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Erika B-Cure Laser (XTAE:BCUR) Days Inventory : 938.67 (As of Dec. 2023)


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What is Erika B-Cure Laser Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Erika B-Cure Laser's Average Total Inventories for the six months ended in Dec. 2023 was ₪17.04 Mil. Erika B-Cure Laser's Cost of Goods Sold for the six months ended in Dec. 2023 was ₪3.31 Mil. Hence, Erika B-Cure Laser's Days Inventory for the six months ended in Dec. 2023 was 938.67.

The historical rank and industry rank for Erika B-Cure Laser's Days Inventory or its related term are showing as below:

XTAE:BCUR' s Days Inventory Range Over the Past 10 Years
Min: 114.67   Med: 230.78   Max: 925.22
Current: 866.22

During the past 6 years, Erika B-Cure Laser's highest Days Inventory was 925.22. The lowest was 114.67. And the median was 230.78.

XTAE:BCUR's Days Inventory is ranked worse than
94.86% of 778 companies
in the Medical Devices & Instruments industry
Industry Median: 191.615 vs XTAE:BCUR: 866.22

Erika B-Cure Laser's Days Inventory increased from Dec. 2022 (864.31) to Dec. 2023 (938.67). It might indicate that Erika B-Cure Laser'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. Erika B-Cure Laser's Inventory Turnover for the six months ended in Dec. 2023 was 0.19.

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. Erika B-Cure Laser's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.24.

Erika B-Cure Laser Days Inventory Historical Data

The historical data trend for Erika B-Cure Laser'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.

Erika B-Cure Laser Days Inventory Chart

Erika B-Cure Laser Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 159.07 114.67 230.78 599.17 925.22

Erika B-Cure Laser Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only 313.24 449.94 864.31 742.27 938.67

Competitive Comparison of Erika B-Cure Laser's Days Inventory

For the Medical Devices subindustry, Erika B-Cure Laser'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.

Erika B-Cure Laser's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Erika B-Cure Laser's Days Inventory distribution charts can be found below:

* The bar in red indicates where Erika B-Cure Laser's Days Inventory falls into.


Erika B-Cure Laser Days Inventory Calculation

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

Erika B-Cure Laser'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
=( (14.967 + 19.958) / 2 ) / 6.889*365
=17.4625 / 6.889*365
=925.22

Erika B-Cure Laser'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (14.122 + 19.958) / 2 ) / 3.313*365 / 2
=17.04 / 3.313*365 / 2
=938.67

* 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.

Erika B-Cure Laser  (XTAE:BCUR) 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.

Erika B-Cure Laser's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.313 / 17.04
=0.19

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.

Erika B-Cure Laser's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=17.04 / 13.782
=1.24

* 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.

Erika B-Cure Laser Days Inventory Related Terms

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

Erika B-Cure Laser (XTAE:BCUR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Erika B-Cure Laser Ltd (XTAE:BCUR) » Definitions » Days Inventory
Comparable Companies
XTAE:EFNC XTAE:ENVM XTAE:HUMX XTAE:EMTC-M XTAE:ALMD XTAE:EMITF-M XTAE:BIOV XTAE:ENDY ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA XSWX:SOON ALGN
Traded in Other Exchanges
N/A
Address
Nahum Hat 5, Entrance 2, Haifa, ISR, 3508504
Website
https://www.bcurelaser.com
Erika B-Cure Laser Ltd is engaged in the development and production of laser devices for the treatment of pain and wounds. Its devices provide treatment for Knee Pain, Lower Back Pain, Neck Pain, Shoulder Pain, Finger Joint pain, and Burns.

Erika B-Cure Laser (XTAE:BCUR) Headlines

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