Days Inventory is also known as Days Sales of Inventory (DSI). NanoString Technologies's Average Total Inventories for the
three
months ended in Sep. 2023 was $52.0 Mil. NanoString Technologies's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $30.7 Mil.
Hence, NanoString Technologies's Days Inventory for the
three
months ended in Sep. 2023 was 154.64.
The historical rank and industry rank for NanoString Technologies's Days Inventory or its related term are showing as below:
NSTGQ'
s Days Inventory Range Over the Past 10 Years
Min: 105.23 Med: 146.48 Max: 208.38
Current: 167.59
During the past 13 years, NanoString Technologies's highest Days Inventory was 208.38. The lowest was 105.23. And the median was 146.48.
NSTGQ's Days Inventory is ranked better than 57.6% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs NSTGQ: 167.59
NanoString Technologies's Days Inventory
declined
from Sep. 2022 (290.20) to Sep. 2023 (154.64).
Inventory Turnover measures how fast the company turns over its inventory within a year.
NanoString Technologies's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.59.
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.
NanoString Technologies's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 1.08.
NanoString Technologies Days Inventory Historical Data
The historical data trend for NanoString 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 NanoString Technologies's Days Inventory
For the Medical Instruments & Supplies subindustry, NanoString 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.
NanoString Technologies's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, NanoString Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where NanoString Technologies's Days Inventory falls into.
NanoString Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NanoString Technologies's Days Inventory for the fiscal year that ended in Dec. 2022 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.
NanoString Technologies (OTCPK:NSTGQ) 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.
NanoString Technologies's Inventory Turnover for the
three
months ended in Sep. 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.
NanoString Technologies's Inventory to Revenue for the
three
months 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.
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.
NanoString Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of NanoString Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
NanoString Technologies (NanoString Technologies) Business Description
NanoString Technologies Inc is engaged in the development, manufacturing and commercialization of instruments, consumables, and services for efficiently profiling the activity of hundreds of genes and proteins simultaneously from a single tissue sample. Its core technology includes proprietary chemistries that enable the labeling and counting of single molecules. The firm uses its technology to develop tools for scientific and clinical research, primarily in the fields of genomics and proteomics. It offers two product platforms such as nCounter Analysis System or nCounter, and GeoMx Digital Spatial Profiler or DSP system both include instruments, related consumables, and software. NanoString Technologies generates revenue from the sale of products and related services and collaborations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSTGQ has been successfully added to your 