Relevium Technologies (TSXV:RLV.H) Days Inventory : 2.93 (As of Mar. 2022)

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What is Relevium Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Relevium Technologies's Average Total Inventories for the three months ended in Mar. 2022 was C$0.04 Mil. Relevium Technologies's Cost of Goods Sold for the three months ended in Mar. 2022 was C$1.19 Mil. Hence, Relevium Technologies's Days Inventory for the three months ended in Mar. 2022 was 2.93.

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

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

Relevium Technologies's Days Inventory declined from Sep. 2020 (67.13) to Mar. 2022 (2.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Relevium Technologies's Inventory Turnover for the three months ended in Mar. 2022 was 31.18.

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. Relevium Technologies's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.02.

Relevium Technologies Days Inventory Historical Data

The historical data trend for Relevium Technologies'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.

Relevium Technologies Days Inventory Chart

Relevium Technologies Annual Data

Trend

Dec12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Days Inventory

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67.82

88.90

70.23

60.23

Relevium Technologies Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Mar22
Days Inventory	Get a 7-Day Free Trial															67.13	301.45	162.63	26.19	2.93

Competitive Comparison of Relevium Technologies's Days Inventory

For the Pharmaceutical Retailers subindustry, Relevium Technologies'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.

Relevium Technologies's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Relevium Technologies's Days Inventory distribution charts can be found below:

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

Relevium Technologies Days Inventory Calculation

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

Relevium Technologies's Days Inventory for the fiscal year that ended in Jun. 2021 is calculated as

	Days Inventory (A: Jun. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2020 )	+	Total Inventories (A: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2021 )	*	Days in Period
=	( (0.126	+	0.039)	/	2 )	/	0.5	*	365
=	0.0825					/	0.5	*	365
=	60.23

Relevium Technologies's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

	Days Inventory (Q: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (0.039	+	0.037)	/	2 )	/	1.185	*	365 / 4
=	0.038					/	1.185	*	365 / 4
=	2.93

Relevium Technologies (TSXV:RLV.H) 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.

Relevium Technologies's Inventory Turnover for the three months ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.185	/	0.038
	=	31.18

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.

Relevium Technologies's Inventory to Revenue for the three months ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.038	/	2.415
	=	0.02

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.

Relevium Technologies Days Inventory Related Terms

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

Relevium Technologies (TSXV:RLV.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Relevium Technologies Inc (TSXV:RLV.H) » Definitions » Days Inventory

Comparable Companies

TSXV:LOTA WAR:TGS NEOE:TREE XCNQ:IWIN BOM:513430 HEWA HKSE:02211 TSXV:KO SSY BOM:501477

Traded in Other Exchanges

N/A

Address

1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A 3G4

Website

https://www.releviumtechnologies.com

Relevium Technologies Inc is a Canada based company operates in the health and wellness industry with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition, and operations of brands and businesses in the health and wellness markets including medical cannabis. Its operating segment includes Consumer Packaged Goods (CPG); Pediatric Biopharma and Corporate. The company generates maximum revenue from Consumer Packaged Goods segment.

Relevium Technologies (TSXV:RLV.H) Headlines

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