PYNKF (Perimeter Medical Imaging AI) Days Inventory : 52.38 (As of Sep. 2024)

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What is Perimeter Medical Imaging AI Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Perimeter Medical Imaging AI's Average Total Inventories for the three months ended in Sep. 2024 was $0.05 Mil. Perimeter Medical Imaging AI's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.08 Mil. Hence, Perimeter Medical Imaging AI's Days Inventory for the three months ended in Sep. 2024 was 52.38.

The historical rank and industry rank for Perimeter Medical Imaging AI's Days Inventory or its related term are showing as below:

PYNKF' s Days Inventory Range Over the Past 10 Years
Min: 63.14 Med: 158.49 Max: 312.86
Current: 139.62

During the past 5 years, Perimeter Medical Imaging AI's highest Days Inventory was 312.86. The lowest was 63.14. And the median was 158.49.

PYNKF's Days Inventory is ranked better than
67.14% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 186.935 vs PYNKF: 139.62

Perimeter Medical Imaging AI's Days Inventory declined from Sep. 2023 (246.68) to Sep. 2024 (52.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Perimeter Medical Imaging AI's Inventory Turnover for the three months ended in Sep. 2024 was 1.74.

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. Perimeter Medical Imaging AI's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.22.

Perimeter Medical Imaging AI Days Inventory Historical Data

The historical data trend for Perimeter Medical Imaging AI'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.

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Perimeter Medical Imaging AI Days Inventory Chart

Perimeter Medical Imaging AI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

365.00

64.41

158.54

Perimeter Medical Imaging AI Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															246.68	274.72	212.92	104.81	52.38

Competitive Comparison of Perimeter Medical Imaging AI's Days Inventory

For the Medical Devices subindustry, Perimeter Medical Imaging AI'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.

Perimeter Medical Imaging AI's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Perimeter Medical Imaging AI's Days Inventory distribution charts can be found below:

* The bar in red indicates where Perimeter Medical Imaging AI's Days Inventory falls into.

Perimeter Medical Imaging AI Days Inventory Calculation

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

Perimeter Medical Imaging AI'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
=	( (0.043	+	0.129)	/	2 )	/	0.198	*	365
=	0.086					/	0.198	*	365
=	158.54

Perimeter Medical Imaging AI'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
=	( (0.061	+	0.032)	/	2 )	/	0.081	*	365 / 4
=	0.0465					/	0.081	*	365 / 4
=	52.38

Perimeter Medical Imaging AI (OTCPK:PYNKF) 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.

Perimeter Medical Imaging AI's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.081	/	0.0465
	=	1.74

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.

Perimeter Medical Imaging AI's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0465	/	0.208
	=	0.22

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.

Perimeter Medical Imaging AI Days Inventory Related Terms

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Perimeter Medical Imaging AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Perimeter Medical Imaging AI Inc (OTCPK:PYNKF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

4PC:Germany PINK:Canada

Address

8585 N. Stemmons Freeway, Suite 106n, Dallas, TX, USA, 75247

Website

https://www.perimetermed.com

Perimeter Medical Imaging AI Inc is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, imaging tools to address high unmet medical needs.