Healthy Extracts (Healthy Extracts) Days Inventory : 1,397.10 (As of Dec. 2023)

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What is Healthy Extracts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Healthy Extracts's Average Total Inventories for the three months ended in Dec. 2023 was $1.58 Mil. Healthy Extracts's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.10 Mil. Hence, Healthy Extracts's Days Inventory for the three months ended in Dec. 2023 was 1,397.10.

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

HYEX' s Days Inventory Range Over the Past 10 Years
Min: 319.38 Med: 784.19 Max: 3504
Current: 683.7

During the past 10 years, Healthy Extracts's highest Days Inventory was 3504.00. The lowest was 319.38. And the median was 784.19.

HYEX's Days Inventory is ranked worse than
96.39% of 970 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs HYEX: 683.70

Healthy Extracts's Days Inventory increased from Dec. 2022 (351.73) to Dec. 2023 (1,397.10). It might indicate that Healthy Extracts's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Healthy Extracts's Inventory Turnover for the three months ended in Dec. 2023 was 0.07.

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. Healthy Extracts's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.36.

Healthy Extracts Days Inventory Historical Data

The historical data trend for Healthy Extracts'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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Healthy Extracts Days Inventory Chart

Healthy Extracts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,073.41

541.01

813.26

784.19

727.68

Healthy Extracts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															351.73	470.19	469.65	1,128.56	1,397.10

Competitive Comparison of Healthy Extracts's Days Inventory

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

Healthy Extracts's Days Inventory Distribution in the Drug Manufacturers Industry

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

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

Healthy Extracts Days Inventory Calculation

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

Healthy Extracts's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.819	+	1.626)	/	2 )	/	0.864	*	365
=	1.7225					/	0.864	*	365
=	727.68

Healthy Extracts's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.528	+	1.626)	/	2 )	/	0.103	*	365 / 4
=	1.577					/	0.103	*	365 / 4
=	1,397.10

Healthy Extracts (OTCPK:HYEX) 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.

Healthy Extracts's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.103	/	1.577
	=	0.07

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.

Healthy Extracts's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.577	/	0.669
	=	2.36

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.

Healthy Extracts Days Inventory Related Terms

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

Healthy Extracts (Healthy Extracts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Healthy Extracts Inc (OTCPK:HYEX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7375 Commercial Way, Suite 125, Henderson, NV, USA, 89011

Website

https://www.healthyextractsinc.com

Healthy Extracts Inc through its subsidiaries is engaged in proprietary research and development of natural plant-based formulations, manufacturing, sales, and distribution of cardiovascular and neuro products that provide natural brain solutions. The company also provides superfruit supplements to support overall cholesterol and cardiovascular health. Its products are distributed in the United States and Mexico. The company's operating segment includes Health Supplements and Corporate. It generates maximum revenue from the Health Supplements segment.

Executives

Robert Michael Madden	officer: Chief Financial Officer	5269 SOUTH ALVERA CIR, SALT LAKE CITY UT 84117
Croyle William Russell Jr	director	1 SILVERMOUND, LITTLETON CO 80127
Kevin Pitts	10 percent owner, officer: President	3664 CHRISTY RIDGE RD., SEDALIA CO 80135
Sanjeevkumar Ratanshi Javia	director, officer: President	7161 E. RANCHO VISTA DRIVE, SUITE 3008, SCOTTSDALE AZ 85251
Patrick Stiles	director, 10 percent owner, officer: President, CEO	10300 W. CHARLESTON, LAS VEGAS NV 89135
Joseph Nejman	director, 10 percent owner, officer: President	555 BRYANT ST., SUITE 555, PALO ALTO CA 94301
William C Bossung	director, 10 percent owner, officer: CFO and Secretary	10300 W. CHARLESTON BLVD., STE. 13-378, LAS VEGAS NV 89135
Brian J Dunn	director, 10 percent owner	7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Fred Covely	director, 10 percent owner, officer: President and CEO	1508 GRANDVIEW RD., VISTA CA 92084