Days Inventory is also known as Days Sales of Inventory (DSI). Econavista's Average Total Inventories for the
three
months ended in Jan. 2024 was 円317.2 Mil. Econavista's Cost of Goods Sold for the
three
months ended in Jan. 2024 was 円111.0 Mil.
Hence, Econavista's Days Inventory for the
three
months ended in Jan. 2024 was 260.84.
The historical rank and industry rank for Econavista's Days Inventory or its related term are showing as below:
TSE:5585'
s Days Inventory Range Over the Past 10 Years
Min: 65.38 Med: 168.84 Max: 433.54
Current: 433.54
During the past 3 years, Econavista's highest Days Inventory was 433.54. The lowest was 65.38. And the median was 168.84.
TSE:5585's Days Inventory is ranked worse than 97.85% of 466
companies
in the Healthcare Providers & Services industry
Industry Median: 31.42
vs TSE:5585: 433.54
Econavista's Days Inventory
increased
from Oct. 2022 (0.00) to Jan. 2024 (260.84).
It might indicate that Econavista'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.
Econavista's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.35.
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.
Econavista's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.91.
Econavista Days Inventory Historical Data
The historical data trend for Econavista'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 Econavista's Days Inventory
For the Health Information Services subindustry, Econavista'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.
Econavista's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Econavista's Days Inventory distribution charts can be found below:
* The bar in red indicates where Econavista's Days Inventory falls into.
Econavista Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Econavista's Days Inventory for the fiscal year that ended in Oct. 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.
Econavista (TSE:5585) 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.
Econavista's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Econavista's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Econavista Days Inventory Related Terms
Thank you for viewing the detailed overview of Econavista's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.
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