Edap TMS (Edap TMS) Days Inventory

: 124.37 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Edap TMS's Average Total Inventories for the three months ended in Dec. 2023 was $16.42 Mil. Edap TMS's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.05 Mil. Hence, Edap TMS's Days Inventory for the three months ended in Dec. 2023 was 124.37.

The historical rank and industry rank for Edap TMS's Days Inventory or its related term are showing as below:

EDAP' s Days Inventory Range Over the Past 10 Years
Min: 114.58 Med: 121.15 Max: 137.28
Current: 137.28

During the past 13 years, Edap TMS's highest Days Inventory was 137.28. The lowest was 114.58. And the median was 121.15.

EDAP's Days Inventory is ranked worse than
87.23% of 94 companies
in the Medical Distribution industry
Industry Median: 62.15 vs EDAP: 137.28

Edap TMS's Days Inventory increased from Dec. 2022 (111.19) to Dec. 2023 (124.37). It might indicate that Edap TMS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Edap TMS's Inventory Turnover for the three months ended in Dec. 2023 was 0.73.

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. Edap TMS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.

Edap TMS Days Inventory Historical Data

The historical data trend for Edap TMS'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.

Edap TMS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

118.80

121.17

114.58

116.76

134.58

Edap TMS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																111.19	125.51	135.51	173.77	124.37

Competitive Comparison

For the Medical Distribution subindustry, Edap TMS'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.

Edap TMS Days Inventory Distribution

For the Medical Distribution industry and Healthcare sector, Edap TMS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Edap TMS's Days Inventory falls into.

Edap TMS Days Inventory Calculation

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

Edap TMS'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
=	( (12.479	+	16.48)	/	2 )	/	39.271	*	365
=	14.4795					/	39.271	*	365
=	134.58

Edap TMS'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (16.369	+	16.48)	/	2 )	/	12.051	*	365 / 4
=	16.4245					/	12.051	*	365 / 4
=	124.37

Edap TMS (NAS:EDAP) 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.

Edap TMS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.051	/	16.4245
	=	0.73

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.

Edap TMS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.4245	/	21.388
	=	0.77

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.

Edap TMS Days Inventory Related Terms

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

Edap TMS (Edap TMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Edap TMS SA (NAS:EDAP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

EDA:Germany

Address

Parc d'Activites La Poudrette-Lamartine, 4/6, rue du Dauphine, Vaulx-en-Velin, FRA, 69120

Website

https://www.edap-tms.com

Edap TMS SA is a holding company operating in three divisions namely, HIFU (High-Intensity Focused Ultrasound), ESWL (Extracorporeal ShockWave Lithotripsy), and Distribution. The HIFU division develops, manufactures, and markets devices for the invasive destruction of certain types of tumors using HIFU technology. It markets three HIFU devices: the Ablatherm, Ablatherm Fusion, and the Focal One. The ESWL division is engaged in the manufacturing, marketing, and servicing of its installed base of Sonolith range of lithotripters. The Distribution division markets products that are complementary to its global activity such as lasers, micro-ultrasound systems, and other medical products from third parties. Its geographical segments are Asia, France, United States, and Others.