Med-X (MXRX) Days Inventory: 181.03 (As of Dec. 2022)


What is Med-X Days Inventory?

Med-X MXRX Days Inventory is 181.03 as of Dec. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). Med-X's Average Total Inventories for the six months ended in Dec. 2022 was $0.92 Mil. Med-X's Cost of Goods Sold for the six months ended in Dec. 2022 was $0.93 Mil. Hence, Med-X's Days Inventory for the six months ended in Dec. 2022 was 181.03.

The historical rank and industry rank for Med-X's Days Inventory or its related term are showing as below:

MXRX's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.655
* Ranked among companies with meaningful Days Inventory only.

Med-X's Days Inventory declined from Dec. 2021 (288.11) to Dec. 2022 (181.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Med-X's Inventory Turnover for the six months ended in Dec. 2022 was 1.01.

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. Med-X's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.95.

Med-X  (NAS:MXRX) 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.

Med-X's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.932 / 0.9245
=1.01

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.

Med-X's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.9245 / 0.972
=0.95

* 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.

Med-X Days Inventory Related Terms

Med-X Days Inventory Historical Data

* Premium members only.

The historical data trend for Med-X'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.

Med-X Days Inventory Chart

Med-X Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
315.97 329.28 197.95

Med-X Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22
Days Inventory 0.00 400.01 288.11 287.17 181.03

MXRX vs : Days Inventory Comparison

For the Household & Personal Products subindustry, Med-X'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.

Med-X Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Med-X's Days Inventory distribution charts can be found below:

* The bar in red indicates where Med-X's Days Inventory falls into.


Med-X Days Inventory Calculation

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

Med-X's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.933 + 0.771) / 2 ) / 1.571*365
=0.852 / 1.571*365
=197.95

Med-X's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (1.078 + 0.771) / 2 ) / 0.932*365 / 2
=0.9245 / 0.932*365 / 2
=181.03

* 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 181.03 mean?
Med-X (MXRX) has a Days Inventory of 181.03 as of Dec. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Med-X and its competitors.
Is Med-X's Days Inventory too high?
Med-X's current Days Inventory is 181.03. The Consumer Packaged Goods industry median Days Inventory is 82.66. Med-X's value of 181.03 is 119% above this industry median.
How does Med-X's Days Inventory compare to ?
Med-X's Days Inventory of 181.03 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.66. Med-X's value of 181.03 is 119% 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.66, based on 1,864 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. Med-X's current Days Inventory of 181.03 is 119% 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 Med-X and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Med-X's current Days Inventory is 181.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Med-X stock overvalued right now?
Med-X (MXRX) has a current Days Inventory of 181.03. The current Days Inventory is 181.03 and 119% above the Consumer Packaged Goods industry median of 82.66. 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 Med-X (MXRX), the current Days Inventory is 181.03 as of Dec. 2022. 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.

Med-X Business Description

Comparable Companies
Address 8236 Remmet Avenue, Canoga Park, CA, USA, 91304
Med-X Inc is engaged in the business of product development, distribution, and marketing of products, which currently consist of Nature-Cide, Thermal-Aid, and Malibu Brands. Nature-Cide products include natural essential oil blends of indoor and outdoor pesticide/insecticide/repellent developed for multiple industries, including professional pest control, turf care, janitorial, hospitality, transportation, and agriculture. Thermal-Aid, Thermal-Aid Zoo, and the Thermal-Aid Headache Relief System are natural heating/cooling pain and physical therapy products for painful ailments affecting adults, children, and animals. Nature-Cide. Malibu Brands has only one product available, an all-natural essential oil pain management cream.