Days Inventory is also known as Days Sales of Inventory (DSI). ICU Medical's Average Total Inventories for the
three
months ended in Dec. 2023 was $734 Mil. ICU Medical's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $416 Mil.
Hence, ICU Medical's Days Inventory for the
three
months ended in Dec. 2023 was 161.01.
The historical rank and industry rank for ICU Medical's Days Inventory or its related term are showing as below:
ICUI'
s Days Inventory Range Over the Past 10 Years
Min: 71.17 Med: 122.83 Max: 177.22
Current: 177.22
During the past 13 years, ICU Medical's highest Days Inventory was 177.22. The lowest was 71.17. And the median was 122.83.
ICUI's Days Inventory is ranked better than 52.84% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs ICUI: 177.22
ICU Medical's Days Inventory
increased
from Dec. 2022 (149.56) to Dec. 2023 (161.01).
It might indicate that ICU Medical's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ICU Medical's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.57.
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.
ICU Medical's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.25.
ICU Medical Days Inventory Historical Data
The historical data trend for ICU 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 ICU Medical's Days Inventory
For the Medical Instruments & Supplies subindustry, ICU 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.
ICU Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, ICU Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where ICU Medical's Days Inventory falls into.
ICU Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ICU 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.
ICU Medical (NAS:ICUI) 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.
ICU Medical'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.
ICU Medical'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.
ICU Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of ICU Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ICU Medical is a California-based, pure-play infusion therapy company that provides consumables, systems, and services for virtually every component of the IV continuum of care. ICU has become one of the largest players in its industry following its acquisition of Hospira Infusion Systems from Pfizer in 2017, and Smiths Medical from Smiths Group in 2022. It holds top-tier positions in its original reporting segments: infusion consumables (25% of 2022 revenue), IV solutions (16%), infusion systems (15%), and critical care (2%) as well as its new Smiths segments: Smiths infusion systems (15%), vascular access (14%), and vital care (12%). The combined entity remains primarily U.S. focused, generating over 64% of its sales domestically.
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