The historical rank and industry rank for Gerresheimer AG's Days Inventory or its related term are showing as below:
XTER:GXI'
s Days Inventory Range Over the Past 10 Years
Min: 56.99 Med: 70.02 Max: 88.9
Current: 88.9
During the past 13 years, Gerresheimer AG's highest Days Inventory was 88.90. The lowest was 56.99. And the median was 70.02.
XTER:GXI's Days Inventory is ranked better than 86.26% of 779
companies
in the Medical Devices & Instruments industry
Industry Median: 192.74
vs XTER:GXI: 88.90
Gerresheimer AG's Days Inventory
increased
from Feb. 2023 (91.36) to Feb. 2024 (91.42).
It might indicate that Gerresheimer AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Gerresheimer AG's Inventory Turnover for the
three
months ended in Feb. 2024 was 1.00.
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.
Gerresheimer AG's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 0.72.
Gerresheimer AG Days Inventory Historical Data
The historical data trend for Gerresheimer 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 Gerresheimer AG's Days Inventory
For the Medical Instruments & Supplies subindustry, Gerresheimer 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.
Gerresheimer AG's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Gerresheimer AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Gerresheimer AG's Days Inventory falls into.
Gerresheimer AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Gerresheimer AG's Days Inventory for the fiscal year that ended in Nov. 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.
Gerresheimer AG (XTER:GXI) 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.
Gerresheimer AG's Inventory Turnover for the
three
months ended in Feb. 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.
Gerresheimer AG's Inventory to Revenue for the
three
months ended in Feb. 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.
Gerresheimer AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Gerresheimer AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.
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