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Nexia Health Technologies (TSXV:NGH.H) Days Inventory : 0.00 (As of Dec. 2019)


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What is Nexia Health Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nexia Health Technologies's Average Total Inventories for the three months ended in Dec. 2019 was C$0.00 Mil. Nexia Health Technologies's Cost of Goods Sold for the three months ended in Dec. 2019 was C$0.00 Mil.

The historical rank and industry rank for Nexia Health Technologies's Days Inventory or its related term are showing as below:

TSXV:NGH.H's Days Inventory is not ranked *
in the Conglomerates industry.
Industry Median: 75.05
* Ranked among companies with meaningful Days Inventory only.

Nexia Health Technologies's Days Inventory stayed the same from Dec. 2018 (0.00) to Dec. 2019 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Nexia Health Technologies Days Inventory Historical Data

The historical data trend for Nexia Health Technologies'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.

Nexia Health Technologies Days Inventory Chart

Nexia Health Technologies Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Inventory
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Nexia Health Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Nexia Health Technologies's Days Inventory

For the Conglomerates subindustry, Nexia Health Technologies'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.


Nexia Health Technologies's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nexia Health Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nexia Health Technologies's Days Inventory falls into.



Nexia Health Technologies Days Inventory Calculation

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

Nexia Health Technologies's Days Inventory for the fiscal year that ended in Mar. 2019 is calculated as

Days Inventory (A: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2018 ) + Total Inventories (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Nexia Health Technologies's Days Inventory for the quarter that ended in Dec. 2019 is calculated as:

Days Inventory (Q: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Nexia Health Technologies  (TSXV:NGH.H) 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.

Nexia Health Technologies's Inventory Turnover for the three months ended in Dec. 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.

Nexia Health Technologies's Inventory to Revenue for the three months ended in Dec. 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.


Nexia Health Technologies Days Inventory Related Terms

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


Nexia Health Technologies (TSXV:NGH.H) Business Description

Traded in Other Exchanges
N/A
Address
15 Allstate Parkway, 6th Floor, Markham, ON, CAN, L3R5B4
Nexia Health Technologies Inc engaged in the development, sale, and support of application software and related services to customers in the healthcare industry in Canada and the United States. The company is engaged in the licensing and sale of its intellectual property. It provides Healthcare Technology solutions, which involves Cloud, Clearinghouse, eForms designer and Mobile application designer. The company generates revenue by selling monthly utilization of its application software and by selling perpetual licenses of the company's application software and related support and maintenance. The company discontinued all its operation.

Nexia Health Technologies (TSXV:NGH.H) Headlines

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