Varian Medical Systems (Varian Medical Systems) Days Inventory : 118.25 (As of Dec. 2020)

Varian Medical Systems Days Inventory Chart

Varian Medical Systems Annual Data
	Trend	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20
Days Inventory		Get a 7-Day Free Trial					129.31	104.27	94.92	97.37	108.81

Varian Medical Systems Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Days Inventory	Get a 7-Day Free Trial															113.44	119.86	138.83	107.08	118.25

Competitive Comparison of Varian Medical Systems's Days Inventory

For the Medical Instruments & Supplies subindustry, Varian Medical Systems'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.

Varian Medical Systems's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Varian Medical Systems's Days Inventory falls into.

Varian Medical Systems Days Inventory Calculation

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

Varian Medical Systems's Days Inventory for the fiscal year that ended in Sep. 2020 is calculated as

Varian Medical Systems's Days Inventory for the quarter that ended in Dec. 2020 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.

Varian Medical Systems  (NYSE:VAR) 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.

Varian Medical Systems's Inventory Turnover for the three months ended in Dec. 2020 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.

Varian Medical Systems's Inventory to Revenue for the three months ended in Dec. 2020 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.

Varian Medical Systems Days Inventory Related Terms

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Varian Medical Systems (Varian Medical Systems) Business Description