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TransMedics Group (STU:TMDX) Days Inventory : 114.57 (As of Mar. 2024)


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What is TransMedics Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TransMedics Group's Average Total Inventories for the three months ended in Mar. 2024 was €42.6 Mil. TransMedics Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €33.9 Mil. Hence, TransMedics Group's Days Inventory for the three months ended in Mar. 2024 was 114.57.

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

STU:TMDX' s Days Inventory Range Over the Past 10 Years
Min: 122.06   Med: 432.21   Max: 537.16
Current: 122.06

During the past 8 years, TransMedics Group's highest Days Inventory was 537.16. The lowest was 122.06. And the median was 432.21.

STU:TMDX's Days Inventory is ranked better than
74.77% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.88 vs STU:TMDX: 122.06

TransMedics Group's Days Inventory declined from Mar. 2023 (159.79) to Mar. 2024 (114.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. TransMedics Group's Inventory Turnover for the three months ended in Mar. 2024 was 0.80.

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. TransMedics Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.48.


TransMedics Group Days Inventory Historical Data

The historical data trend for TransMedics Group'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.

TransMedics Group Days Inventory Chart

TransMedics Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 379.86 490.81 520.13 223.61 136.45

TransMedics Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 159.79 158.99 122.97 115.89 114.57

Competitive Comparison of TransMedics Group's Days Inventory

For the Medical Devices subindustry, TransMedics Group'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.


TransMedics Group's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

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



TransMedics Group Days Inventory Calculation

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

TransMedics Group'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
=( (19.451 + 40.563) / 2 ) / 80.265*365
=30.007 / 80.265*365
=136.45

TransMedics Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (40.563 + 44.658) / 2 ) / 33.937*365 / 4
=42.6105 / 33.937*365 / 4
=114.57

* 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.


TransMedics Group  (STU:TMDX) 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.

TransMedics Group's Inventory Turnover for the three months ended in Mar. 2024 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.

TransMedics Group's Inventory to Revenue for the three months ended in Mar. 2024 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.


TransMedics Group Days Inventory Related Terms

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


TransMedics Group (STU:TMDX) Business Description

Traded in Other Exchanges
Address
200 Minuteman Road, Andover, MA, USA, 01810
TransMedics Group Inc is a commercial-stage medical technology company transforming organ transplant therapy for end-stage organ failure patients across multiple disease states. It has developed the Organ Care System(OCS) to comprehensively address the limitations of cold storage. The OCS is a portable organ perfusion, optimization and monitoring system that utilizes technology to replicate near-physiologic conditions for donor organs outside of the human body.