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Reflect Scientific (Reflect Scientific) Days Inventory : 778.09 (As of Dec. 2023)


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What is Reflect Scientific Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reflect Scientific's Average Total Inventories for the three months ended in Dec. 2023 was $0.95 Mil. Reflect Scientific's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.11 Mil. Hence, Reflect Scientific's Days Inventory for the three months ended in Dec. 2023 was 778.09.

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

RSCF' s Days Inventory Range Over the Past 10 Years
Min: 111.3   Med: 180.47   Max: 667.03
Current: 666.35

During the past 13 years, Reflect Scientific's highest Days Inventory was 667.03. The lowest was 111.30. And the median was 180.47.

RSCF's Days Inventory is ranked worse than
92.54% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 189.73 vs RSCF: 666.35

Reflect Scientific's Days Inventory increased from Dec. 2022 (287.44) to Dec. 2023 (778.09). It might indicate that Reflect Scientific'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. Reflect Scientific's Inventory Turnover for the three months ended in Dec. 2023 was 0.12.

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. Reflect Scientific's Inventory-to-Revenue for the three months ended in Dec. 2023 was 5.01.


Reflect Scientific Days Inventory Historical Data

The historical data trend for Reflect Scientific'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.

Reflect Scientific Days Inventory Chart

Reflect Scientific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.84 117.81 219.45 315.49 667.03

Reflect Scientific Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 287.44 659.56 1,251.43 418.54 778.09

Competitive Comparison of Reflect Scientific's Days Inventory

For the Medical Instruments & Supplies subindustry, Reflect Scientific'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.


Reflect Scientific's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Reflect Scientific's Days Inventory distribution charts can be found below:

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



Reflect Scientific Days Inventory Calculation

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

Reflect Scientific'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
=( (0.797 + 0.972) / 2 ) / 0.484*365
=0.8845 / 0.484*365
=667.03

Reflect Scientific'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
=( (0.921 + 0.972) / 2 ) / 0.111*365 / 4
=0.9465 / 0.111*365 / 4
=778.09

* 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.


Reflect Scientific  (OTCPK:RSCF) 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.

Reflect Scientific's Inventory Turnover for the three months ended in Dec. 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.

Reflect Scientific's Inventory to Revenue for the three months ended in Dec. 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.


Reflect Scientific Days Inventory Related Terms

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


Reflect Scientific (Reflect Scientific) Business Description

Traded in Other Exchanges
N/A
Address
1266 South 1380 West, Orem, UT, USA, 84058
Reflect Scientific Inc is engaged in the manufacture and distribution of products targeted at the life science market. The company serves a varies array of customers including hospitals and diagnostic laboratories, pharmaceutical and biotech companies, universities, government and private sector research facilities, and chemical and industrial companies. The products of the company are Cryometrix Freezers which provides energy savings and other critically important benefits to cryo-storage customers in the Life Science related industries, and detectors that serve the analytical instrumentation sector of the Life Sciences market. The company sells its products in the biotechnology, pharmaceutical, and medical industries.
Executives
Kim Boyce director, 10 percent owner, officer: President 1266 SOUTH 1380 WEST, OREM UT 84058
Keith L Merrell officer: CFO 1240 MUELLER PARK ROAD, BOUNTIFUL UT 84010
William G Moon director 1266 SOUTH 1380 WEST, OREM UT 84058
David Scott Strate officer: CFO 1270 S 1380 W, OREM UT 84058
Kevin Cooksy officer: Secretary Treasurer 3161 GRANADA DRIVE, CAMERON PARK CA 95682
Craig Morrison director 975 NORTH TERRACE DRIVE, PROVO UT 84604
Thomas A Tait director, officer: Vice President 514 AMERICAS WAY #5556, BOX ELDER SD 57719