KVMD (Kelvin Medical) Days Inventory: 0.00 (As of Mar. 2018)

What is Kelvin Medical Days Inventory?

Kelvin Medical KVMD Days Inventory is 0.00 as of Mar. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Kelvin Medical's Average Total Inventories for the three months ended in Mar. 2018 was $0.00 Mil. Kelvin Medical's Cost of Goods Sold for the three months ended in Mar. 2018 was $0.00 Mil.

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

KVMD's Days Inventory is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 179.785
* Ranked among companies with meaningful Days Inventory only.

Kelvin Medical's Days Inventory stayed the same from Mar. 2017 (0.00) to Mar. 2018 (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.

Kelvin Medical (OTCPK:KVMD) 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.

Kelvin Medical's Inventory Turnover for the three months ended in Mar. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Kelvin Medical's Inventory to Revenue for the three months ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

* 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.

Kelvin Medical Days Inventory Related Terms

Kelvin Medical Days Inventory Historical Data

* Premium members only.

The historical data trend for Kelvin Medical's Days Inventory can be seen below:

Kelvin Medical Days Inventory Chart

Kelvin Medical Annual Data

Trend

Jun16

Jun17

Days Inventory

0.00

Kelvin Medical Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Days Inventory	Get a 7-Day Free Trial			0.00	0.00	0.00	0.00	0.00

KVMD vs XTNT, ACRX, APEN: Days Inventory Comparison

For the Medical Devices subindustry, Kelvin Medical'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.

Kelvin Medical Days Inventory vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Kelvin Medical's Days Inventory falls into.

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Kelvin Medical Days Inventory Calculation

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

Kelvin Medical's Days Inventory for the fiscal year that ended in Jun. 2017 is calculated as

	Days Inventory (A: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Kelvin Medical's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:

	Days Inventory (Q: Mar. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Kelvin Medical (KVMD) has a Days Inventory of 0.00 as of Mar. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kelvin Medical and its competitors.

Is Kelvin Medical's Days Inventory too high?

Kelvin Medical's current Days Inventory is 0.00.

How does Kelvin Medical's Days Inventory compare to XTNT and ACRX?

Kelvin Medical's Days Inventory of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.79. 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 179.79, based on 786 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 Kelvin Medical and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelvin Medical'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 Kelvin Medical stock overvalued right now?

Kelvin Medical (KVMD) 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 Kelvin Medical (KVMD), the current Days Inventory is 0.00 as of Mar. 2018. 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.

Kelvin Medical Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies XTNT ACRX XPAR:MKEA XKRX:150840 LSE:BQE APEN ASX:ELX LSE:IDH TSE:5187 EYES MSON LSE:CREO XKRX:004080 ROCO:1788 XKRX:216280 TSXV:VMD LSE:AVO XKRX:226400 XKRX:156100 XKRX:056090

Address 10930 Skyranch Place, Nevada, CA, USA, 95959

Website http://www.kelvinmedical.com

Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.