Days Inventory is also known as Days Sales of Inventory (DSI). AVITA Medical's Average Total Inventories for the
three
months ended in Dec. 2023 was $4.99 Mil. AVITA Medical's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1.80 Mil.
Hence, AVITA Medical's Days Inventory for the
three
months ended in Dec. 2023 was 253.35.
The historical rank and industry rank for AVITA Medical's Days Inventory or its related term are showing as below:
RCEL'
s Days Inventory Range Over the Past 10 Years
Min: 85.04 Med: 302.09 Max: 933.52
Current: 168.58
During the past 13 years, AVITA Medical's highest Days Inventory was 933.52. The lowest was 85.04. And the median was 302.09.
RCEL's Days Inventory is ranked better than 57.53% of 777
companies
in the Medical Devices & Instruments industry
Industry Median: 187.06
vs RCEL: 168.58
AVITA Medical's Days Inventory
increased
from Dec. 2022 (138.37) to Dec. 2023 (253.35).
It might indicate that AVITA Medical's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AVITA Medical's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.36.
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.
AVITA Medical's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.35.
AVITA Medical Days Inventory Historical Data
The historical data trend for AVITA Medical'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.
* Premium members only.
AVITA Medical Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Dec22
Dec23
Days Inventory
228.45
114.61
85.04
113.95
181.12
AVITA Medical Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
138.37
135.10
121.49
160.54
253.35
Competitive Comparison
For the Medical Devices subindustry, AVITA Medical'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.
AVITA Medical Days Inventory Distribution
For the Medical Devices & Instruments industry and Healthcare sector, AVITA Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where AVITA Medical's Days Inventory falls into.
AVITA Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AVITA Medical'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.
AVITA Medical (NAS:RCEL) 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.
AVITA Medical'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.
AVITA Medical'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.
AVITA Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of AVITA Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
AVITA Medical (AVITA Medical) Business Description
Avita is a single product company. Its RECELL system is an innovative burn treatment device which creates Spray-on Skin from a small skin sample within 30 minutes, thus avoiding or reducing the need for skin grafts. It's approved for the treatment of adult patients in the U.S. with paediatric clinical trials and expanded indications in soft-tissue reconstruction and vitiligo underway. It is currently in roll-out across the approximately 136 U.S. burn centers. Despite having product approval in Australia, Europe, Canada, and China, Avita is not actively marketing in those territories and focussing instead on the U.S. region. However, it is expected to launch in Japan via distribution partner Cosmotec in second-half fiscal 2022. Avita is domiciled, and has its primary listing, in the U.S.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RCEL has been successfully added to your 