Days Inventory is also known as Days Sales of Inventory (DSI). Nutex Health's Average Total Inventories for the
three
months ended in Dec. 2023 was $3.0 Mil. Nutex Health's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $56.5 Mil.
Hence, Nutex Health's Days Inventory for the
three
months ended in Dec. 2023 was 4.91.
The historical rank and industry rank for Nutex Health's Days Inventory or its related term are showing as below:
NUTX'
s Days Inventory Range Over the Past 10 Years
Min: 4.12 Med: 5.56 Max: 5.94
Current: 5.33
During the past 5 years, Nutex Health's highest Days Inventory was 5.94. The lowest was 4.12. And the median was 5.56.
NUTX's Days Inventory is ranked better than 88.7% of 469
companies
in the Healthcare Providers & Services industry
Industry Median: 32.49
vs NUTX: 5.33
Nutex Health's Days Inventory
declined
from Dec. 2022 (5.40) to Dec. 2023 (4.91).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nutex Health's Inventory Turnover for the
three
months ended in Dec. 2023 was 18.59.
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.
Nutex Health's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.04.
Nutex Health Days Inventory Historical Data
The historical data trend for Nutex Health'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.
Competitive Comparison of Nutex Health's Days Inventory
For the Health Information Services subindustry, Nutex Health'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.
Nutex Health's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Nutex Health's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nutex Health's Days Inventory falls into.
Nutex Health Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nutex Health's Days Inventory for the fiscal year that ended in Dec. 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.
Nutex Health (NAS:NUTX) 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.
Nutex Health's Inventory Turnover for the
three
months ended in Dec. 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.
Nutex Health's Inventory to Revenue for the
three
months ended in Dec. 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.
Nutex Health Days Inventory Related Terms
Thank you for viewing the detailed overview of Nutex Health's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nutex Health Inc is healthcare services and operations company with 19 hospital facilities in eight states (hospital division), and a primary care-centric, risk-bearing population health management division. The hospital division implements and operates healthcare models, including micro-hospitals, specialty hospitals and hospital outpatient departments (HOPDs). The population health management division owns and operates provider networks such as independent physician associations (IPAs) and offers a cloud-based proprietary technology platform to IPAs that aggregates clinical and claims data across multiple settings, information systems and sources to create a holistic view of patients and providers.
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