Days Inventory is also known as Days Sales of Inventory (DSI). Viatris's Average Total Inventories for the
three
months ended in Dec. 2023 was $3,571 Mil. Viatris's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,241 Mil.
Hence, Viatris's Days Inventory for the
three
months ended in Dec. 2023 was 145.41.
The historical rank and industry rank for Viatris's Days Inventory or its related term are showing as below:
VTRS'
s Days Inventory Range Over the Past 10 Years
Min: 125.79 Med: 134.07 Max: 182.35
Current: 145.92
During the past 13 years, Viatris's highest Days Inventory was 182.35. The lowest was 125.79. And the median was 134.07.
VTRS's Days Inventory is ranked better than 54.67% of 975
companies
in the Drug Manufacturers industry
Industry Median: 157.9
vs VTRS: 145.92
Viatris's Days Inventory
increased
from Dec. 2022 (120.99) to Dec. 2023 (145.41).
It might indicate that Viatris's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Viatris's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.63.
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.
Viatris's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.93.
Viatris Days Inventory Historical Data
The historical data trend for Viatris'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.
Viatris Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
126.05
182.35
140.08
140.11
141.91
Viatris Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
120.99
149.87
144.30
148.26
145.41
Competitive Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Viatris'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.
Viatris Days Inventory Distribution
For the Drug Manufacturers industry and Healthcare sector, Viatris's Days Inventory distribution charts can be found below:
* The bar in red indicates where Viatris's Days Inventory falls into.
Viatris Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Viatris'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.
Viatris (NAS:VTRS) 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.
Viatris'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.
Viatris'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.
Viatris Days Inventory Related Terms
Thank you for viewing the detailed overview of Viatris's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. Remaining 60% of sales is derived from its portfolio of legacy products which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VTRS has been successfully added to your 