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Bayer AG (Bayer AG) Days Inventory : 280.58 (As of Dec. 2023)


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What is Bayer AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bayer AG's Average Total Inventories for the three months ended in Dec. 2023 was $15,042 Mil. Bayer AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,892 Mil. Hence, Bayer AG's Days Inventory for the three months ended in Dec. 2023 was 280.58.

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

BAYRY' s Days Inventory Range Over the Past 10 Years
Min: 142.07   Med: 226.39   Max: 262.73
Current: 254.23

During the past 13 years, Bayer AG's highest Days Inventory was 262.73. The lowest was 142.07. And the median was 226.39.

BAYRY's Days Inventory is ranked worse than
77.95% of 975 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs BAYRY: 254.23

Bayer AG's Days Inventory increased from Dec. 2022 (244.49) to Dec. 2023 (280.58). It might indicate that Bayer AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bayer AG's Inventory Turnover for the three months ended in Dec. 2023 was 0.33.

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. Bayer AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.16.


Bayer AG Days Inventory Historical Data

The historical data trend for Bayer 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.

* Premium members only.

Bayer AG Days Inventory Chart

Bayer AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.13 197.17 250.30 235.27 250.76

Bayer AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 244.49 214.73 262.45 264.85 280.58

Competitive Comparison of Bayer AG's Days Inventory

For the Drug Manufacturers - General subindustry, Bayer 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.


Bayer AG's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bayer AG's Days Inventory distribution charts can be found below:

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



Bayer AG Days Inventory Calculation

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

Bayer 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
=( (14401.483 + 15189.749) / 2 ) / 21536.532*365
=14795.616 / 21536.532*365
=250.76

Bayer 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (14894.344 + 15189.749) / 2 ) / 4892.039*365 / 4
=15042.0465 / 4892.039*365 / 4
=280.58

* 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.


Bayer AG  (OTCPK:BAYRY) 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.

Bayer AG'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.

Bayer AG's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=15042.0465 / 12935.66
=1.16

* 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.


Bayer AG Days Inventory Related Terms

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


Bayer AG (Bayer AG) Business Description

Address
Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368
Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs as well as vitamins and other consumer healthcare products. The firm also has a crop science business that includes seeds, pesticides, herbicides, and fungicides, which was expanded through the acquisition of Monsanto.