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Ascom Holding AG (CHIX:ASCNZ) Days Inventory : 96.70 (As of Dec. 2023)


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What is Ascom Holding AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ascom Holding AG's Average Total Inventories for the six months ended in Dec. 2023 was CHF40.8 Mil. Ascom Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF77.0 Mil. Hence, Ascom Holding AG's Days Inventory for the six months ended in Dec. 2023 was 96.70.

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

CHIX:ASCNz' s Days Inventory Range Over the Past 10 Years
Min: 42.38   Med: 53.49   Max: 93.03
Current: 93.03

During the past 13 years, Ascom Holding AG's highest Days Inventory was 93.03. The lowest was 42.38. And the median was 53.49.

CHIX:ASCNz's Days Inventory is ranked worse than
81.8% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: 33.01 vs CHIX:ASCNz: 93.03

Ascom Holding AG's Days Inventory increased from Dec. 2022 (85.35) to Dec. 2023 (96.70). It might indicate that Ascom Holding AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ascom Holding AG's Inventory Turnover for the six months ended in Dec. 2023 was 1.89.

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. Ascom Holding AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.


Ascom Holding AG Days Inventory Historical Data

The historical data trend for Ascom 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.

Ascom Holding AG Days Inventory Chart

Ascom Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.53 61.66 59.77 73.88 89.67

Ascom 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 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 60.80 70.76 85.35 92.75 96.70

Competitive Comparison of Ascom Holding AG's Days Inventory

For the Health Information Services subindustry, Ascom 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.


Ascom Holding AG's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ascom Holding AG's Days Inventory distribution charts can be found below:

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



Ascom Holding AG Days Inventory Calculation

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

Ascom 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
=( (37.6 + 39) / 2 ) / 155.9*365
=38.3 / 155.9*365
=89.67

Ascom 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
=( (42.6 + 39) / 2 ) / 77*365 / 2
=40.8 / 77*365 / 2
=96.70

* 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.


Ascom Holding AG  (CHIX:ASCNz) 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.

Ascom Holding AG'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.

Ascom Holding AG'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.


Ascom Holding AG Days Inventory Related Terms

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


Ascom Holding AG (CHIX:ASCNZ) Business Description

Traded in Other Exchanges
Address
Zugerstrasse 32, Baar, CHE, 6340
Ascom Holding AG is a global solutions provider focused on healthcare ICT and mobile workflow solutions. The company consists of a business unit, the purpose of which is to use its unique product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide digitalized, complete and efficient workflows for healthcare as well as for industry, security, and retail sectors. The compnay has three segment OEM, Enterprise, Healthcare. It derives a majority of revenue from healthcare segment.

Ascom Holding AG (CHIX:ASCNZ) Headlines

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