Volpara Health Technologies (ASX:VHT) Days Inventory : 0.00 (As of Sep. 2023)

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What is Volpara Health Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Volpara Health Technologies's Average Total Inventories for the six months ended in Sep. 2023 was A$0.00 Mil. Volpara Health Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was A$1.56 Mil. Hence, Volpara Health Technologies's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

During the past 7 years, Volpara Health Technologies's highest Days Inventory was 11.99. The lowest was 6.09. And the median was 8.64.

ASX:VHT's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 33.01
* Ranked among companies with meaningful Days Inventory only.

Volpara Health Technologies's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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. Volpara Health Technologies's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

Volpara Health Technologies Days Inventory Historical Data

The historical data trend for Volpara 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.

Volpara Health Technologies Days Inventory Chart

Volpara Health Technologies Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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9.62

8.88

11.99

8.40

Volpara Health Technologies Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial										9.03	8.32	-	-	-

Competitive Comparison of Volpara Health Technologies's Days Inventory

For the Health Information Services subindustry, Volpara 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.

Volpara Health Technologies's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Volpara Health Technologies's Days Inventory distribution charts can be found below:

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

Volpara Health Technologies Days Inventory Calculation

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

Volpara Health Technologies's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.474	*	365
=	0					/	2.474	*	365
=	0.00

Volpara Health Technologies'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.555	*	365 / 2
=	0					/	1.555	*	365 / 2
=	0.00

Volpara Health Technologies (ASX:VHT) 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.

Volpara Health Technologies's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.555	/	0
	=

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.

Volpara Health Technologies's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	18.431
	=	0.00

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.

Volpara Health Technologies Days Inventory Related Terms

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

Volpara Health Technologies (ASX:VHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Volpara Health Technologies Ltd (ASX:VHT) » Definitions » Days Inventory

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Traded in Other Exchanges

VPAHF:USA

Address

40 Mercer Street, Level 14–15, Wellington Central, Wellington, NZL, 6011

Website

https://www.volparahealth.com

Volpara Health Technologies Ltd is a New Zealand-based research, development, and manufacturing company. The business of the company operates through three product categories that include Capital Sales, Software Maintenance Agreements, and Software as a Service. It offers a breast imaging analytics platform that delivers real-time quality assurance and performance monitoring. It operates through the sale of a single suite of medical device software products.