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PharmChem (PharmChem) Days Inventory : 50.89 (As of Sep. 2023)


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What is PharmChem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PharmChem's Average Total Inventories for the three months ended in Sep. 2023 was $0.30 Mil. PharmChem's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.53 Mil. Hence, PharmChem's Days Inventory for the three months ended in Sep. 2023 was 50.89.

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

PCHM' s Days Inventory Range Over the Past 10 Years
Min: 15.6   Med: 23.45   Max: 203.54
Current: 203.54

During the past 13 years, PharmChem's highest Days Inventory was 203.54. The lowest was 15.60. And the median was 23.45.

PCHM's Days Inventory is ranked worse than
86.24% of 189 companies
in the Medical Diagnostics & Research industry
Industry Median: 65.4 vs PCHM: 203.54

PharmChem's Days Inventory increased from Mar. 2003 (21.99) to Sep. 2023 (50.89). It might indicate that PharmChem's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. PharmChem's Inventory Turnover for the three months ended in Sep. 2023 was 1.79.

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. PharmChem's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.19.


PharmChem Days Inventory Historical Data

The historical data trend for PharmChem'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.

PharmChem Days Inventory Chart

PharmChem Annual Data
Trend Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.92 19.98 24.37 24.24 27.58

PharmChem Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Sep22 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.99 18.16 17.55 179.73 50.89

Competitive Comparison of PharmChem's Days Inventory

For the Diagnostics & Research subindustry, PharmChem'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.


PharmChem's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, PharmChem's Days Inventory distribution charts can be found below:

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



PharmChem Days Inventory Calculation

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

PharmChem's Days Inventory for the fiscal year that ended in Dec. 2002 is calculated as

Days Inventory (A: Dec. 2002 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2001 ) + Total Inventories (A: Dec. 2002 )) / count ) / Cost of Goods Sold (A: Dec. 2002 )*Days in Period
=( (2.16 + 1.318) / 2 ) / 23.013*365
=1.739 / 23.013*365
=27.58

PharmChem'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: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.295) / 1 ) / 0.529*365 / 4
=0.295 / 0.529*365 / 4
=50.89

* 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.


PharmChem  (OTCPK:PCHM) 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.

PharmChem'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.

PharmChem'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.


PharmChem Days Inventory Related Terms

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


PharmChem (PharmChem) Business Description

Traded in Other Exchanges
N/A
Address
2411 E. Loop 820 N, Fort Worth, TX, USA, 76118
PharmChem Inc is engaged in selling and distributing of the PharmChek Sweat Patch Device. PharmChek is a system that uses sweat to detect the presence of illegal drugs. It consists of a transparent polyurethane outer covering, a small absorbent pad, and a release liner. Geographically the activities are carried out throughout the United States.
Executives
Alto Investors Palo 10 percent owner 470 UNIVERSITY AVENUE, PALO ALTO CA 94301
Micro Cap Partners Lp 10 percent owner

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