Days Inventory is also known as Days Sales of Inventory (DSI). Becton Dickinson's Average Total Inventories for the
three
months ended in Dec. 2023 was $3,289 Mil. Becton Dickinson's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,679 Mil.
Hence, Becton Dickinson's Days Inventory for the
three
months ended in Dec. 2023 was 112.01.
The historical rank and industry rank for Becton Dickinson's Days Inventory or its related term are showing as below:
BDX'
s Days Inventory Range Over the Past 10 Years
Min: 89.41 Med: 104.75 Max: 127.55
Current: 111.3
During the past 13 years, Becton Dickinson's highest Days Inventory was 127.55. The lowest was 89.41. And the median was 104.75.
BDX's Days Inventory is ranked better than 78.87% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs BDX: 111.30
Becton Dickinson's Days Inventory
declined
from Dec. 2022 (127.00) to Dec. 2023 (112.01).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Becton Dickinson's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.81.
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.
Becton Dickinson's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.70.
Becton Dickinson Days Inventory Historical Data
The historical data trend for Becton Dickinson'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.
For the Medical Instruments & Supplies subindustry, Becton Dickinson'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.
Becton Dickinson Days Inventory Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Becton Dickinson's Days Inventory distribution charts can be found below:
* The bar in red indicates where Becton Dickinson's Days Inventory falls into.
Becton Dickinson Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Becton Dickinson's Days Inventory for the fiscal year that 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.
Becton Dickinson (NYSE:BDX) 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.
Becton Dickinson'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.
Becton Dickinson'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.
Becton Dickinson Days Inventory Related Terms
Thank you for viewing the detailed overview of Becton Dickinson's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Becton Dickinson (Becton Dickinson) Business Description
Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures pre-filled devices, diagnostic instruments and reagents, as well as flow cytometry and cell-imaging systems. BD Medical is nearly half of the total business, while BD Life Sciences (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.
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