's Days Inventory compare to OTRKQ and FOXO?
iCoreConnect's Days Inventory of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Inventory is 29.86. 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 29.86, based on 494 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. 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 iCoreConnect and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iCoreConnect's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iCoreConnect stock overvalued right now?
iCoreConnect (ICCT) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 iCoreConnect (ICCT), the current Days Inventory is 0.00 as of Dec. 2024. 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.
iCoreConnect Inc develops and markets secure cloud-based HIPAA compliant software services focused on compliance, workflow/productivity, and electronic health records systems. Its core services technology can be adopted to other vertical markets that require a high degree of secure data communication, such as the legal, financial, and education fields. It markets secure HIPAA compliant cloud-based software as a service (SaaS) offering under the names of iCoreExchange, iCoreCodeGenius, iCoreSecure, iCoreMD, iCoreDental, iCoreMobile, iCoreHuddle, iCoreRx, iCorePDMP, iCoreEPCS, and iCorePay. The company's software is sold under annual recurring revenue subscriptions. The company has a single reporting segment for reporting purposes focused on the North American market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ICCT has been successfully added to your 