Days Inventory is also known as Days Sales of Inventory (DSI). Asensus Surgical's Average Total Inventories for the
three
months ended in Dec. 2023 was $6.93 Mil. Asensus Surgical's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $4.27 Mil.
Hence, Asensus Surgical's Days Inventory for the
three
months ended in Dec. 2023 was 148.21.
The historical rank and industry rank for Asensus Surgical's Days Inventory or its related term are showing as below:
ASXC'
s Days Inventory Range Over the Past 10 Years
Min: 190.1 Med: 283.99 Max: 2476.81
Current: 222.34
During the past 13 years, Asensus Surgical's highest Days Inventory was 2476.81. The lowest was 190.10. And the median was 283.99.
ASXC's Days Inventory is ranked worse than 60.18% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs ASXC: 222.34
Asensus Surgical's Days Inventory
declined
from Dec. 2022 (343.86) to Dec. 2023 (148.21).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Asensus Surgical's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.62.
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.
Asensus Surgical's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.28.
Asensus Surgical Days Inventory Historical Data
The historical data trend for Asensus Surgical'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 Asensus Surgical's Days Inventory
For the Medical Devices subindustry, Asensus Surgical'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.
Asensus Surgical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asensus Surgical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Asensus Surgical's Days Inventory falls into.
Asensus Surgical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Asensus Surgical's Days Inventory for the fiscal year that ended in Dec. 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.
Asensus Surgical (AMEX:ASXC) 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.
Asensus Surgical's Inventory Turnover for the
three
months ended in Dec. 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.
Asensus Surgical's Inventory to Revenue for the
three
months ended in Dec. 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.
Asensus Surgical Days Inventory Related Terms
Thank you for viewing the detailed overview of Asensus Surgical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Asensus Surgical (Asensus Surgical) Business Description
Asensus Surgical Inc is a medical device company that digitizes the interface between the surgeon and the patient to improve minimally invasive surgery through digital laparoscopy. It enables the use of advanced capabilities such as augmented intelligence, connectivity, and robotics in laparoscopy and seeks to address the current clinical, cognitive, and economic shortcomings in surgery. The Senhance Surgical System is the first machine vision system for use in robotic surgery, which is powered by the new Intelligent Surgical Unit that enables augmented intelligence in surgery and brings the benefits of digital laparoscopy to patients around the world. The company's single segment includes the research, development, and sale of medical device robotics to improve minimally invasive surgery.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASXC has been successfully added to your 