Straumann Holding AG (FRA:QS51) Days Inventory : 202.02 (As of Dec. 2023)

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What is Straumann Holding AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Straumann Holding AG's Average Total Inventories for the six months ended in Dec. 2023 was €379 Mil. Straumann Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €342 Mil. Hence, Straumann Holding AG's Days Inventory for the six months ended in Dec. 2023 was 202.02.

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

FRA:QS51' s Days Inventory Range Over the Past 10 Years
Min: 144.39 Med: 176.78 Max: 207.87
Current: 204.14

During the past 13 years, Straumann Holding AG's highest Days Inventory was 207.87. The lowest was 144.39. And the median was 176.78.

FRA:QS51's Days Inventory is ranked worse than
54.64% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 187.12 vs FRA:QS51: 204.14

Straumann Holding AG's Days Inventory increased from Dec. 2022 (195.26) to Dec. 2023 (202.02). It might indicate that Straumann Holding AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Straumann Holding AG's Inventory Turnover for the six months ended in Dec. 2023 was 0.90.

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. Straumann Holding AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.

Straumann Holding AG Days Inventory Historical Data

The historical data trend for Straumann Holding AG'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.

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Straumann Holding AG Days Inventory Chart

Straumann Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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189.39

206.78

173.37

179.75

196.90

Straumann Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															175.58	174.96	195.26	204.85	202.02

Competitive Comparison of Straumann Holding AG's Days Inventory

For the Medical Instruments & Supplies subindustry, Straumann Holding AG'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.

Straumann Holding AG's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Straumann Holding AG's Days Inventory falls into.

Straumann Holding AG Days Inventory Calculation

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

Straumann Holding AG'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
=	( (325.447	+	389.059)	/	2 )	/	662.252	*	365
=	357.253					/	662.252	*	365
=	196.90

Straumann Holding AG'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (368.85	+	389.059)	/	2 )	/	342.343	*	365 / 2
=	378.9545					/	342.343	*	365 / 2
=	202.02

Straumann Holding AG (FRA:QS51) 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.

Straumann Holding AG's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	342.343	/	378.9545
	=	0.90

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.

Straumann Holding AG's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	378.9545	/	1267.058
	=	0.30

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.

Straumann Holding AG Days Inventory Related Terms

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

Straumann Holding AG (FRA:QS51) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Straumann Holding AG (FRA:QS51) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SAUHY:USA SAUHF:USA STMNz:UK 0QMV:UK STMN:Switzerland

Address

Peter Merian-Weg 12, Basel, CHE, 4002

Website

https://www.straumann-group.com

Straumann is a global leader in tooth replacement and orthodontics solutions. Its line of products includes dental implants, abutments, clear aligners, biomaterials, and computer-aided design/computer-aided manufacturing equipment. The company's core products are dental implants, and it holds roughly 30% of the global implant dentistry market, which is estimated to be worth roughly CHF 5.4 billion. Originally a pure premium implant player, Straumann entered the value market in 2012 with its acquisition of Neodent. Straumann now accounts for almost half of the global premium market and around 15% of the value market. While its premium product catalog is marketed under Straumann, its value brands include Neodent, Anthogyr, and Medentika as well as other local and regional brands.

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