OHCS (Optimus Healthcare Svcs) Days Inventory: 0.00 (As of Sep. 2024)


What is Optimus Healthcare Svcs Days Inventory?

Optimus Healthcare Svcs OHCS Days Inventory is 0.00 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Optimus Healthcare Svcs's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Optimus Healthcare Svcs's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.07 Mil. Hence, Optimus Healthcare Svcs's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

OHCS's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 29.67
* Ranked among companies with meaningful Days Inventory only.

Optimus Healthcare Svcs's Days Inventory declined from Sep. 2023 (7.98) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Optimus Healthcare Svcs's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

Optimus Healthcare Svcs  (OTCPK:OHCS) 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.

Optimus Healthcare Svcs's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.074 / 0
=

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.

Optimus Healthcare Svcs's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.385
=0.00

* 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.

Optimus Healthcare Svcs Days Inventory Related Terms

Optimus Healthcare Svcs Days Inventory Historical Data

* Premium members only.

The historical data trend for Optimus Healthcare Svcs'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.

Optimus Healthcare Svcs Days Inventory Chart

Optimus Healthcare Svcs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec08 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Optimus Healthcare Svcs Quarterly Data
Sep03 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.98 9.83 0.00 0.00 0.00

OHCS vs FOXO, OTRKQ, ICCT: Days Inventory Comparison

For the Health Information Services subindustry, Optimus Healthcare Svcs'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.

Optimus Healthcare Svcs Days Inventory vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Optimus Healthcare Svcs's Days Inventory falls into.


Optimus Healthcare Svcs Days Inventory Calculation

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

Optimus Healthcare Svcs'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: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.285*365
=0 / 0.285*365
=0.00

Optimus Healthcare Svcs's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.074*365 / 4
=0 / 0.074*365 / 4
=0.00

* 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 0.00 mean?
Optimus Healthcare Svcs (OHCS) has a Days Inventory of 0.00 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Optimus Healthcare Svcs and its competitors.
Is Optimus Healthcare Svcs' Days Inventory too high?
Optimus Healthcare Svcs' current Days Inventory is 0.00.
How does Optimus Healthcare Svcs' Days Inventory compare to FOXO and OTRKQ?
Optimus Healthcare Svcs' Days Inventory of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Inventory is 29.67. 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 Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 29.67, based on 495 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. 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 Optimus Healthcare Svcs and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optimus Healthcare Svcs's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimus Healthcare Svcs stock overvalued right now?
Optimus Healthcare Svcs (OHCS) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Optimus Healthcare Svcs (OHCS), the current Days Inventory is 0.00 as of Sep. 2024. 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.

Optimus Healthcare Svcs Business Description

Address 1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.