GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nowtransit Inc (OTCPK:NOTR) » Definitions » Days Inventory

Nowtransit (Nowtransit) Days Inventory : 82.76 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Nowtransit Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nowtransit's Average Total Inventories for the three months ended in Mar. 2024 was $0.04 Mil. Nowtransit's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.04 Mil. Hence, Nowtransit's Days Inventory for the three months ended in Mar. 2024 was 82.76.

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

NOTR' s Days Inventory Range Over the Past 10 Years
Min: 77.35   Med: 121.67   Max: 121.67
Current: 77.35

During the past 5 years, Nowtransit's highest Days Inventory was 121.67. The lowest was 77.35. And the median was 121.67.

NOTR's Days Inventory is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 32.42 vs NOTR: 77.35

Nowtransit's Days Inventory increased from Feb. 2023 (0.00) to Mar. 2024 (82.76). It might indicate that Nowtransit'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. Nowtransit's Inventory Turnover for the three months ended in Mar. 2024 was 1.10.

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. Nowtransit's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.


Nowtransit Days Inventory Historical Data

The historical data trend for Nowtransit'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.

* Premium members only.

Nowtransit Days Inventory Chart

Nowtransit Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Dec23
Days Inventory
- - - - 121.67

Nowtransit Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jun23 Sep23 Dec23 Mar24
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 - 162.22 71.29 49.03 82.76

Competitive Comparison of Nowtransit's Days Inventory

For the Pharmaceutical Retailers subindustry, Nowtransit'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.


Nowtransit's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

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



Nowtransit Days Inventory Calculation

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

Nowtransit'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: Aug. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0.038) / 1 ) / 0.114*365
=0.038 / 0.114*365
=121.67

Nowtransit's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.038 + 0.04) / 2 ) / 0.043*365 / 4
=0.039 / 0.043*365 / 4
=82.76

* 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.


Nowtransit  (OTCPK:NOTR) 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.

Nowtransit's Inventory Turnover for the three months ended in Mar. 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.

Nowtransit's Inventory to Revenue for the three months ended in Mar. 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.


Nowtransit Days Inventory Related Terms

Thank you for viewing the detailed overview of Nowtransit's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Nowtransit (Nowtransit) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2825 East Cottonwood Parkway, Suite 500 - No. 5130, Salt Lake City, USA, 84121
Nowtransit Inc is a start-up company. The company intends to create an online platform that will provide transport services. It is planning to target Europe and North America markets.

Nowtransit (Nowtransit) Headlines

No Headlines