Days Inventory is also known as Days Sales of Inventory (DSI). Apyx Medical's Average Total Inventories for the
three
months ended in Dec. 2023 was $10.60 Mil. Apyx Medical's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $5.73 Mil.
Hence, Apyx Medical's Days Inventory for the
three
months ended in Dec. 2023 was 168.78.
The historical rank and industry rank for Apyx Medical's Days Inventory or its related term are showing as below:
APYX'
s Days Inventory Range Over the Past 10 Years
Min: 125.7 Med: 188.61 Max: 597.08
Current: 216.44
During the past 13 years, Apyx Medical's highest Days Inventory was 597.08. The lowest was 125.70. And the median was 188.61.
APYX's Days Inventory is ranked worse than 57.53% of 777
companies
in the Medical Devices & Instruments industry
Industry Median: 190.88
vs APYX: 216.44
Apyx Medical's Days Inventory
declined
from Dec. 2022 (248.89) to Dec. 2023 (168.78).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Apyx Medical's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.54.
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.
Apyx Medical's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.72.
Apyx Medical Days Inventory Historical Data
The historical data trend for Apyx Medical'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.
Competitive Comparison of Apyx Medical's Days Inventory
For the Medical Devices subindustry, Apyx Medical'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.
Apyx Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Apyx Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Apyx Medical's Days Inventory falls into.
Apyx Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Apyx Medical's Days Inventory for the fiscal year that 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.
Apyx Medical (NAS:APYX) 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.
Apyx Medical'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.
Apyx Medical'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.
Apyx Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of Apyx Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing, and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. Its product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons, and cosmetic physicians the ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminates unintended tissue trauma. It operates in two segments namely: Advanced Energy and Original Equipment Manufacturing (OEM). Its Advanced Energy segment derives the majority of its revenue.
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