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Steris Days Inventory

: 76.43 (As of Jun. 2021)
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Steris's Total Inventories for the three months ended in Jun. 2021 was $454 Mil. Steris's Cost of Goods Sold for the three months ended in Jun. 2021 was $542 Mil. Hence, Steris's Days Inventory for the three months ended in Jun. 2021 was 76.43.

The historical rank and industry rank for Steris's Days Inventory or its related term are showing as below:

NYSE:STE' s Days Inventory Range Over the Past 10 Years
Min: 44.93   Med: 51.96   Max: 70.76
Current: 66.72

44.93
70.76

During the past 13 years, Steris's highest Days Inventory was 70.76. The lowest was 44.93. And the median was 51.96.

NYSE:STE's Days Inventory is ranked higher than
89% of the 663 Companies
in the Medical Devices & Instruments industry.

( Industry Median: 168.48 vs. NYSE:STE: 66.72 )

Steris's Days Inventory increased from Jun. 2020 (64.63) to Jun. 2021 (76.43). It might indicate that Steris's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Steris's Inventory Turnover for the three months ended in Jun. 2021 was 1.19.

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. Steris's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.47.


Steris Days Inventory Historical Data

The historical data trend for Steris'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.

Steris Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.93 48.22 47.01 50.33 59.85

Steris Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.63 59.49 56.43 56.51 76.43

Competitive Comparison

For the Medical Devices subindustry, Steris'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.

   

Steris Days Inventory Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Steris's Days Inventory distribution charts can be found below:

* The bar in red indicates where Steris's Days Inventory falls into.



Steris Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Steris's Days Inventory for the fiscal year that ended in Mar. 2021 is calculated as

Days Inventory (A: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2020 ) + Total Inventories (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (263.544 + 315.067) / 2 ) / 1764.419*365
=289.3055 / 1764.419*365
=59.85

Steris's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (315.067 + 593.067) / 2 ) / 542.14*365 / 4
=454.067 / 542.14*365 / 4
=76.43

* 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.


Steris  (NYSE:STE) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Steris's Days Sales of Inventory for the three months ended in Jun. 2021 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=454.067/968.422*365 / 4
=42.78

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Steris's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

3. 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.

Steris's Inventory to Revenue for the three months ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=454.067 / 968.422
=0.47

* 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.


Steris Days Inventory Related Terms

Thank you for viewing the detailed overview of Steris's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Steris Business Description

Steris logo
Industry
Traded in Other Exchanges
Address
5960 Heisley Road, Mentor, OH, USA, 44060
Steris is an Ireland-domiciled medical device company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Additionally, Steris sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its 2015 inversion to Ireland, the firm continues to derive roughly 70% of revenue from its U.S. operations, 10% from the United Kingdom, and the remaining 20% from other international regions.
Executives
Tokich Michael J officer: Sr. Vice Pres., CFO C/O STERIS CORP 5960 HEISLEY RD MENTOR OH 44060
Carestio Daniel A officer: Sr VP and Chief Operating Off 5960 HEISLEY ROAD MENTOR OH 44060
Zangerle John Adam officer: Sr. VP, Gen Counsel, and Sec. 5960 HEISLEY ROAD MENTOR OH 44060
Madsen Julia officer: Senior VP, Life Sciences 5960 HEISLEY ROAD MENTOR OH 44060
Breeden Richard C director 100 SOUTH WACKER SUITE 1800 CHICAGO IL 60606
Majors Cary L officer: Sr VP N America Com Operations 5960 HEISLEY ROAD MENTOR OH 44060
Rosebrough Walter M Jr director, officer: President & CEO 5960 HEISLEY ROAD MENTOR OH 44060
Kosecoff Jacqueline B director 5995 PLAZA DR CYPRESS CA 90630
Fraser Mary Clare officer: Vice President & Chief HRO 5960 HEISLEY ROAD MENTOR OH 44060
Shah Nirav R director 5960 HEISLEY ROAD MENTOR OH 44060
Steeves Richard Martin director 5960 HEISLEY ROAD MENTOR OH 44060
Sohi Mohsen director C/O STERIS CORPORATION 5960 HEISLEY ROAD MENTOR OH 44060
Holland Christopher S director ARAMARK CORP 1101 MARKET ST 29TH FLOOR PHILADELPHIA PA 19107
Feldmann Cynthia L director 17 WINTHROP ROAD WAYLAND MA 01778
Lewis David B director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: LEWIS DAVID B a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Steris Headlines

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