NGMDF (NuGen Medical Devices) Days Inventory: 4,123.36 (As of Mar. 2026) — 1296% Above Median


What is NuGen Medical Devices Days Inventory?

NuGen Medical Devices NGMDF Days Inventory is 4,123.36 as of Mar. 2026, which is 1296% above its 10-year median of 295.34. The stock has 7 warning signs investors should review. Among 786 Medical Devices & Instruments companies, NuGen Medical Devices ranks worse than 98.35% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). NuGen Medical Devices's Average Total Inventories for the three months ended in Mar. 2026 was $0.36 Mil. NuGen Medical Devices's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.01 Mil. Hence, NuGen Medical Devices's Days Inventory for the three months ended in Mar. 2026 was 4,123.36.

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

NGMDF' s Days Inventory Range Over the Past 10 Years
Min: 91.25   Med: 295.34   Max: 1770.89
Current: 1770.89

During the past 6 years, NuGen Medical Devices's highest Days Inventory was 1770.89. The lowest was 91.25. And the median was 295.34.

NGMDF's Days Inventory is ranked worse than
98.35% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 179.86 vs NGMDF: 1770.89

NuGen Medical Devices's Days Inventory increased from Mar. 2025 (651.42) to Mar. 2026 (4,123.36). It might indicate that NuGen Medical Devices's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. NuGen Medical Devices's Inventory Turnover for the three months ended in Mar. 2026 was 0.02.

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. NuGen Medical Devices's Inventory-to-Revenue for the three months ended in Mar. 2026 was 20.08.


NuGen Medical Devices  (OTCPK:NGMDF) 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.

NuGen Medical Devices's Inventory Turnover for the three months ended in Mar. 2026 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.

NuGen Medical Devices's Inventory to Revenue for the three months ended in Mar. 2026 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.


NuGen Medical Devices Days Inventory Related Terms


NuGen Medical Devices Days Inventory Historical Data

* Premium members only.

The historical data trend for NuGen Medical Devices'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.

NuGen Medical Devices Days Inventory Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 91.25 313.53 313.49 202.72 1,175.22

NuGen Medical Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 651.42 3,938.96 2,167.19 748.50 4,123.36

NGMDF vs ABT, SYK, MDT: Days Inventory Comparison

For the Medical Devices subindustry, NuGen Medical Devices'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.


NuGen Medical Devices Days Inventory vs Medical Devices & Instruments Industry

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

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



NuGen Medical Devices Days Inventory Calculation

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

NuGen Medical Devices's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.225 + 0.361) / 2 ) / 0.091*365
=0.293 / 0.091*365
=1,175.22

NuGen Medical Devices's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.361 + 0.362) / 2 ) / 0.008*365 / 4
=0.3615 / 0.008*365 / 4
=4,123.36

* 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 4,123.36 mean?
NuGen Medical Devices (NGMDF) has a Days Inventory of 4,123.36 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NuGen Medical Devices and its competitors. This is 1296% above median its historical median of 295.34. Over the past decade, NuGen Medical Devices' Days Inventory has ranged from 91.25 to 1,770.89. According to the industry distribution chart, NuGen Medical Devices ranks #773 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 98.3%.
Is NuGen Medical Devices' Days Inventory too high?
NuGen Medical Devices' current Days Inventory of 4,123.36 is 1296% above median its 10-year median of 295.34. Over the past 10 years, this metric has ranged from a low of 91.25 to a high of 1,770.89. The Medical Devices & Instruments industry median Days Inventory is 179.86. NuGen Medical Devices' value of 4,123.36 is 2192.5% above this industry median. Based on the distribution chart, NuGen Medical Devices ranks #773 out of 786 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does NuGen Medical Devices' Days Inventory compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, NuGen Medical Devices ranks #773 out of 786 companies for Days Inventory. This places NuGen Medical Devices in the lower half of its industry. The industry median Days Inventory is 179.86. NuGen Medical Devices' value of 4,123.36 is 2192.5% above this benchmark. Historically, NuGen Medical Devices' own Days Inventory has ranged from 91.25 to 1,770.89 over the past decade. While the company's 10-year median is 295.34 vs. the industry median of 179.86, NuGen Medical Devices has consistently been above the industry average. 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 179.86, 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. NuGen Medical Devices's current Days Inventory of 4,123.36 is 2192.5% 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 NuGen Medical Devices and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuGen Medical Devices's current Days Inventory is 4,123.36, which is 1296% above median its own 10-year median of 295.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuGen Medical Devices stock overvalued right now?
Based on GuruFocus' analysis, NuGen Medical Devices (NGMDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading 21.8% below its estimated fair value. The current Days Inventory is 4,123.36, which is 1296% above median its 10-year median of 295.34 and 2192.5% above the Medical Devices & Instruments industry median of 179.86. 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 NuGen Medical Devices (NGMDF), the current Days Inventory is 4,123.36 as of Mar. 2026. 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.

NuGen Medical Devices Business Description

Other Exchanges 79O:GermanyNGMD:Canada
Address 18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, and other.