Cheelcare (TSXV:CHER) Days Inventory: 322.51 (As of Jan. 2026) — 122% Above Median

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TSXV:CHER Cheelcare Inc TSXV:CHER
11 GF Score
Price C$1.73
! 3 Warning Signs
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What is Cheelcare Days Inventory?

Cheelcare TSXV:CHER +3.59% 11 Days Inventory is 322.51 as of Jan. 2026, which is 122% above its 10-year median of 145.25. GuruFocus rates TSXV:CHER with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Cheelcare ranks worse than 71.12% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Cheelcare's Average Total Inventories for the three months ended in Jan. 2026 was C$0.93 Mil. Cheelcare's Cost of Goods Sold for the three months ended in Jan. 2026 was C$0.26 Mil. Hence, Cheelcare's Days Inventory for the three months ended in Jan. 2026 was 322.51.

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

TSXV:CHER' s Days Inventory Range Over the Past 10 Years
Min: 142.52   Med: 145.25   Max: 261.76
Current: 261.76

During the past 2 years, Cheelcare's highest Days Inventory was 261.76. The lowest was 142.52. And the median was 145.25.

TSXV:CHER's Days Inventory is ranked worse than
71.12% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 179.6 vs TSXV:CHER: 261.76

Cheelcare's Days Inventory increased from Jan. 2025 (138.39) to Jan. 2026 (322.51). It might indicate that Cheelcare's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheelcare's Inventory Turnover for the three months ended in Jan. 2026 was 0.28.

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. Cheelcare's Inventory-to-Revenue for the three months ended in Jan. 2026 was 1.97.


Cheelcare  (TSXV:CHER) 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.

Cheelcare's Inventory Turnover for the three months ended in Jan. 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.

Cheelcare's Inventory to Revenue for the three months ended in Jan. 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.


Cheelcare Days Inventory Related Terms


Cheelcare Days Inventory Historical Data

* Premium members only.

The historical data trend for Cheelcare'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.

Cheelcare Days Inventory Chart

Cheelcare Annual Data
Trend Apr23 Apr24
Days Inventory
142.52 147.97

Cheelcare Quarterly Data
Apr23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.39 163.28 157.13 318.26 322.51

TSXV:CHER vs ABT, SYK, MDT: Days Inventory Comparison

For the Medical Devices subindustry, Cheelcare'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.


Cheelcare Days Inventory vs Medical Devices & Instruments Industry

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

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


TSXV:CHER
11GF Score
Cheelcare Inc TSXV:CHER
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Cheelcare Days Inventory Calculation

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

Cheelcare's Days Inventory for the fiscal year that ended in Apr. 2024 is calculated as

Days Inventory (A: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (0.205 + 0.335) / 2 ) / 0.666*365
=0.27 / 0.666*365
=147.97

Cheelcare's Days Inventory for the quarter that ended in Jan. 2026 is calculated as:

Days Inventory (Q: Jan. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2025 ) + Total Inventories (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (0.732 + 1.12) / 2 ) / 0.262*365 / 4
=0.926 / 0.262*365 / 4
=322.51

* 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 322.51 mean?
Cheelcare (TSXV:CHER) has a Days Inventory of 322.51 as of Jan. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cheelcare and its competitors. This is 122% above median its historical median of 145.25. Over the past decade, Cheelcare's Days Inventory has ranged from 142.52 to 261.76. According to the industry distribution chart, Cheelcare ranks #559 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 71.1%.
Is Cheelcare's Days Inventory too high?
Cheelcare's current Days Inventory of 322.51 is 122% above median its 10-year median of 145.25. Over the past 10 years, this metric has ranged from a low of 142.52 to a high of 261.76. The Medical Devices & Instruments industry median Days Inventory is 179.60. Cheelcare's value of 322.51 is 79.6% above this industry median. Based on the distribution chart, Cheelcare ranks #559 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Cheelcare has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Cheelcare's Days Inventory compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Cheelcare ranks #559 out of 786 companies for Days Inventory. This places Cheelcare in the lower half of its industry. The industry median Days Inventory is 179.60. Cheelcare's value of 322.51 is 79.6% above this benchmark. Historically, Cheelcare's own Days Inventory has ranged from 142.52 to 261.76 over the past decade. While the company's 10-year median is 145.25 vs. the industry median of 179.60, Cheelcare has consistently been above the industry average. 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.60, based on 786 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. Cheelcare's current Days Inventory of 322.51 is 79.6% above the industry median. 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 Cheelcare and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheelcare's current Days Inventory is 322.51, which is 122% above median its own 10-year median of 145.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheelcare stock overvalued right now?
Cheelcare (TSXV:CHER) has a current Days Inventory of 322.51. The current Days Inventory is 322.51, which is 122% above median its 10-year median of 145.25 and 79.6% above the Medical Devices & Instruments industry median of 179.60. Cheelcare's overall GF Score™ is 11/100 with 3 warning signs to review. 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 Cheelcare (TSXV:CHER), the current Days Inventory is 322.51 as of Jan. 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.

Cheelcare Business Description

Address 16 Sims Crescent, Unit 20, Richmond Hill, ON, CAN, L4B 2P1
Cheelcare Inc is a company that designs and manufactures inventive mobility devices using robotics. Its product portfolio consists of three key lines: Robotic Complex Rehab Power Wheelchair such devices feature patented self-leveling technology and the lowest seat-to-floor height in their class, enhancing stability and accessibility. Power Add-ons for Manual Wheelchairs designed to convert manual wheelchairs into powered mobility devices, offering users increased independence. Aftermarket Wheelchair Accessories includes a range of OEM equipment, backup cameras, phone chargers, and wheel suspension systems, that allow wheelchair users the ability to supplement their existing equipment to improve safety and convenience.
11GF Score

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