Therma BrightTSXV:THRM Days Inventory is 756.07 as of Apr. 2026, which is 66% below its 10-year median of 2,219.20. The stock has 5 warning signs investors should review. Among 785 Medical Devices & Instruments companies, Therma Bright ranks worse than 96.94% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Therma Bright's Average Total Inventories for the
three
months ended in Apr. 2026 was C$0.12 Mil. Therma Bright's Cost of Goods Sold for the
three
months ended in Apr. 2026 was C$0.01 Mil.
Hence, Therma Bright's Days Inventory for the
three
months ended in Apr. 2026 was 756.07.
The historical rank and industry rank for Therma Bright's Days Inventory or its related term are showing as below:
TSXV:THRM'
s Days Inventory Range Over the Past 10 Years
Min: 537.89 Med: 2219.2 Max: 62962.5
Current: 1204.5
During the past 13 years, Therma Bright's highest Days Inventory was 62962.50. The lowest was 537.89. And the median was 2219.20.
TSXV:THRM's Days Inventory is ranked worse than 96.94% of 785
companies
in the Medical Devices & Instruments industry
Industry Median: 179.47
vs TSXV:THRM: 1204.50
Therma Bright's Days Inventory
increased
from Apr. 2025 (0.00) to Apr. 2026 (756.07).
It might indicate that Therma Bright'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.
Therma Bright's Inventory Turnover for the
three
months ended in Apr. 2026 was 0.12.
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.
Therma Bright's Inventory-to-Revenue for the
three
months ended in Apr. 2026 was 1.66.
Therma Bright (TSXV:THRM) 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.
Therma Bright's Inventory Turnover for the
three
months ended in Apr. 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.
Therma Bright's Inventory to Revenue for the
three
months ended in Apr. 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.
Therma Bright Days Inventory Related Terms
Therma Bright Days Inventory Historical Data
* Premium members only.
The historical data trend for Therma Bright'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.
TSXV:THRM vs ABT, SYK, MDT: Days Inventory Comparison
For the Medical Devices subindustry, Therma Bright'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.
Therma Bright Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Therma Bright's Days Inventory distribution charts can be found below:
* The bar in red indicates where Therma Bright's Days Inventory falls into.
* 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.
Therma Bright (TSXV:THRM) has a Days Inventory of 756.07 as of Apr. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Therma Bright and its competitors. This is 66% below median its historical median of 2,219.20. Over the past decade, Therma Bright's Days Inventory has ranged from 537.89 to 62,962.50. According to the industry distribution chart, Therma Bright ranks #761 out of 785 companies in the Medical Devices & Instruments industry, placing it in the top 96.9%.
Is Therma Bright's Days Inventory too high?
Therma Bright's current Days Inventory of 756.07 is 66% below median its 10-year median of 2,219.20. Over the past 10 years, this metric has ranged from a low of 537.89 to a high of 62,962.50. The Medical Devices & Instruments industry median Days Inventory is 179.47. Therma Bright's value of 756.07 is 321.3% above this industry median. Based on the distribution chart, Therma Bright ranks #761 out of 785 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Therma Bright's Days Inventory compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Therma Bright ranks #761 out of 785 companies for Days Inventory. This places Therma Bright in the lower half of its industry. The industry median Days Inventory is 179.47. Therma Bright's value of 756.07 is 321.3% above this benchmark. Historically, Therma Bright's own Days Inventory has ranged from 537.89 to 62,962.50 over the past decade. While the company's 10-year median is 2,219.20 vs. the industry median of 179.47, Therma Bright 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 179.47, based on 785 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. Therma Bright's current Days Inventory of 756.07 is 321.3% 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 Therma Bright and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Therma Bright's current Days Inventory is 756.07, which is 66% below median its own 10-year median of 2,219.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Therma Bright stock overvalued right now?
Therma Bright (TSXV:THRM) has a current Days Inventory of 756.07. The current Days Inventory is 756.07, which is 66% below median its 10-year median of 2,219.20 and 321.3% above the Medical Devices & Instruments industry median of 179.47. 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 Therma Bright (TSXV:THRM), the current Days Inventory is 756.07 as of Apr. 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.
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.
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