Days Inventory is also known as Days Sales of Inventory (DSI). Beyond Air's Average Total Inventories for the
three
months ended in Dec. 2023 was €1.44 Mil. Beyond Air's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €0.69 Mil.
Hence, Beyond Air's Days Inventory for the
three
months ended in Dec. 2023 was 191.89.
The historical rank and industry rank for Beyond Air's Days Inventory or its related term are showing as below:
FRA:48L'
s Days Inventory Range Over the Past 10 Years
Min: 266.31 Med: 486.34 Max: 486.34
Current: 266.31
During the past 9 years, Beyond Air's highest Days Inventory was 486.34. The lowest was 266.31. And the median was 486.34.
FRA:48L's Days Inventory is ranked worse than 68.87% of 771
companies
in the Medical Devices & Instruments industry
Industry Median: 193.31
vs FRA:48L: 266.31
Beyond Air's Days Inventory
declined
from Dec. 2022 (1,154.88) to Dec. 2023 (191.89).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Beyond Air's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.48.
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.
Beyond Air's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 4.01.
Beyond Air Days Inventory Historical Data
The historical data trend for Beyond Air'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 Beyond Air's Days Inventory
For the Medical Devices subindustry, Beyond Air'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.
Beyond Air's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Beyond Air's Days Inventory distribution charts can be found below:
* The bar in red indicates where Beyond Air's Days Inventory falls into.
Beyond Air Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Beyond Air's Days Inventory for the fiscal year that ended in Mar. 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.
Beyond Air (FRA:48L) 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.
Beyond Air's Inventory Turnover for the
three
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.
Beyond Air's Inventory to Revenue for the
three
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.
Beyond Air Days Inventory Related Terms
Thank you for viewing the detailed overview of Beyond Air's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Beyond Air Inc is a clinical-stage medical device and biopharmaceutical company that develops a Nitric Oxide (NO) Generator and Delivery System that uses NO generated from ambient air and delivers precise amounts of NO to the lungs for the potential treatment of respiratory and other diseases. The firm is applying its therapeutic expertise to develop treatments for pulmonary hypertension, in addition to treatments for lower respiratory tract infections.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:48L has been successfully added to your 