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Frequency Exchange (TSXV:FREQ) Days Inventory : 77.50 (As of Sep. 2024)


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What is Frequency Exchange Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Frequency Exchange's Average Total Inventories for the three months ended in Sep. 2024 was C$0.06 Mil. Frequency Exchange's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.07 Mil. Hence, Frequency Exchange's Days Inventory for the three months ended in Sep. 2024 was 77.50.

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

TSXV:FREQ' s Days Inventory Range Over the Past 10 Years
Min: 159.8   Med: 277.9   Max: 277.9
Current: 159.8

During the past 3 years, Frequency Exchange's highest Days Inventory was 277.90. The lowest was 159.80. And the median was 277.90.

TSXV:FREQ's Days Inventory is ranked better than
59.97% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 187.04 vs TSXV:FREQ: 159.80

Frequency Exchange's Days Inventory declined from Jun. 2023 (198.71) to Sep. 2024 (77.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Frequency Exchange's Inventory Turnover for the three months ended in Sep. 2024 was 1.18.

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. Frequency Exchange's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.28.


Frequency Exchange Days Inventory Historical Data

The historical data trend for Frequency Exchange'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.

Frequency Exchange Days Inventory Chart

Frequency Exchange Annual Data
Trend Oct20 Oct21 Dec22
Days Inventory
- - 277.90

Frequency Exchange Quarterly Data
Oct20 Jan21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 198.71 294.03 272.52 77.61 77.50

Competitive Comparison of Frequency Exchange's Days Inventory

For the Medical Devices subindustry, Frequency Exchange'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.


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

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

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



Frequency Exchange Days Inventory Calculation

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

Frequency Exchange's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0.201) / 1 ) / 0.264*365
=0.201 / 0.264*365
=277.90

Frequency Exchange'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
=( (0.066 + 0.058) / 2 ) / 0.073*365 / 4
=0.062 / 0.073*365 / 4
=77.50

* 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.


Frequency Exchange  (TSXV:FREQ) 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.

Frequency Exchange'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.

Frequency Exchange'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.


Frequency Exchange Days Inventory Related Terms

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


Frequency Exchange Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2050, PO Box 11121, Vancouver, BC, CAN, V6E 3P3
Frequency Exchange Corp is focused on the development and global commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement.
Executives
Stephen Davis 10% Security Holder, Director, Senior Officer
Keith Pyne Director
Hari Varshney Director, Senior Officer