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Osteopore (ASX:OSX) Days Inventory : 228.91 (As of Dec. 2023)


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What is Osteopore Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Osteopore's Average Total Inventories for the six months ended in Dec. 2023 was A$0.29 Mil. Osteopore's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.23 Mil. Hence, Osteopore's Days Inventory for the six months ended in Dec. 2023 was 228.91.

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

ASX:OSX' s Days Inventory Range Over the Past 10 Years
Min: 58.07   Med: 175.28   Max: 214.03
Current: 179.99

During the past 6 years, Osteopore's highest Days Inventory was 214.03. The lowest was 58.07. And the median was 175.28.

ASX:OSX's Days Inventory is ranked better than
53.67% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.74 vs ASX:OSX: 179.99

Osteopore's Days Inventory declined from Dec. 2022 (234.46) to Dec. 2023 (228.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Osteopore's Inventory Turnover for the six months ended in Dec. 2023 was 0.80.

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. Osteopore's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.21.


Osteopore Days Inventory Historical Data

The historical data trend for Osteopore'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.

Osteopore Days Inventory Chart

Osteopore Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 76.53 58.07 214.03 209.50 175.28

Osteopore Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only 269.05 200.84 234.46 151.74 228.91

Competitive Comparison of Osteopore's Days Inventory

For the Medical Instruments & Supplies subindustry, Osteopore'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.


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

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

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



Osteopore Days Inventory Calculation

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

Osteopore'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
=( (0.279 + 0.279) / 2 ) / 0.581*365
=0.279 / 0.581*365
=175.28

Osteopore'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
=( (0.303 + 0.279) / 2 ) / 0.232*365 / 2
=0.291 / 0.232*365 / 2
=228.91

* 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.


Osteopore  (ASX:OSX) 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.

Osteopore's Inventory Turnover for the six months ended in Dec. 2023 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.

Osteopore's Inventory to Revenue for the six months ended in Dec. 2023 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.


Osteopore Days Inventory Related Terms

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


Osteopore (ASX:OSX) Business Description

Traded in Other Exchanges
N/A
Address
Ground Floor, 16 Ord Street, West Perth, Perth, WA, AUS, 6005
Osteopore Ltd is engaged in the production of 3D printed bioresorbable implants that are used in conjunction with surgical procedures to assist bone healing. Its products include Osteoplug, which is a bioresorbable implant used for covering trephination burr holes in neurosurgery and Osteomesh which is a bioresorbable implant used in craniofacial surgery. Business operating segments are based on the firm's geographical presence in Singapore and Australia.

Osteopore (ASX:OSX) Headlines

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