Days Inventory is also known as Days Sales of Inventory (DSI). Fuse Medical's Average Total Inventories for the
three
months ended in Jun. 2023 was $9.09 Mil. Fuse Medical's Cost of Goods Sold for the
three
months ended in Jun. 2023 was $1.53 Mil.
Hence, Fuse Medical's Days Inventory for the
three
months ended in Jun. 2023 was 542.87.
The historical rank and industry rank for Fuse Medical's Days Inventory or its related term are showing as below:
FZMD'
s Days Inventory Range Over the Past 10 Years
Min: 58.18 Med: 295.18 Max: 530.54
Current: 530.54
During the past 13 years, Fuse Medical's highest Days Inventory was 530.54. The lowest was 58.18. And the median was 295.18.
FZMD's Days Inventory is ranked worse than 88.03% of 777
companies
in the Medical Devices & Instruments industry
Industry Median: 193.31
vs FZMD: 530.54
Fuse Medical's Days Inventory
increased
from Jun. 2022 (418.93) to Jun. 2023 (542.87).
It might indicate that Fuse Medical'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.
Fuse Medical's Inventory Turnover for the
three
months ended in Jun. 2023 was 0.17.
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.
Fuse Medical's Inventory-to-Revenue for the
three
months ended in Jun. 2023 was 1.82.
Fuse Medical Days Inventory Historical Data
The historical data trend for Fuse 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 Fuse Medical's Days Inventory
For the Medical Devices subindustry, Fuse 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.
Fuse Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Fuse Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fuse Medical's Days Inventory falls into.
Fuse Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fuse Medical's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Fuse Medical (OTCPK:FZMD) 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.
Fuse Medical's Inventory Turnover for the
three
months ended in Jun. 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.
Fuse Medical's Inventory to Revenue for the
three
months ended in Jun. 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.
Fuse Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of Fuse Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fuse Medical Inc is a manufacturer and distributor of medical devices. The company provides a comprehensive portfolio of products in the orthopedic total joints, sports medicine, trauma, foot and ankle space, as well as degenerative and deformity spine, orthobiologics, and regenerative medicine.
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