Days Inventory is also known as Days Sales of Inventory (DSI). Bio-Gate AG's Average Total Inventories for the
six
months ended in Jun. 2023 was €1.86 Mil. Bio-Gate AG's Cost of Goods Sold for the
six
months ended in Jun. 2023 was €1.10 Mil.
Hence, Bio-Gate AG's Days Inventory for the
six
months ended in Jun. 2023 was 307.75.
The historical rank and industry rank for Bio-Gate AG's Days Inventory or its related term are showing as below:
XTER:BIG1'
s Days Inventory Range Over the Past 10 Years
Min: 93.32 Med: 125.19 Max: 266.29
Current: 266.29
During the past 13 years, Bio-Gate AG's highest Days Inventory was 266.29. The lowest was 93.32. And the median was 125.19.
XTER:BIG1's Days Inventory is ranked worse than 69.07% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 189.595
vs XTER:BIG1: 266.29
Bio-Gate AG's Days Inventory
increased
from Jun. 2022 (162.28) to Jun. 2023 (307.75).
It might indicate that Bio-Gate 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.
Bio-Gate AG's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.59.
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.
Bio-Gate AG's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.58.
Bio-Gate AG Days Inventory Historical Data
The historical data trend for Bio-Gate 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 Bio-Gate AG's Days Inventory
For the Medical Instruments & Supplies subindustry, Bio-Gate 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.
Bio-Gate AG's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Bio-Gate AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Bio-Gate AG's Days Inventory falls into.
Bio-Gate AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Bio-Gate 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.
Bio-Gate AG (XTER:BIG1) 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.
Bio-Gate 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.
Bio-Gate 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.
Bio-Gate AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Bio-Gate AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Bio-Gate AG is a Germany based medical technology company. The company employs silver technology to endow materials and products with antimicrobial properties. It is focused on the medical technology products portfolio. In addition, its technologies are also used to refine cosmetics, consumer goods, and industrial products. The products of the company are plasma-coating, additives, textile solutions, spray, masterbatches, and others. The organization uses two different technologies; first, silver particles are incorporated into cosmetics, paints, veneers or plastics, and second involve coating final products like implants or wound dressings with a silver-containing functional layer.
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