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CuraScientific (CuraScientific) Days Inventory : 36.88 (As of Sep. 2023)


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What is CuraScientific Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CuraScientific's Average Total Inventories for the three months ended in Sep. 2023 was $0.05 Mil. CuraScientific's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.12 Mil. Hence, CuraScientific's Days Inventory for the three months ended in Sep. 2023 was 36.88.

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

CSTF' s Days Inventory Range Over the Past 10 Years
Min: 37.15   Med: 141.94   Max: 243.33
Current: 37.15

During the past 3 years, CuraScientific's highest Days Inventory was 243.33. The lowest was 37.15. And the median was 141.94.

CSTF's Days Inventory is ranked better than
96.19% of 972 companies
in the Drug Manufacturers industry
Industry Median: 157.72 vs CSTF: 37.15

CuraScientific's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (36.88). It might indicate that CuraScientific's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CuraScientific's Inventory Turnover for the three months ended in Sep. 2023 was 2.47.

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. CuraScientific's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.21.


CuraScientific Days Inventory Historical Data

The historical data trend for CuraScientific'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.

CuraScientific Days Inventory Chart

CuraScientific Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
141.94 88.31 243.33

CuraScientific Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 16.46 36.88

Competitive Comparison of CuraScientific's Days Inventory

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


CuraScientific's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



CuraScientific Days Inventory Calculation

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

CuraScientific'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
=( (0.008 + 0) / 1 ) / 0.012*365
=0.008 / 0.012*365
=243.33

CuraScientific'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
=( (0.052 + 0.045) / 2 ) / 0.12*365 / 4
=0.0485 / 0.12*365 / 4
=36.88

* 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.


CuraScientific  (OTCPK:CSTF) 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.

CuraScientific's Inventory Turnover for the three months ended in Sep. 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.

CuraScientific's Inventory to Revenue for the three months ended in Sep. 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.


CuraScientific Days Inventory Related Terms

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


CuraScientific (CuraScientific) Business Description

Traded in Other Exchanges
N/A
Address
51544 Cesar Chavez Street, Suite No. 1J, Coachella, CA, USA, 92236
CuraScientific Corp manufactures commercial chemicals with a variety of commercial sterilization applications for agriculture, warehousing, hospitality, and medical facilities. The company's product, DiOx+, is a disinfectant sterilizer that kills harmful pathogens without exposing people or the environment to dangerous toxins.
Executives
Paul Quentin Goyette director 2205 LOCH WAY, EL DORADO HILLS CA 95762
William Joseph Reed director, officer: Chief Executive Officer 333 N UNIVERSITY AVE., #33, REDLANDS CA 92374
Johann Loewen director C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Edouard Maurice Beaudette director 13480 N BLOOMFIELD ROAD, NEVADA CITY CA 95959
Justin Michael Gonzalez director, officer: Chief Executive Officer 15723 LAKE VERA PURDON RD., NEVADA CITY CA 95959
Eric Jason Watson director, officer: Chief Operating Officer 19553 BOWERS DRIVE, TOPANGA CA 90290

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