Days Inventory is also known as Days Sales of Inventory (DSI). NovoCure's Average Total Inventories for the
three
months ended in Mar. 2025 was $37.3 Mil. NovoCure's Cost of Goods Sold for the
three
months ended in Mar. 2025 was $38.5 Mil.
Hence, NovoCure's Days Inventory for the
three
months ended in Mar. 2025 was 88.30.
The historical rank and industry rank for NovoCure's Days Inventory or its related term are showing as below:
NVCR'
s Days Inventory Range Over the Past 10 Years
Min: 82.37 Med: 96.75 Max: 156.13
Current: 101
During the past 12 years, NovoCure's highest Days Inventory was 156.13. The lowest was 82.37. And the median was 96.75.
NVCR's Days Inventory is ranked better than 80.26% of 780
companies
in the Medical Devices & Instruments industry
Industry Median: 181.74
vs NVCR: 101.00
NovoCure's Days Inventory
declined
from Mar. 2024 (109.08) to Mar. 2025 (88.30).
Inventory Turnover measures how fast the company turns over its inventory within a year.
NovoCure's Inventory Turnover for the
three
months ended in Mar. 2025 was 1.03.
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.
NovoCure's Inventory-to-Revenue for the
three
months ended in Mar. 2025 was 0.24.
NovoCure Days Inventory Historical Data
The historical data trend for NovoCure'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 NovoCure's Days Inventory
For the Medical Devices subindustry, NovoCure'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.
NovoCure's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, NovoCure's Days Inventory distribution charts can be found below:
* The bar in red indicates where NovoCure's Days Inventory falls into.
* 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.
NovoCure (NAS:NVCR) 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.
NovoCure's Inventory Turnover for the
three
months ended in Mar. 2025 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.
NovoCure's Inventory to Revenue for the
three
months ended in Mar. 2025 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.
NovoCure Days Inventory Related Terms
Thank you for viewing the detailed overview of NovoCure's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
NovoCure Ltd is an oncology company with a propreitary platform technology in United States. Its business involves the development, manufacture and commercialization of Tumor Treating Fields (TTFields) devices, including Optune Gio and Optune Lua, for the treatment of solid tumor cancers. Its pipeline consists of Trident, Lunar-2, Panova-3, Metis and other products and technologies for the treatment of Glioblastoma, Non-smell cell lung cancer and Pancreatic cancer. Geographically, the company derives majority of its revenue from the United States and rest from Germany, Japan and other markets.
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