NeutriSci International (NeutriSci International) Days Inventory : 958.13 (As of Sep. 2023)

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What is NeutriSci International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NeutriSci International's Average Total Inventories for the three months ended in Sep. 2023 was $0.01 Mil. NeutriSci International's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Hence, NeutriSci International's Days Inventory for the three months ended in Sep. 2023 was 958.13.

The historical rank and industry rank for NeutriSci International's Days Inventory or its related term are showing as below:

NRXCF' s Days Inventory Range Over the Past 10 Years
Min: 146 Med: 651.96 Max: 1390.15
Current: 146

During the past 13 years, NeutriSci International's highest Days Inventory was 1390.15. The lowest was 146.00. And the median was 651.96.

NRXCF's Days Inventory is ranked better than
55.67% of 970 companies
in the Drug Manufacturers industry
Industry Median: 160.6 vs NRXCF: 146.00

NeutriSci International's Days Inventory declined from Sep. 2022 (1,633.38) to Sep. 2023 (958.13).

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. NeutriSci International's Inventory Turnover for the three months ended in Sep. 2023 was 0.10.

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. NeutriSci International's Inventory-to-Revenue for the three months ended in Sep. 2023 was 5.25.

NeutriSci International Days Inventory Historical Data

The historical data trend for NeutriSci International'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.

NeutriSci International Days Inventory Chart

NeutriSci International Annual Data

Trend

Mar13

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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414.49

882.08

1,351.64

1,386.08

196.84

NeutriSci International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															1,633.38	72.12	958.13	-	958.13

Competitive Comparison of NeutriSci International's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, NeutriSci International'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.

NeutriSci International's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, NeutriSci International's Days Inventory distribution charts can be found below:

* The bar in red indicates where NeutriSci International's Days Inventory falls into.

NeutriSci International Days Inventory Calculation

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

NeutriSci International's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.387	+	0.011)	/	2 )	/	0.369	*	365
=	0.199					/	0.369	*	365
=	196.84

NeutriSci International's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.011	+	0.01)	/	2 )	/	0.001	*	365 / 4
=	0.0105					/	0.001	*	365 / 4
=	958.13

NeutriSci International (OTCPK:NRXCF) 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.

NeutriSci International's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.001	/	0.0105
	=	0.10

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.

NeutriSci International's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0105	/	0.002
	=	5.25

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.

NeutriSci International Days Inventory Related Terms

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

NeutriSci International (NeutriSci International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » NeutriSci International Inc (OTCPK:NRXCF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1N9:Germany NU:Canada

Address

1600 - 609 Granville Street, Vancouver, AB, CAN, V7Y 1C3

Website

https://www.neutrisci.com

NeutriSci International Inc is a Canada-based company engaged in the market development of nutraceutical products. The company's revenue consists of sales of the Neueenergy product line.