Days Inventory is also known as Days Sales of Inventory (DSI). Nuheara's Average Total Inventories for the
six
months ended in Jun. 2023 was $1.86 Mil. Nuheara's Cost of Goods Sold for the
six
months ended in Jun. 2023 was $0.71 Mil.
Hence, Nuheara's Days Inventory for the
six
months ended in Jun. 2023 was 476.21.
The historical rank and industry rank for Nuheara's Days Inventory or its related term are showing as below:
NUHRF's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 94.265 * Ranked among companies with meaningful Days Inventory only.
Nuheara's Days Inventory
increased
from Jun. 2022 (380.86) to Jun. 2023 (476.21).
It might indicate that Nuheara's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nuheara's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.38.
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.
Nuheara's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 2.38.
Nuheara (OTCPK:NUHRF) 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.
Nuheara's Inventory Turnover for the
six
months ended in Jun. 2023 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.
Nuheara's Inventory to Revenue for the
six
months ended in Jun. 2023 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.
Nuheara Days Inventory Related Terms
Nuheara Days Inventory Historical Data
* Premium members only.
The historical data trend for Nuheara'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 Consumer Electronics subindustry, Nuheara'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.
Nuheara Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Nuheara's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nuheara'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.
Nuheara (NUHRF) has a Days Inventory of 476.21 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nuheara and its competitors.
Is Nuheara's Days Inventory too high?
Nuheara's current Days Inventory is 476.21. The Hardware industry median Days Inventory is 94.27. Nuheara's value of 476.21 is 405.2% above this industry median. Overall, Nuheara has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nuheara's Days Inventory compare to AAPL?
Nuheara's Days Inventory of 476.21 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.27. Nuheara's value of 476.21 is 405.2% 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 Hardware company?
The median Days Inventory among Hardware companies is 94.27, based on 2,420 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. Nuheara's current Days Inventory of 476.21 is 405.2% 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 Nuheara and its competitors. For the Hardware industry, the median Days Inventory is 94.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuheara's current Days Inventory is 476.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuheara stock overvalued right now?
Nuheara (NUHRF) has a current Days Inventory of 476.21. The current Days Inventory is 476.21 and 405.2% above the Hardware industry median of 94.27. Nuheara's 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 Nuheara (NUHRF), the current Days Inventory is 476.21 as of Jun. 2023. 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.
Nuheara Ltd is an Australia based company that engages in the development, manufacture, and sale of hearing aids. The principal activity of the company is the development and commercialization of its proprietary hearing and wearables technology platform that aims to combine speech augmentation software with spatial directionality and placement, Bluetooth connectivity, and application software components. Some of its products include IQbuds2 MAX, IQbuds BOOST, IQstream TV, and Bluetooth Transmitter.
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