Days Inventory is also known as Days Sales of Inventory (DSI). DocCheck AG's Average Total Inventories for the
six
months ended in Jun. 2023 was €3.30 Mil. DocCheck AG's Cost of Goods Sold for the
six
months ended in Jun. 2023 was €9.03 Mil.
Hence, DocCheck AG's Days Inventory for the
six
months ended in Jun. 2023 was 66.68.
The historical rank and industry rank for DocCheck AG's Days Inventory or its related term are showing as below:
XTER:AJ91'
s Days Inventory Range Over the Past 10 Years
Min: 31.17 Med: 48.58 Max: 61.69
Current: 55.59
During the past 13 years, DocCheck AG's highest Days Inventory was 61.69. The lowest was 31.17. And the median was 48.58.
XTER:AJ91's Days Inventory is ranked worse than 67.8% of 469
companies
in the Healthcare Providers & Services industry
Industry Median: 32.66
vs XTER:AJ91: 55.59
DocCheck AG's Days Inventory
increased
from Jun. 2022 (47.83) to Jun. 2023 (66.68).
It might indicate that DocCheck AG'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.
DocCheck AG's Inventory Turnover for the
six
months ended in Jun. 2023 was 2.74.
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.
DocCheck AG's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.13.
DocCheck AG Days Inventory Historical Data
The historical data trend for DocCheck AG'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.
Competitive Comparison of DocCheck AG's Days Inventory
For the Health Information Services subindustry, DocCheck AG'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.
DocCheck AG's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, DocCheck AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where DocCheck AG's Days Inventory falls into.
DocCheck AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
DocCheck AG's Days Inventory for the fiscal year that ended in Dec. 2022 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.
DocCheck AG (XTER:AJ91) 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.
DocCheck AG'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.
DocCheck AG'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.
DocCheck AG Days Inventory Related Terms
Thank you for viewing the detailed overview of DocCheck AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
DocCheck AG is a Germany-based company engaged in the healthcare sector. It operates through subsidiaries: antwerpes AG develops integrated communication concepts for the healthcare sector, including social media and digital communication with focus on e-marketing concepts, search engine optimization (SEO), search engine advertising (SEA) and search engine marketing (SEM); DocCheck Medical Services GmbH operates an online platform for healthcare professionals, such as physicians and pharmacists; DocCheck Medizinbedarf und Logistik GmbH wholesales medical products from third parties and also produces own medical products, and DocCheck Guano AG is a venture capital company with focus on e-health companies and promotes healthcare startups.
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