The historical rank and industry rank for Carl Zeiss Meditec AG's Days Inventory or its related term are showing as below:
FRA:AFX'
s Days Inventory Range Over the Past 10 Years
Min: 131.96 Med: 152.66 Max: 186.52
Current: 183.14
During the past 13 years, Carl Zeiss Meditec AG's highest Days Inventory was 186.52. The lowest was 131.96. And the median was 152.66.
FRA:AFX's Days Inventory is ranked better than 51.42% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 187.12
vs FRA:AFX: 183.14
Inventory Turnover measures how fast the company turns over its inventory within a year.
Carl Zeiss Meditec AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.43.
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.
Carl Zeiss Meditec AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.10.
Carl Zeiss Meditec AG Days Inventory Historical Data
The historical data trend for Carl Zeiss Meditec 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 Carl Zeiss Meditec AG's Days Inventory
For the Medical Instruments & Supplies subindustry, Carl Zeiss Meditec 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.
Carl Zeiss Meditec AG's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Carl Zeiss Meditec AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Carl Zeiss Meditec AG's Days Inventory falls into.
Carl Zeiss Meditec AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Carl Zeiss Meditec AG's Days Inventory for the fiscal year that 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.
Carl Zeiss Meditec AG (FRA:AFX) 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.
Carl Zeiss Meditec AG'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.
Carl Zeiss Meditec AG'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.
Carl Zeiss Meditec AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Carl Zeiss Meditec AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Carl Zeiss Meditec AG (FRA:AFX) Business Description
Carl Zeiss Meditec is one of the largest medical technology companies in the world and it operates in two segments: Ophthalmic devices and Microsurgery. OPT, which made up 75% of sales in 2022, includes refractive lasers, surgical ophthalmic devices, equipment for ophthalmic diagnostics, as well as a portfolio of intraocular lenses and disposable medical instruments. With a low-teens share of the market, Zeiss is the second-largest player in the space. MCS is composed of implants, surgical instruments, and visualization devices used during neurosurgery, spine surgery, and otolaryngology surgery. With over 60% market share, Zeiss is the clear leader in the microsurgery space.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:AFX has been successfully added to your 