GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » NanoVibronix Inc (STU:56R0) » Definitions » Days Inventory

NanoVibronix (STU:56R0) Days Inventory : 892.71 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is NanoVibronix Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NanoVibronix's Average Total Inventories for the three months ended in Sep. 2024 was €2.14 Mil. NanoVibronix's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.22 Mil. Hence, NanoVibronix's Days Inventory for the three months ended in Sep. 2024 was 892.71.

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

STU:56R0' s Days Inventory Range Over the Past 10 Years
Min: 63.14   Med: 270.15   Max: 1200.44
Current: 723.96

During the past 13 years, NanoVibronix's highest Days Inventory was 1200.44. The lowest was 63.14. And the median was 270.15.

STU:56R0's Days Inventory is ranked worse than
93.99% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 187.04 vs STU:56R0: 723.96

NanoVibronix's Days Inventory declined from Sep. 2023 (2,618.07) to Sep. 2024 (892.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. NanoVibronix's Inventory Turnover for the three months ended in Sep. 2024 was 0.10.

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. NanoVibronix's Inventory-to-Revenue for the three months ended in Sep. 2024 was 6.32.


NanoVibronix Days Inventory Historical Data

The historical data trend for NanoVibronix'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.

* Premium members only.

NanoVibronix Days Inventory Chart

NanoVibronix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.28 123.84 61.06 730.00 1,214.36

NanoVibronix 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 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 2,618.07 620.86 944.59 586.30 892.71

Competitive Comparison of NanoVibronix's Days Inventory

For the Medical Devices subindustry, NanoVibronix'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.


NanoVibronix's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

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



NanoVibronix Days Inventory Calculation

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

NanoVibronix'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
=( (2.053 + 2.505) / 2 ) / 0.685*365
=2.279 / 0.685*365
=1,214.36

NanoVibronix'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
=( (2.258 + 2.027) / 2 ) / 0.219*365 / 4
=2.1425 / 0.219*365 / 4
=892.71

* 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.


NanoVibronix  (STU:56R0) 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.

NanoVibronix's Inventory Turnover for the three months ended in Sep. 2024 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.

NanoVibronix's Inventory to Revenue for the three months ended in Sep. 2024 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.


NanoVibronix Days Inventory Related Terms

Thank you for viewing the detailed overview of NanoVibronix's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


NanoVibronix Business Description

Traded in Other Exchanges
Address
969 Pruitt Avenue, Tyler, TX, USA, 77569
NanoVibronix Inc manufactures noninvasive biological response-activating devices that target biofilm prevention, pain therapy, and wound healing and can be administered at home, without the assistance of medical professionals. Its primary products are UroShield; PainShield; and WoundShield. Each of its UroShield, PainShield, and WoundShield products employs a small, disposable transducer that transmits low-frequency, low-intensity ultrasound acoustic waves that seek to repair and regenerate tissue, musculoskeletal and vascular structures, and decrease biofilm formation on urinary catheters and associated urinary tract infections. The company derives revenues from selling its products directly to patients as well as through distributor agreements.

NanoVibronix Headlines

No Headlines