OVATF (Ovation Science) Days Inventory: 0.00 (As of Mar. 2026)


What is Ovation Science Days Inventory?

Ovation Science OVATF Days Inventory is 0.00 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 919 Drug Manufacturers companies, Ovation Science ranks worse than 98.59% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ovation Science's Average Total Inventories for the three months ended in Mar. 2026 was $0.00 Mil. Ovation Science's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.00 Mil.

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

OVATF' s Days Inventory Range Over the Past 10 Years
Min: 310.93   Med: 789.31   Max: 4389.86
Current: 939.88

During the past 9 years, Ovation Science's highest Days Inventory was 4389.86. The lowest was 310.93. And the median was 789.31.

OVATF's Days Inventory is ranked worse than
98.59% of 919 companies
in the Drug Manufacturers industry
Industry Median: 162.83 vs OVATF: 939.88

Ovation Science's Days Inventory declined from Mar. 2025 (1,825.00) to Mar. 2026 (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. Ovation Science's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.00.


Ovation Science  (OTCPK:OVATF) 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.

Ovation Science's Inventory Turnover for the three months ended in Mar. 2026 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.

Ovation Science's Inventory to Revenue for the three months ended in Mar. 2026 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.


Ovation Science Days Inventory Related Terms


Ovation Science Days Inventory Historical Data

* Premium members only.

The historical data trend for Ovation Science'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.

Ovation Science Days Inventory Chart

Ovation Science Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only 4,373.71 243.33 425.83 316.97 1,042.86

Ovation Science Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,825.00 0.00 258.54 0.00 0.00

OVATF vs ZTS: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ovation Science'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.


Ovation Science Days Inventory vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ovation Science's Days Inventory distribution charts can be found below:

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



Ovation Science Days Inventory Calculation

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

Ovation Science's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.02 + 0) / 1 ) / 0.007*365
=0.02 / 0.007*365
=1,042.86

Ovation Science's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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?
Ovation Science (OVATF) has a Days Inventory of 0.00 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ovation Science and its competitors. Over the past decade, Ovation Science's Days Inventory has ranged from 310.93 to 4,389.86. According to the industry distribution chart, Ovation Science ranks #906 out of 919 companies in the Drug Manufacturers industry, placing it in the top 98.6%.
Is Ovation Science's Days Inventory too high?
Ovation Science's current Days Inventory is 0.00. Over the past 10 years, this metric has ranged from a low of 310.93 to a high of 4,389.86. Based on the distribution chart, Ovation Science ranks #906 out of 919 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Ovation Science's Days Inventory compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Ovation Science ranks #906 out of 919 companies for Days Inventory. This places Ovation Science in the lower half of its industry. The industry median Days Inventory is 162.83. Historically, Ovation Science's own Days Inventory has ranged from 310.93 to 4,389.86 over the past decade. 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 Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 162.83, based on 919 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 Ovation Science and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 162.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovation Science'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 Ovation Science stock overvalued right now?
Based on GuruFocus' analysis, Ovation Science (OVATF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.04 — trading 16.7% above its estimated fair value. 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 Ovation Science (OVATF), the current Days Inventory is 0.00 as of Mar. 2026. 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.

Ovation Science Business Description

Other Exchanges OVAT:Canada
Address 1166 Alberni Street, Suite 1003, Vancouver, BC, CAN, V6E 3Z3
Ovation Science Inc. is a Canada-based company mainly engaged in the business of providing topical and transdermal cannabis products under the Ovation brand label, utilizing patented Invisicare delivery technology. The Company operates in one reportable operating segment, the sub-licensing and sales of cannabis products that utilize Invisicare, a patented polymer-based technology for topical and transdermal skin care products.