Days Inventory is also known as Days Sales of Inventory (DSI). Sysmex's Average Total Inventories for the
three
months ended in Dec. 2023 was 円81,125 Mil. Sysmex's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円53,067 Mil.
Hence, Sysmex's Days Inventory for the
three
months ended in Dec. 2023 was 139.50.
The historical rank and industry rank for Sysmex's Days Inventory or its related term are showing as below:
TSE:6869'
s Days Inventory Range Over the Past 10 Years
Min: 109.63 Med: 115.52 Max: 139.05
Current: 139.05
During the past 13 years, Sysmex's highest Days Inventory was 139.05. The lowest was 109.63. And the median was 115.52.
TSE:6869's Days Inventory is ranked better than 68.69% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 189.595
vs TSE:6869: 139.05
Sysmex's Days Inventory
declined
from Dec. 2022 (139.84) to Dec. 2023 (139.50).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sysmex's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.65.
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.
Sysmex's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.71.
Sysmex Days Inventory Historical Data
The historical data trend for Sysmex'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.
For the Medical Instruments & Supplies subindustry, Sysmex'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.
Sysmex's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sysmex's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sysmex's Days Inventory falls into.
Sysmex Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sysmex's Days Inventory for the fiscal year that ended in Mar. 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.
Sysmex (TSE:6869) 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.
Sysmex'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.
Sysmex'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.
Sysmex Days Inventory Related Terms
Thank you for viewing the detailed overview of Sysmex's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sysmex Corp manufactures and distributes in vitro diagnostic instruments, reagents, and software. The vast majority of the firm's revenue comes from selling tests for human bodily fluids to hospitals and commercial laboratories. Within this industry, the firm specializes in hematology reagents and instruments. Sysmex also sells in vitro diagnostics for applications like urinalysis and hemostasis and provides support and maintenance services for its systems. Over half of the firm's revenue is generated by sales of reagents and services, which are recurring sources of income. Sysmex primarily sells its products to customers in Japan, Europe, the Middle East, and Africa, and the Americas.
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