Days Inventory is also known as Days Sales of Inventory (DSI). Novus Robotics's Average Total Inventories for the
three
months ended in Mar. 2019 was $0.22 Mil. Novus Robotics's Cost of Goods Sold for the
three
months ended in Mar. 2019 was $0.49 Mil.
Hence, Novus Robotics's Days Inventory for the
three
months ended in Mar. 2019 was 40.28.
The historical rank and industry rank for Novus Robotics's Days Inventory or its related term are showing as below:
NRBT's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47 * Ranked among companies with meaningful Days Inventory only.
Novus Robotics's Days Inventory
declined
from Mar. 2018 (346.83) to Mar. 2019 (40.28).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Novus Robotics's Inventory Turnover for the
three
months ended in Mar. 2019 was 2.27.
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.
Novus Robotics's Inventory-to-Revenue for the
three
months ended in Mar. 2019 was 0.24.
Novus Robotics (OTCPK:NRBT) 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.
Novus Robotics's Inventory Turnover for the
three
months ended in Mar. 2019 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.
Novus Robotics's Inventory to Revenue for the
three
months ended in Mar. 2019 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.
Novus Robotics Days Inventory Related Terms
Novus Robotics Days Inventory Historical Data
* Premium members only.
The historical data trend for Novus Robotics'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.
For the Specialty Industrial Machinery subindustry, Novus Robotics'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.
Novus Robotics Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Novus Robotics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Novus Robotics's Days Inventory falls into.
* 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.
Novus Robotics (NRBT) has a Days Inventory of 40.28 as of Mar. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Novus Robotics and its competitors.
Is Novus Robotics' Days Inventory too high?
Novus Robotics' current Days Inventory is 40.28. The Industrial Products industry median Days Inventory is 119.47. Novus Robotics' value of 40.28 is 66.3% below this industry median. Overall, Novus Robotics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Novus Robotics' Days Inventory compare to SEII?
Novus Robotics' Days Inventory of 40.28 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. Novus Robotics' value of 40.28 is 66.3% below 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,969 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. Novus Robotics's current Days Inventory of 40.28 is 66.3% below 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 Novus Robotics and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Robotics's current Days Inventory is 40.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Robotics stock overvalued right now?
Novus Robotics (NRBT) has a current Days Inventory of 40.28. The current Days Inventory is 40.28 and 66.3% below the Industrial Products industry median of 119.47. Novus Robotics' overall GF Score™ is 12/100. 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 Novus Robotics (NRBT), the current Days Inventory is 40.28 as of Mar. 2019. 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.
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
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