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Stratasys (Stratasys) Days Inventory

: 205.73 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Stratasys's Average Total Inventories for the three months ended in Dec. 2023 was $195.2 Mil. Stratasys's Cost of Goods Sold for the three months ended in Dec. 2023 was $86.6 Mil. Hence, Stratasys's Days Inventory for the three months ended in Dec. 2023 was 205.73.

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

SSYS' s Days Inventory Range Over the Past 10 Years
Min: 75.92   Med: 133.15   Max: 201.98
Current: 201.98

During the past 13 years, Stratasys's highest Days Inventory was 201.98. The lowest was 75.92. And the median was 133.15.

SSYS's Days Inventory is ranked worse than
80.03% of 2404 companies
in the Hardware industry
Industry Median: 104.28 vs SSYS: 201.98

Stratasys's Days Inventory increased from Dec. 2022 (183.53) to Dec. 2023 (205.73). It might indicate that Stratasys's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stratasys's Inventory Turnover for the three months ended in Dec. 2023 was 0.44.

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. Stratasys's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.25.


Stratasys Days Inventory Historical Data

The historical data trend for Stratasys'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.

Stratasys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 165.31 181.74 137.12 157.28 195.89

Stratasys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 183.53 215.16 201.56 193.22 205.73

Competitive Comparison

For the Computer Hardware subindustry, Stratasys'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.


Stratasys Days Inventory Distribution

For the Hardware industry and Technology sector, Stratasys's Days Inventory distribution charts can be found below:

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



Stratasys Days Inventory Calculation

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

Stratasys'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
=( (194.054 + 192.976) / 2 ) / 360.574*365
=193.515 / 360.574*365
=195.89

Stratasys'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
=( (197.42 + 192.976) / 2 ) / 86.579*365 / 4
=195.198 / 86.579*365 / 4
=205.73

* 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.


Stratasys  (NAS:SSYS) 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.

Stratasys'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.

Stratasys'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.


Stratasys Days Inventory Related Terms

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


Stratasys (Stratasys) Business Description

Traded in Other Exchanges
Address
c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, USA, 55344
Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its subsidiaries include printer makers MakerBot and Solidscape. It generates revenue through 3D printing systems, related services, and consumables and by providing additive manufacturing solutions.