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Ansell (ASX:ANN) Days Inventory : 169.50 (As of Jun. 2024)


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What is Ansell Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ansell's Average Total Inventories for the six months ended in Jun. 2024 was A$711 Mil. Ansell's Cost of Goods Sold for the six months ended in Jun. 2024 was A$765 Mil. Hence, Ansell's Days Inventory for the six months ended in Jun. 2024 was 169.50.

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

ASX:ANN' s Days Inventory Range Over the Past 10 Years
Min: 114.67   Med: 138.74   Max: 179.96
Current: 179.87

During the past 13 years, Ansell's highest Days Inventory was 179.96. The lowest was 114.67. And the median was 138.74.

ASX:ANN's Days Inventory is ranked better than
52.69% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 186.935 vs ASX:ANN: 179.87

Ansell's Days Inventory declined from Jun. 2023 (199.64) to Jun. 2024 (169.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ansell's Inventory Turnover for the six months ended in Jun. 2024 was 1.08.

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. Ansell's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.57.


Ansell Days Inventory Historical Data

The historical data trend for Ansell'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.

Ansell Days Inventory Chart

Ansell Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.32 148.17 153.67 179.96 179.55

Ansell Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial 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 164.64 187.87 199.64 190.40 169.50

Competitive Comparison of Ansell's Days Inventory

For the Medical Instruments & Supplies subindustry, Ansell'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.


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

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

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



Ansell Days Inventory Calculation

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

Ansell's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (783.889 + 689.597) / 2 ) / 1497.717*365
=736.743 / 1497.717*365
=179.55

Ansell's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (732.06 + 689.597) / 2 ) / 765.349*365 / 2
=710.8285 / 765.349*365 / 2
=169.50

* 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.


Ansell  (ASX:ANN) 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.

Ansell's Inventory Turnover for the six months ended in Jun. 2024 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.

Ansell's Inventory to Revenue for the six months ended in Jun. 2024 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.


Ansell Days Inventory Related Terms

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


Ansell Business Description

Traded in Other Exchanges
Address
678 Victoria Street, Level 3, Richmond, VIC, AUS, 3121
Ansell is a leading supplier of protective gloves for use in healthcare and industrial settings, earning approximately 60% of revenue and 70% of operating profit from the healthcare segment and the remainder from the industrial segment. The company holds a large number of patents and the majority of sales come from its key branded product ranges. Ansell has a global manufacturing and distribution footprint and distributes via key partners as well as directly across more than 100 countries. In fiscal 2022, Ansell earned 45% of revenue in North America, 33% from Europe, Middle East and Africa, 14% across Asia-Pacific and the remaining 8% in Latin America.

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