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Imaging Dynamics Co (TSXV:IDL) Days Inventory : 410.63 (As of Mar. 2024)


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What is Imaging Dynamics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Imaging Dynamics Co's Average Total Inventories for the three months ended in Mar. 2024 was C$0.02 Mil. Imaging Dynamics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil. Hence, Imaging Dynamics Co's Days Inventory for the three months ended in Mar. 2024 was 410.63.

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

TSXV:IDL' s Days Inventory Range Over the Past 10 Years
Min: 90.72   Med: 210.97   Max: 1453.35
Current: 146

During the past 13 years, Imaging Dynamics Co's highest Days Inventory was 1453.35. The lowest was 90.72. And the median was 210.97.

TSXV:IDL's Days Inventory is ranked better than
66.71% of 772 companies
in the Medical Devices & Instruments industry
Industry Median: 193.045 vs TSXV:IDL: 146.00

Imaging Dynamics Co's Days Inventory increased from Mar. 2023 (199.61) to Mar. 2024 (410.63). It might indicate that Imaging Dynamics Co'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. Imaging Dynamics Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.22.

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. Imaging Dynamics Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.06.


Imaging Dynamics Co Days Inventory Historical Data

The historical data trend for Imaging Dynamics Co'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.

Imaging Dynamics Co Days Inventory Chart

Imaging Dynamics Co 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 388.33 357.91 164.39 110.61 120.58

Imaging Dynamics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 199.61 207.85 2,098.75 54.50 410.63

Competitive Comparison of Imaging Dynamics Co's Days Inventory

For the Medical Devices subindustry, Imaging Dynamics Co'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.


Imaging Dynamics Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Imaging Dynamics Co's Days Inventory falls into.



Imaging Dynamics Co Days Inventory Calculation

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

Imaging Dynamics Co'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
=( (0.017 + 0.02) / 2 ) / 0.056*365
=0.0185 / 0.056*365
=120.58

Imaging Dynamics Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.02 + 0.016) / 2 ) / 0.004*365 / 4
=0.018 / 0.004*365 / 4
=410.63

* 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.


Imaging Dynamics Co  (TSXV:IDL) 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.

Imaging Dynamics Co's Inventory Turnover for the three months ended in Mar. 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.

Imaging Dynamics Co's Inventory to Revenue for the three months ended in Mar. 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.


Imaging Dynamics Co Days Inventory Related Terms

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


Imaging Dynamics Co (TSXV:IDL) Business Description

Traded in Other Exchanges
N/A
Address
110 Macintosh Boulevard, Unit 2, Concord, ON, CAN, L4K 4P3
Imaging Dynamics Co Ltd is engaged in the sale of medical imaging devices. Its products include 1600Plus X-series, Veterinary DR System, Magellan medical image processing software, Sirius Veterinary image processing software, CCD technology, Aquarius 8600, and VetnovaXion DR series. It sells mainly through dealers, distributors, and OEM partners. The company has sales in two sales geographic areas within one operating segment consisting of the Americas and outside of the Americas.

Imaging Dynamics Co (TSXV:IDL) Headlines

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