Coltene Holding AG (XSWX:CLTN) Days Inventory

: 215.92 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Coltene Holding AG's Average Total Inventories for the six months ended in Dec. 2023 was CHF59.7 Mil. Coltene Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF50.4 Mil. Hence, Coltene Holding AG's Days Inventory for the six months ended in Dec. 2023 was 215.92.

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

XSWX:CLTN' s Days Inventory Range Over the Past 10 Years
Min: 198.62 Med: 227.35 Max: 243.15
Current: 231.02

During the past 13 years, Coltene Holding AG's highest Days Inventory was 243.15. The lowest was 198.62. And the median was 227.35.

XSWX:CLTN's Days Inventory is ranked worse than
62.34% of 778 companies
in the Medical Devices & Instruments industry
Industry Median: 187.12 vs XSWX:CLTN: 231.02

Coltene Holding AG's Days Inventory declined from Dec. 2022 (219.46) to Dec. 2023 (215.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Coltene Holding AG's Inventory Turnover for the six months ended in Dec. 2023 was 0.85.

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. Coltene Holding AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.54.

Coltene Holding AG Days Inventory Historical Data

The historical data trend for Coltene Holding 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.

* Premium members only.

Coltene Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

217.22

206.48

198.62

226.69

228.01

Coltene Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory																205.02	271.06	219.46	250.93	215.92

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Coltene Holding 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.

Coltene Holding AG Days Inventory Distribution

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

* The bar in red indicates where Coltene Holding AG's Days Inventory falls into.

Coltene Holding AG Days Inventory Calculation

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

Coltene Holding AG's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (62.816	+	57.017)	/	2 )	/	95.915	*	365
=	59.9165					/	95.915	*	365
=	228.01

Coltene Holding AG's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (62.29	+	57.017)	/	2 )	/	50.42	*	365 / 2
=	59.6535					/	50.42	*	365 / 2
=	215.92

Coltene Holding AG (XSWX:CLTN) 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.

Coltene Holding AG's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50.42	/	59.6535
	=	0.85

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.

Coltene Holding AG's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	59.6535	/	111.298
	=	0.54

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.

Coltene Holding AG Days Inventory Related Terms

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Coltene Holding AG (XSWX:CLTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Coltene Holding AG (XSWX:CLTN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CLHLF:USA CLTNz:UK

Address

Feldwiesenstrasse 20, Altstatten, CHE, 9450

Website

https://www.coltene.com

Coltene Holding AG is a Switzerland based company engaged in developing, manufacturing, and selling a range of disposables and tools for dentists and dental laboratories. It has its geographic presence in EMEA, North America, Latin America and Asia/Oceania.

Coltene Holding AG (XSWX:CLTN) Headlines

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