Days Inventory is also known as Days Sales of Inventory (DSI). McKesson Europe AG's Average Total Inventories for the
six
months ended in Mar. 2022 was $1,065 Mil. McKesson Europe AG's Cost of Goods Sold for the
six
months ended in Mar. 2022 was $9,310 Mil.
Hence, McKesson Europe AG's Days Inventory for the
six
months ended in Mar. 2022 was 20.87.
The historical rank and industry rank for McKesson Europe AG's Days Inventory or its related term are showing as below:
CAKFY's Days Inventory is not ranked *
in the Medical Distribution industry.
Industry Median: 62.15 * Ranked among companies with meaningful Days Inventory only.
McKesson Europe AG's Days Inventory
increased
from Mar. 2020 (34.92) to Mar. 2022 (41.75).
It might indicate that McKesson Europe AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
McKesson Europe AG's Inventory Turnover for the
six
months ended in Mar. 2022 was 8.74.
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.
McKesson Europe AG's Inventory-to-Revenue for the
six
months ended in Mar. 2022 was 0.10.
McKesson Europe AG Days Inventory Historical Data
The historical data trend for McKesson Europe AG'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 McKesson Europe AG's Days Inventory
For the Medical Distribution subindustry, McKesson Europe AG'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.
McKesson Europe AG's Days Inventory Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, McKesson Europe AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where McKesson Europe AG's Days Inventory falls into.
McKesson Europe AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
McKesson Europe AG's Days Inventory for the fiscal year that ended in Mar. 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.
McKesson Europe AG (OTCPK:CAKFY) 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.
McKesson Europe AG's Inventory Turnover for the
six
months ended in Mar. 2022 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.
McKesson Europe AG's Inventory to Revenue for the
six
months ended in Mar. 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.
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.
McKesson Europe AG Days Inventory Related Terms
Thank you for viewing the detailed overview of McKesson Europe AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
McKesson Europe AG (McKesson Europe AG) Business Description
McKesson Europe AG is a medical care company that provides logistics and services to the pharmaceutical and healthcare sectors. The company operates two distinct segments: Pharmaceutical Distribution and Retail Pharmacy. The Pharmaceutical Distribution business sells wholesale pharmaceutical products and generates the majority of the company's revenue. The Retail Pharmacy segment operates its own pharmacies in addition to franchise pharmacies that provide prescriptions and over-the-counter pharmaceutical products. Geographically, the company's revenue derives predominantly from the United Kingdom, France, Germany, and other countries.
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