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NuGen Medical Devices (FRA:79O) Days Inventory : 148.53 (As of Sep. 2024)


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What is NuGen Medical Devices Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NuGen Medical Devices's Average Total Inventories for the three months ended in Sep. 2024 was €0.29 Mil. NuGen Medical Devices's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.18 Mil. Hence, NuGen Medical Devices's Days Inventory for the three months ended in Sep. 2024 was 148.53.

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

FRA:79O' s Days Inventory Range Over the Past 10 Years
Min: 91.25   Med: 295.34   Max: 314.43
Current: 243.69

During the past 4 years, NuGen Medical Devices's highest Days Inventory was 314.43. The lowest was 91.25. And the median was 295.34.

FRA:79O's Days Inventory is ranked worse than
66.75% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 187.04 vs FRA:79O: 243.69

NuGen Medical Devices's Days Inventory declined from Sep. 2023 (182.50) to Sep. 2024 (148.53).

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. NuGen Medical Devices's Inventory Turnover for the three months ended in Sep. 2024 was 0.61.

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. NuGen Medical Devices's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.83.


NuGen Medical Devices Days Inventory Historical Data

The historical data trend for NuGen Medical Devices'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.

NuGen Medical Devices Days Inventory Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
273.75 88.31 310.74 318.16

NuGen Medical Devices Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 182.50 123.93 883.17 5,589.06 148.53

Competitive Comparison of NuGen Medical Devices's Days Inventory

For the Medical Devices subindustry, NuGen Medical Devices'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.


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

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

* The bar in red indicates where NuGen Medical Devices's Days Inventory falls into.



NuGen Medical Devices Days Inventory Calculation

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

NuGen Medical Devices'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
=( (0.054 + 0.143) / 2 ) / 0.113*365
=0.0985 / 0.113*365
=318.16

NuGen Medical Devices's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.362 + 0.224) / 2 ) / 0.18*365 / 4
=0.293 / 0.18*365 / 4
=148.53

* 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.


NuGen Medical Devices  (FRA:79O) 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.

NuGen Medical Devices's Inventory Turnover for the three months ended in Sep. 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.

NuGen Medical Devices's Inventory to Revenue for the three months ended in Sep. 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.


NuGen Medical Devices Days Inventory Related Terms

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


NuGen Medical Devices Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needless injector devices. Geographically the company generates revenue from Europe followed by Asia, North America and others.

NuGen Medical Devices Headlines

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