Days Inventory is also known as Days Sales of Inventory (DSI). Aroa Biosurgery's Average Total Inventories for the
six
months ended in Sep. 2023 was A$5.50 Mil. Aroa Biosurgery's Cost of Goods Sold for the
six
months ended in Sep. 2023 was A$4.70 Mil.
Hence, Aroa Biosurgery's Days Inventory for the
six
months ended in Sep. 2023 was 213.23.
The historical rank and industry rank for Aroa Biosurgery's Days Inventory or its related term are showing as below:
ASX:ARX'
s Days Inventory Range Over the Past 10 Years
Min: 146.82 Med: 162.18 Max: 210.43
Current: 192.69
During the past 4 years, Aroa Biosurgery's highest Days Inventory was 210.43. The lowest was 146.82. And the median was 162.18.
ASX:ARX's Days Inventory is ranked worse than 52.06% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs ASX:ARX: 192.69
Aroa Biosurgery's Days Inventory
increased
from Sep. 2022 (181.14) to Sep. 2023 (213.23).
It might indicate that Aroa Biosurgery's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Aroa Biosurgery's Inventory Turnover for the
six
months ended in Sep. 2023 was 0.86.
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.
Aroa Biosurgery's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 0.19.
Aroa Biosurgery Days Inventory Historical Data
The historical data trend for Aroa Biosurgery'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 Devices subindustry, Aroa Biosurgery'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.
Aroa Biosurgery Days Inventory Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Aroa Biosurgery's Days Inventory distribution charts can be found below:
* The bar in red indicates where Aroa Biosurgery's Days Inventory falls into.
Aroa Biosurgery Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Aroa Biosurgery's Days Inventory for the fiscal year that ended in Mar. 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.
Aroa Biosurgery (ASX:ARX) 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.
Aroa Biosurgery's Inventory Turnover for the
six
months ended in Sep. 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.
Aroa Biosurgery's Inventory to Revenue for the
six
months ended in Sep. 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.
Aroa Biosurgery Days Inventory Related Terms
Thank you for viewing the detailed overview of Aroa Biosurgery's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Aroa Biosurgery Ltd is a soft tissue regeneration company which develops, manufactures and sells medical devices for wound and soft tissue repair using its proprietary extracellular matrix (ECM) technology. It is focused on improving the rate and quality of healing in complex wounds and soft tissue reconstruction. The Company is in the business of developing, manufacturing and selling soft tissue repair products. The company's principal market is the United States where it has five key products for sale targeting chronic wounds, hernia, plastics, reconstructive surgery and trauma/limb salvage/tumor surgery.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:ARX has been successfully added to your