Endexx (Endexx) Days Inventory : 488.78 (As of Jun. 2023)

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What is Endexx Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Endexx's Average Total Inventories for the three months ended in Jun. 2023 was $0.62 Mil. Endexx's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.12 Mil. Hence, Endexx's Days Inventory for the three months ended in Jun. 2023 was 488.78.

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

EDXC' s Days Inventory Range Over the Past 10 Years
Min: 74.97 Med: 259.13 Max: 576.7
Current: 80.83

During the past 10 years, Endexx's highest Days Inventory was 576.70. The lowest was 74.97. And the median was 259.13.

EDXC's Days Inventory is ranked better than
83.81% of 970 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs EDXC: 80.83

Endexx's Days Inventory increased from Jun. 2022 (405.65) to Jun. 2023 (488.78). It might indicate that Endexx's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Endexx's Inventory Turnover for the three months ended in Jun. 2023 was 0.19.

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. Endexx's Inventory-to-Revenue for the three months ended in Jun. 2023 was 5.18.

Endexx Days Inventory Historical Data

The historical data trend for Endexx'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.

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Endexx Days Inventory Chart

Endexx Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Inventory

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74.97

151.95

536.67

372.52

328.11

Endexx Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial															405.65	195.60	192.31	25.73	488.78

Competitive Comparison of Endexx's Days Inventory

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

Endexx's Days Inventory Distribution in the Drug Manufacturers Industry

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

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

Endexx Days Inventory Calculation

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

Endexx's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

	Days Inventory (A: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (0.921	+	0.778)	/	2 )	/	0.945	*	365
=	0.8495					/	0.945	*	365
=	328.11

Endexx's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.645	+	0.587)	/	2 )	/	0.115	*	365 / 4
=	0.616					/	0.115	*	365 / 4
=	488.78

Endexx (OTCPK:EDXC) 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.

Endexx's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.115	/	0.616
	=	0.19

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.

Endexx's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.616	/	0.119
	=	5.18

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.

Endexx Days Inventory Related Terms

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

Endexx (Endexx) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Endexx Corp (OTCPK:EDXC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

38246 North Hazelwood Circle, Cave Creek, AZ, USA, 85331

Website

https://www.cbdunlimited.com

Endexx Corporation formerly known as CBD Unlimited Inc develops CBD-based products. It sells high-end, full-spectrum CBD oils, topicals, and pet products, to support the therapeutic relief of pain and inflammation for humans and pets, through its e-commerce site and other online and in-store retailers. Its product category includes Blesswell, Heritage Line, Topicals, Ingestibles, Maggie's Line, X-Line and Pets.