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Zero Gravity Solutions (Zero Gravity Solutions) Days Inventory : 3,330.63 (As of Sep. 2019)


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What is Zero Gravity Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zero Gravity Solutions's Average Total Inventories for the three months ended in Sep. 2019 was $0.04 Mil. Zero Gravity Solutions's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.00 Mil. Hence, Zero Gravity Solutions's Days Inventory for the three months ended in Sep. 2019 was 3,330.63.

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

ZGSI's Days Inventory is not ranked *
in the Agriculture industry.
Industry Median: 110.075
* Ranked among companies with meaningful Days Inventory only.

Zero Gravity Solutions's Days Inventory increased from Sep. 2018 (2,144.38) to Sep. 2019 (3,330.63). It might indicate that Zero Gravity Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zero Gravity Solutions's Inventory Turnover for the three months ended in Sep. 2019 was 0.03.

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. Zero Gravity Solutions's Inventory-to-Revenue for the three months ended in Sep. 2019 was 2.28.


Zero Gravity Solutions Days Inventory Historical Data

The historical data trend for Zero Gravity 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.

* Premium members only.

Zero Gravity Solutions Days Inventory Chart

Zero Gravity Solutions Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial 3,467.50 356.31 196.81 1,431.92 784.75

Zero Gravity Solutions Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 2,144.38 247.48 386.97 1,155.83 3,330.63

Competitive Comparison of Zero Gravity Solutions's Days Inventory

For the Agricultural Inputs subindustry, Zero Gravity 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.


Zero Gravity Solutions's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zero Gravity Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zero Gravity Solutions's Days Inventory falls into.



Zero Gravity Solutions Days Inventory Calculation

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

Zero Gravity Solutions's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.069 + 0.103) / 2 ) / 0.04*365
=0.086 / 0.04*365
=784.75

Zero Gravity Solutions's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

Days Inventory (Q: Sep. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0.026 + 0.047) / 2 ) / 0.001*365 / 4
=0.0365 / 0.001*365 / 4
=3,330.63

* 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.


Zero Gravity Solutions  (OTCPK:ZGSI) 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.

Zero Gravity Solutions's Inventory Turnover for the three months ended in Sep. 2019 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.

Zero Gravity Solutions's Inventory to Revenue for the three months ended in Sep. 2019 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.


Zero Gravity Solutions Days Inventory Related Terms

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


Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Traded in Other Exchanges
N/A
Address
190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431
Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.
Executives
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle director 6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams director 2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye director, officer: Chairman 190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

Zero Gravity Solutions (Zero Gravity Solutions) Headlines

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