Premier Health Of America (TSXV:PHA) Days Inventory : 0.00 (As of Dec. 2023)

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What is Premier Health Of America Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Premier Health Of America's Average Total Inventories for the three months ended in Dec. 2023 was C$0.0 Mil. Premier Health Of America's Cost of Goods Sold for the three months ended in Dec. 2023 was C$29.3 Mil. Hence, Premier Health Of America's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Premier Health Of America's Days Inventory or its related term are showing as below:

TSXV:PHA's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 32.575
* Ranked among companies with meaningful Days Inventory only.

Premier Health Of America's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Premier Health Of America's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Premier Health Of America Days Inventory Historical Data

The historical data trend for Premier Health Of America'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.

Premier Health Of America Days Inventory Chart

Premier Health Of America Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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Premier Health Of America Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Premier Health Of America's Days Inventory

For the Medical Care Facilities subindustry, Premier Health Of America'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.

Premier Health Of America's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Premier Health Of America's Days Inventory distribution charts can be found below:

* The bar in red indicates where Premier Health Of America's Days Inventory falls into.

Premier Health Of America Days Inventory Calculation

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

Premier Health Of America's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	67.045	*	365
=	0					/	67.045	*	365
=	0.00

Premier Health Of America's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	29.316	*	365 / 4
=	0					/	29.316	*	365 / 4
=	0.00

Premier Health Of America (TSXV:PHA) 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.

Premier Health Of America's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.316	/	0
	=

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.

Premier Health Of America's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	36.973
	=	0.00

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.

Premier Health Of America Days Inventory Related Terms

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

Premier Health Of America (TSXV:PHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Premier Health Of America Inc (TSXV:PHA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1114 boul. Cure-Labelle, Suite 1, Blainville, QC, CAN, J7C 2M9

Website

https://www.premiersoin.ca

Premier Health Of America Inc is a Canadian Healthtech company that provides a comprehensive range of staffing and outsourced services solutions for healthcare needs to governments, corporations, and individuals. The company uses its proprietary platform to lead the healthcare services sector digital transformation to provide patients with faster, cheaper and more accessible care services.

Executives

Guy D'aoust

Senior Officer