MDXL (MediXall Group) Days Inventory: 0.00 (As of Sep. 2024)


What is MediXall Group Days Inventory?

MediXall Group MDXL Days Inventory is 0.00 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). MediXall Group's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. MediXall Group's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.02 Mil. Hence, MediXall Group's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

MDXL's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 29.855
* Ranked among companies with meaningful Days Inventory only.

MediXall Group's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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. MediXall Group's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


MediXall Group  (OTCPK:MDXL) 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.

MediXall Group'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.

MediXall Group'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.


MediXall Group Days Inventory Related Terms


MediXall Group Days Inventory Historical Data

* Premium members only.

The historical data trend for MediXall Group'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.

MediXall Group Days Inventory Chart

MediXall Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MediXall Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only 0.00 0.00 0.00 0.00 0.00

MDXL vs ICCT, VEEV, GEHC: Days Inventory Comparison

For the Health Information Services subindustry, MediXall Group'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.


MediXall Group Days Inventory vs Healthcare Providers & Services Industry

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

* The bar in red indicates where MediXall Group's Days Inventory falls into.



MediXall Group Days Inventory Calculation

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

MediXall Group'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
=( (0 + 0) / 1 ) / 0.236*365
=0 / 0.236*365
=0.00

MediXall Group'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
=( (0 + 0) / 1 ) / 0.017*365 / 4
=0 / 0.017*365 / 4
=0.00

* 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 0.00 mean?
MediXall Group (MDXL) has a Days Inventory of 0.00 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MediXall Group and its competitors.
Is MediXall Group's Days Inventory too high?
MediXall Group's current Days Inventory is 0.00.
How does MediXall Group's Days Inventory compare to ICCT and VEEV?
MediXall Group'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 MediXall Group 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. MediXall Group'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 MediXall Group stock overvalued right now?
MediXall Group (MDXL) 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 MediXall Group (MDXL), the current Days Inventory is 0.00 as of Sep. 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.

MediXall Group Business Description

Address 104 North 4th Street, Leesburg, FL, USA, 34748
MediXall Group Inc is an innovation-driven technology company designed to deliver health and well-being services which address gaps in access to care, spiraling healthcare costs, and the pain points faced by both consumers and businesses. It has developed a cloud-based electronic marketplace where clients can shop for medical services; diagnostic procedures and services; and medical equipment and devices. The company's platform connects physicians and service providers to patients, and payers to the physicians and service providers, across all healthcare settings. The company generates revenue from employer customers and consumer subscription fees.