WHSI (Wearable Health Solutions) Days Inventory: 7.70 (As of Dec. 2023)

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What is Wearable Health Solutions Days Inventory?

Wearable Health Solutions WHSI Days Inventory is 7.70 as of Dec. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Wearable Health Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $0.01 Mil. Wearable Health Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.08 Mil. Hence, Wearable Health Solutions's Days Inventory for the three months ended in Dec. 2023 was 7.70.

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

WHSI's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.6
* Ranked among companies with meaningful Days Inventory only.

Wearable Health Solutions's Days Inventory declined from Dec. 2022 (48.39) to Dec. 2023 (7.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wearable Health Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 11.86.

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. Wearable Health Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Wearable Health Solutions  (OTCPK:WHSI) 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.

Wearable Health Solutions's Inventory Turnover for the three months ended in Dec. 2023 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.

Wearable Health Solutions's Inventory to Revenue for the three months ended in Dec. 2023 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.


Wearable Health Solutions Days Inventory Related Terms


Wearable Health Solutions Days Inventory Historical Data

* Premium members only.

The historical data trend for Wearable Health Solutions'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.

Wearable Health Solutions Days Inventory Chart

Wearable Health Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.02 3.88 0.00 4.49 6.12

Wearable Health Solutions 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 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 48.39 32.78 15.58 16.43 7.70

WHSI vs SNAL, GDEV, GRVY: Days Inventory Comparison

For the Medical Instruments & Supplies subindustry, Wearable Health Solutions'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.


Wearable Health Solutions Days Inventory vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Wearable Health Solutions's Days Inventory falls into.



Wearable Health Solutions Days Inventory Calculation

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

Wearable Health Solutions's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.007 + 0.009) / 2 ) / 0.477*365
=0.008 / 0.477*365
=6.12

Wearable Health Solutions'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
=( (0.009 + 0.005) / 2 ) / 0.083*365 / 4
=0.007 / 0.083*365 / 4
=7.70

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 7.70 mean?
Wearable Health Solutions (WHSI) has a Days Inventory of 7.70 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Wearable Health Solutions and its competitors.
Is Wearable Health Solutions' Days Inventory too high?
Wearable Health Solutions' current Days Inventory is 7.70. The Medical Devices & Instruments industry median Days Inventory is 179.60. Wearable Health Solutions' value of 7.70 is 95.7% below this industry median.
How does Wearable Health Solutions' Days Inventory compare to SNAL and GDEV?
Wearable Health Solutions' Days Inventory of 7.70 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.60. Wearable Health Solutions' value of 7.70 is 95.7% below this benchmark. 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 179.60, based on 786 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. Wearable Health Solutions's current Days Inventory of 7.70 is 95.7% below 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 Wearable Health Solutions and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wearable Health Solutions's current Days Inventory is 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wearable Health Solutions stock overvalued right now?
Wearable Health Solutions (WHSI) has a current Days Inventory of 7.70. The current Days Inventory is 7.70 and 95.7% below the Medical Devices & Instruments industry median of 179.60. 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 Wearable Health Solutions (WHSI), the current Days Inventory is 7.70 as of Dec. 2023. 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.

Wearable Health Solutions Business Description

Address 2901 Pacific Coast Highway, Suite 200, Newport Beach, CA, USA, 92663
Wearable Health Solutions Inc is engaged in manufacturing medical alarm devices which are used to summon help in the event of an emergency. The company provides mobile health (mHealth) products and services to be used by customers in case of an emergency. As a provider of personal emergency devices, it provides wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected.