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Labo Euromedis (FRA:61R) Days Inventory : 118.95 (As of Jun. 2023)


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What is Labo Euromedis Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Labo Euromedis's Average Total Inventories for the six months ended in Jun. 2023 was €11.37 Mil. Labo Euromedis's Cost of Goods Sold for the six months ended in Jun. 2023 was €17.44 Mil. Hence, Labo Euromedis's Days Inventory for the six months ended in Jun. 2023 was 118.95.

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

FRA:61R' s Days Inventory Range Over the Past 10 Years
Min: 61.94   Med: 113.58   Max: 225.54
Current: 225.54

During the past 14 years, Labo Euromedis's highest Days Inventory was 225.54. The lowest was 61.94. And the median was 113.58.

FRA:61R's Days Inventory is ranked worse than
59.97% of 772 companies
in the Medical Devices & Instruments industry
Industry Median: 193.465 vs FRA:61R: 225.54

Labo Euromedis's Days Inventory increased from Jun. 2022 (95.55) to Jun. 2023 (118.95). It might indicate that Labo Euromedis'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. Labo Euromedis's Inventory Turnover for the six months ended in Jun. 2023 was 1.53.

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. Labo Euromedis's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.46.


Labo Euromedis Days Inventory Historical Data

The historical data trend for Labo Euromedis'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.

Labo Euromedis Days Inventory Chart

Labo Euromedis Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.58 61.94 87.21 125.41 -

Labo Euromedis Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 117.48 95.55 121.96 118.95 -

Competitive Comparison of Labo Euromedis's Days Inventory

For the Medical Devices subindustry, Labo Euromedis'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.


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

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

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



Labo Euromedis Days Inventory Calculation

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

Labo Euromedis's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (11.76 + 12.591) / 2 ) / 35.437*365
=12.1755 / 35.437*365
=125.41

Labo Euromedis's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (12.591 + 10.144) / 2 ) / 17.441*365 / 2
=11.3675 / 17.441*365 / 2
=118.95

* 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.


Labo Euromedis  (FRA:61R) 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.

Labo Euromedis's Inventory Turnover for the six months ended in Jun. 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.

Labo Euromedis's Inventory to Revenue for the six months ended in Jun. 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.


Labo Euromedis Days Inventory Related Terms

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


Labo Euromedis (FRA:61R) Business Description

Traded in Other Exchanges
Address
ZI de la Tuilerie, Neuilly-sous-Clermont, FRA, 60290
Euromedis Groupe is engaged in medical devices. It is engaged in the design, manufacture, rental and export of medical and surgical equipment and products.

Labo Euromedis (FRA:61R) Headlines

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