Cantel Medical (Cantel Medical) Days Inventory : 97.95 (As of Apr. 2021)

View and export this data going back to 1992. Start your Free Trial

What is Cantel Medical Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cantel Medical's Average Total Inventories for the three months ended in Apr. 2021 was $175 Mil. Cantel Medical's Cost of Goods Sold for the three months ended in Apr. 2021 was $163 Mil. Hence, Cantel Medical's Days Inventory for the three months ended in Apr. 2021 was 97.95.

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

CMD' s Days Inventory Range Over the Past 10 Years
Min: 66.7 Med: 80.65 Max: 107.64
Current: 107.64

During the past 13 years, Cantel Medical's highest Days Inventory was 107.64. The lowest was 66.70. And the median was 80.65.

CMD's Days Inventory is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 186.925 vs CMD: 107.64

Cantel Medical's Days Inventory declined from Apr. 2020 (124.06) to Apr. 2021 (97.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cantel Medical's Inventory Turnover for the three months ended in Apr. 2021 was 0.93.

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. Cantel Medical's Inventory-to-Revenue for the three months ended in Apr. 2021 was 0.56.

Cantel Medical Days Inventory Historical Data

The historical data trend for Cantel 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.

* Premium members only.

Cantel Medical Days Inventory Chart

Cantel Medical Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Days Inventory

Get a 7-Day Free Trial

83.95

86.14

82.22

91.43

96.33

Cantel Medical Quarterly Data
	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Days Inventory	Get a 7-Day Free Trial															124.06	118.15	101.16	101.20	97.95

Competitive Comparison of Cantel Medical's Days Inventory

For the Medical Instruments & Supplies subindustry, Cantel 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.

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

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

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

Cantel Medical Days Inventory Calculation

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

Cantel Medical's Days Inventory for the fiscal year that ended in Jul. 2020 is calculated as

	Days Inventory (A: Jul. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2019 )	+	Total Inventories (A: Jul. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2020 )	*	Days in Period
=	( (138.234	+	167.96)	/	2 )	/	580.075	*	365
=	153.097					/	580.075	*	365
=	96.33

Cantel Medical's Days Inventory for the quarter that ended in Apr. 2021 is calculated as:

	Days Inventory (Q: Apr. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2021 )	+	Total Inventories (Q: Apr. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2021 )	*	Days in Period
=	( (170.075	+	179.078)	/	2 )	/	162.63	*	365 / 4
=	174.5765					/	162.63	*	365 / 4
=	97.95

Cantel Medical (NYSE:CMD) 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.

Cantel Medical's Inventory Turnover for the three months ended in Apr. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	162.63	/	174.5765
	=	0.93

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.

Cantel Medical's Inventory to Revenue for the three months ended in Apr. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	174.5765	/	313.953
	=	0.56

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.

Cantel Medical Days Inventory Related Terms

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

Cantel Medical (Cantel Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cantel Medical Corp (NYSE:CMD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Clove Road, 9th Floor, Little Falls, NJ, USA, 07424

Website

http://www.cantelmedical.com

Cantel Medical is a New Jersey-based manufacturer of hospital supplies for infection prevention, which include products used in endoscope disinfection, water purification systems for use in dialysis treatment, and dental supplies. The firm reports in four segments: medical (46% of fiscal 2020 sales), dental (32%), life sciences (19%), and dialysis (3%). Geographic exposure is primarily in the U.S., which accounts for about 75% of revenue, with international markets making up the remaining 25%.

Executives

Ann E Berman	director	255 STATE STREET, BOSTON MA 02109
Jeffrey Z Mann	officer: SVP, General Counsel	150 CLOVE ROAD, 9TH FLOOR, LITTLE FALLS NJ 07424
George L Fotiades	director, officer: Chief Executive Officer	281 SUMMIT AVENUE, SUMMIT NJ 07901
Charles M Diker	director, 10 percent owner, officer: Chairman	ONE NEW YORK PLAZA, NEW YORK NY 10004
Shaun M. Blakeman	officer: SVP - CFO	C/O CANTEL MEDICAL CORP., 150 CLOVE ROAD, LITTLE FALLS NJ 07424
Jean Casner	officer: SVP and CHRO	150 CLOVE ROAD, LITTLE FALLS NJ 07424
Brian Capone	officer: SVP and Princ. Accounting Ofr	150 CLOVE ROAD, 9TH FLOOR, LITTLE FALLS NJ 07424
Peter G Clifford	officer: President and COO	40 TOURNAMENT DRIVE SOUTH, HAWTHORN WOODS IL 60047
Seth M Yellin	officer: Executive Vice President	150 CLOVE ROAD 9TH FLOOR LITTLE FALLS NJ 07424
Laura L Forese	director	849 STONEWALL COURT FRANKLIN LAKES NJ 07417
Peter Pronovost	director	JHU-QSRG 1909 THAMES ST. - 2ND FLOOR BALTIMORE MD 21231
Anthony B Evnin	director	C/O VENROCK ASSOCIATES, 7 BRYANT PARK, 23RD FLOOR, NEW YORK NY 10018
Ronnie Myers	director	TOURO COLLEGE OF DENTAL MEDICINE 40 SUNSHINE COTTAGE ROAD VALHALLA NY 10595
Alan R Batkin	director	399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Karen Prange	director	1108 S RIO VISTA BLVD, FORT LAUDERDALE FL 33316