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HealthWarehouse.com (HealthWarehouse.com) Inventory Turnover : 4.42 (As of Mar. 2024)


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What is HealthWarehouse.com Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. HealthWarehouse.com's Cost of Goods Sold for the three months ended in Mar. 2024 was $2.16 Mil. HealthWarehouse.com's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.49 Mil. HealthWarehouse.com's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HealthWarehouse.com's Days Inventory for the three months ended in Mar. 2024 was 20.66.

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. HealthWarehouse.com's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.


HealthWarehouse.com Inventory Turnover Historical Data

The historical data trend for HealthWarehouse.com's Inventory Turnover 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.

HealthWarehouse.com Inventory Turnover Chart

HealthWarehouse.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.61 26.38 19.50 15.84 16.04

HealthWarehouse.com Quarterly Data
Mar17 Jun17 Mar18 Jun18 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Inventory Turnover 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 3.56 4.44 4.72 - 4.42

HealthWarehouse.com Inventory Turnover Calculation

HealthWarehouse.com's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=8.109 / ((0.502 + 0.509) / 2 )
=8.109 / 0.5055
=16.04

HealthWarehouse.com's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=2.162 / ((0.509 + 0.47) / 2 )
=2.162 / 0.4895
=4.42

* 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.


HealthWarehouse.com  (OTCPK:HEWA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

HealthWarehouse.com's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0.4895/2.162*365 / 4
=20.66

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.

HealthWarehouse.com's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.4895 / 5.122
=0.10

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


HealthWarehouse.com Inventory Turnover Related Terms

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HealthWarehouse.com (HealthWarehouse.com) Business Description

Traded in Other Exchanges
N/A
Address
7107 Industrial Road, Florence, KY, USA, 41042
HealthWarehouse.com Inc is an online pharmacy, licensed and authorized to sell and deliver prescriptions in all 50 United States and the District of Columbia focusing on the out-of-pocket prescription drug market. The company sells directly to individual consumers who purchase prescription medications and over-the-counter (OTC) products over the Internet. It offers a complete range of generic, brand-name, and pet prescription medications as well as OTC medications and products.
Executives
Joseph B Peters officer: Interim President and CEO 7107 INDUSTRIAL ROAD, FLORENCE KY 41042
John C Pauly officer: COO and Interim CEO 900 SQUIRE OAKS DRIVE, VILLA HILLS KY 41017
Daniel Joseph Seliga officer: COO and CFO HEALTHWAREHOUSE, COM, INC., 7107 INDUSTRIAL ROAD, FLORENCE KY 41042
Cape Bear Partners, Llc other: Member of a 10% Owner Group 38608 BUTCHER ROAD, P.O. BOX 15, LEETONIA OH 45202
Scw Holdings, Llp other: Member of 10% Owner Group 10405 E. MCDOWELL MOUNTAIN RANCH RD #250, SCOTTSDALE AZ 85255
Lynn Peppel other: Member of 10% Owner Group 38608 BUTCHER RD, LEETONIA OH 44431
Stephen J Weiss other: Member of 10% Owner Group 10405 E. MCDOWELL MOUNTAIN RANCH RD, #250, SCOTTSDALE AZ 85255
J Robert Smyjunas other: Member of a 10% Owner Group 9064 RIDGEWAY CLOSE, CINCINNATI OH 45236
Rx Investor Value Corp other: Member of a 10% Owner Group 5027 MADISON ROAD, CINCINATTI OH 45227
Osgar Holdings Ltd. other: Member of a 10% Owner Group 400 ST. MARY AVENUE, 9TH FLOOR, WINNIPEG A2 R3C4K5
Bruce Bedrick other: Member of a 10% Owner Group 5375 MONTEREY CIRCLE, UNIT 32, DELRAY BEACH FL 33484
Jeffrey T Holtmeier other: Member of a 10% Owner Group 275 SHORELINE DRIVE, SUITE 500, REDWOOD CITY CA 94065
Brian A Ross other: Member of a 10% Owner Group 600 TELEPHONE AVE, MS#65, ANCHORAGE AK 99503
Mvi Partners, Llc 10 percent owner 3299 HUGHES COURT, TAYLOR MILL KY 41015
Joe Heimbrock 10 percent owner 3299 HUGHES COURT, TAYLOR MILL KY 41015

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