Days Inventory is also known as Days Sales of Inventory (DSI). Ansell's Average Total Inventories for the
six
months ended in Dec. 2023 was $508 Mil. Ansell's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $486 Mil.
Hence, Ansell's Days Inventory for the
six
months ended in Dec. 2023 was 190.66.
The historical rank and industry rank for Ansell's Days Inventory or its related term are showing as below:
ANSLF'
s Days Inventory Range Over the Past 10 Years
Min: 108.89 Med: 130.2 Max: 195.91
Current: 195.91
During the past 13 years, Ansell's highest Days Inventory was 195.91. The lowest was 108.89. And the median was 130.20.
ANSLF's Days Inventory is ranked worse than 52.84% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 187.12
vs ANSLF: 195.91
Ansell's Days Inventory
declined
from Dec. 2022 (191.44) to Dec. 2023 (190.66).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ansell's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.96.
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.
Ansell's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.65.
Ansell Days Inventory Historical Data
The historical data trend for Ansell'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.
For the Medical Instruments & Supplies subindustry, Ansell'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.
Ansell's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Ansell's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ansell's Days Inventory falls into.
Ansell Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ansell's Days Inventory for the fiscal year that 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.
Ansell (OTCPK:ANSLF) 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.
Ansell's Inventory Turnover for the
six
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.
Ansell's Inventory to Revenue for the
six
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.
Ansell Days Inventory Related Terms
Thank you for viewing the detailed overview of Ansell's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ansell is a leading supplier of protective gloves for use in healthcare and industrial settings, earning approximately 60% of revenue and 70% of operating profit from the healthcare segment and the remainder from the industrial segment. The company holds a large number of patents and the majority of sales come from its key branded product ranges. Ansell has a global manufacturing and distribution footprint and distributes via key partners as well as directly across more than 100 countries. In fiscal 2022, Ansell earned 45% of revenue in North America, 33% from Europe, Middle East and Africa, 14% across Asia-Pacific and the remaining 8% in Latin America.
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