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Zenicor Medical Systems AB (XSAT:ZENI) Days Inventory : 0.00 (As of Mar. 2024)


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What is Zenicor Medical Systems AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zenicor Medical Systems AB's Average Total Inventories for the three months ended in Mar. 2024 was kr3.85 Mil. Zenicor Medical Systems AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr-0.37 Mil.

The historical rank and industry rank for Zenicor Medical Systems AB's Days Inventory or its related term are showing as below:

During the past 11 years, Zenicor Medical Systems AB's highest Days Inventory was 1631.39. The lowest was 150.81. And the median was 354.02.

XSAT:ZENI's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 192.74
* Ranked among companies with meaningful Days Inventory only.

Zenicor Medical Systems AB's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zenicor Medical Systems AB's Inventory Turnover for the three months ended in Mar. 2024 was -0.10.

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. Zenicor Medical Systems AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.57.


Zenicor Medical Systems AB Days Inventory Historical Data

The historical data trend for Zenicor Medical Systems AB'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.

Zenicor Medical Systems AB Days Inventory Chart

Zenicor Medical Systems AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Zenicor Medical Systems AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Zenicor Medical Systems AB's Days Inventory

For the Medical Devices subindustry, Zenicor Medical Systems AB'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.


Zenicor Medical Systems AB's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Zenicor Medical Systems AB's Days Inventory falls into.



Zenicor Medical Systems AB Days Inventory Calculation

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

Zenicor Medical Systems AB'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
=( (1.986 + 3.764) / 2 ) / -4.154*365
=2.875 / -4.154*365
=N/A

Zenicor Medical Systems AB'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
=( (3.764 + 3.933) / 2 ) / -0.367*365 / 4
=3.8485 / -0.367*365 / 4
=N/A

* 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.


Zenicor Medical Systems AB  (XSAT:ZENI) 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.

Zenicor Medical Systems AB'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.

Zenicor Medical Systems AB'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.


Zenicor Medical Systems AB Days Inventory Related Terms

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


Zenicor Medical Systems AB (XSAT:ZENI) Business Description

Traded in Other Exchanges
N/A
Address
Saltmatargatan 8, Stockholm, SWE, 113 59
Zenicor Medical Systems AB is a medical technology company. It is engaged in remote diagnosis of cardiac care and stroke prevention.

Zenicor Medical Systems AB (XSAT:ZENI) Headlines

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