The historical rank and industry rank for Mirion Technologies's Days Inventory or its related term are showing as below:
GSAH.U'
s Days Inventory Range Over the Past 10 Years
Min: 118 Med: 118.74 Max: 125.21
Current: 125.21
During the past 6 years, Mirion Technologies's highest Days Inventory was 125.21. The lowest was 118.00. And the median was 118.74.
GSAH.U's Days Inventory is ranked worse than 52.18% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs GSAH.U: 125.21
Mirion Technologies's Days Inventory
increased
from Dec. 2022 (108.08) to Dec. 2023 (112.21).
It might indicate that Mirion Technologies's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mirion Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.81.
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.
Mirion Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.65.
Mirion Technologies Days Inventory Historical Data
The historical data trend for Mirion Technologies'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 Mirion Technologies's Days Inventory
For the Specialty Industrial Machinery subindustry, Mirion Technologies'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.
Mirion Technologies's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirion Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mirion Technologies's Days Inventory falls into.
Mirion Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mirion Technologies'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.
Mirion Technologies (NYSE:GSAH.U) 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.
Mirion Technologies'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.
Mirion Technologies'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.
Mirion Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Mirion Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Mirion Technologies (Mirion Technologies) Business Description
Mirion Technologies Inc provides products, services, and software that allows customers to safely leverage the power of ionizing radiation for the greater good of humanity through critical applications in the medical, nuclear, defense markets, as well as laboratories, scientific research, analysis and exploration. The Company manages its operations through two segments: Medical and Industrial. The Medical segment provides radiation oncology quality assurance, delivering patient safety solutions for diagnostic imaging and radiation therapy centers. The Industrial segment provides robust, field ready personal radiation detection and identification equipment for defense applications and radiation detection and analysis tools for power plants, labs, and research applications.
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