Days Inventory is also known as Days Sales of Inventory (DSI). Vycor Medical's Average Total Inventories for the
three
months ended in Mar. 2024 was $0.23 Mil. Vycor Medical's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $0.04 Mil.
Hence, Vycor Medical's Days Inventory for the
three
months ended in Mar. 2024 was 562.30.
The historical rank and industry rank for Vycor Medical's Days Inventory or its related term are showing as below:
VYCO'
s Days Inventory Range Over the Past 10 Years
Min: 336.06 Med: 546.72 Max: 699.95
Current: 533.57
During the past 13 years, Vycor Medical's highest Days Inventory was 699.95. The lowest was 336.06. And the median was 546.72.
VYCO's Days Inventory is ranked worse than 87.98% of 774
companies
in the Medical Devices & Instruments industry
Industry Median: 193.465
vs VYCO: 533.57
Vycor Medical's Days Inventory
declined
from Mar. 2023 (706.45) to Mar. 2024 (562.30).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Vycor Medical's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.16.
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.
Vycor Medical's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.68.
Vycor Medical Days Inventory Historical Data
The historical data trend for Vycor Medical'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.
Competitive Comparison of Vycor Medical's Days Inventory
For the Medical Devices subindustry, Vycor Medical'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.
Vycor Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Vycor Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vycor Medical's Days Inventory falls into.
Vycor Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vycor Medical's Days Inventory for the fiscal year that 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.
Vycor Medical (OTCPK:VYCO) 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.
Vycor Medical's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Vycor Medical's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Vycor Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of Vycor Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vycor Medical (Vycor Medical) Business Description
Vycor Medical Inc is engaged in designing, developing and marketing medical devices for use in neurosurgery in the United States. It has developed ViewSite Brain Access System, which helps to reduce brain tissue trauma that arises from excessive pressure at the edges of the blade. It also provides non-invasive rehabilitation therapies for patients having disorders resulting from neurological brain damage caused by a stroke. The company operates through two segments: Vycor Medical, which focuses on devices for neurosurgery; and NovaVision, which focuses on neurostimulation therapies and diagnostic devices for the treatment and screening of visual field loss. The majority of the revenue comes from the Vycor Medical segment in the United States.
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