Days Inventory is also known as Days Sales of Inventory (DSI). LeMaitre Vascular's Average Total Inventories for the
three
months ended in Dec. 2023 was $51.8 Mil. LeMaitre Vascular's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $15.6 Mil.
Hence, LeMaitre Vascular's Days Inventory for the
three
months ended in Dec. 2023 was 302.64.
The historical rank and industry rank for LeMaitre Vascular's Days Inventory or its related term are showing as below:
LMAT'
s Days Inventory Range Over the Past 10 Years
Min: 218.88 Med: 263.3 Max: 300.96
Current: 271.24
During the past 13 years, LeMaitre Vascular's highest Days Inventory was 300.96. The lowest was 218.88. And the median was 263.30.
LMAT's Days Inventory is ranked worse than 71.01% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs LMAT: 271.24
LeMaitre Vascular's Days Inventory
increased
from Dec. 2022 (268.58) to Dec. 2023 (302.64).
It might indicate that LeMaitre Vascular's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
LeMaitre Vascular's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.30.
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.
LeMaitre Vascular's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.06.
LeMaitre Vascular Days Inventory Historical Data
The historical data trend for LeMaitre Vascular'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 LeMaitre Vascular's Days Inventory
For the Medical Instruments & Supplies subindustry, LeMaitre Vascular'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.
LeMaitre Vascular's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, LeMaitre Vascular's Days Inventory distribution charts can be found below:
* The bar in red indicates where LeMaitre Vascular's Days Inventory falls into.
LeMaitre Vascular Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
LeMaitre Vascular'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.
LeMaitre Vascular (NAS:LMAT) 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.
LeMaitre Vascular'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.
LeMaitre Vascular'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.
LeMaitre Vascular Days Inventory Related Terms
Thank you for viewing the detailed overview of LeMaitre Vascular's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
LeMaitre Vascular (LeMaitre Vascular) Business Description
LeMaitre Vascular Inc manufactures and distributes medical devices for the treatment of peripheral vascular disease. Its products are primarily used during open vascular surgery and address several anatomical areas, such as the carotid, lower extremities, upper extremities, and aorta. The firm's lower extremities product line contributes the largest proportion of revenue, followed by the carotid product line. LeMaitre's surgical devices include angioscopes, balloon catheters, carotid shunts, phlebectomy devices, vascular grafts, vascular patches, and vessel closure systems. LeMaitre generates the majority of its revenue in the United States.
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