GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zylox-Tonbridge Medical Technology Co Ltd (FRA:818) » Definitions » Days Inventory

Zylox-Tonbridge Medical Technology Co (FRA:818) Days Inventory : 292.14 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Zylox-Tonbridge Medical Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zylox-Tonbridge Medical Technology Co's Average Total Inventories for the six months ended in Jun. 2024 was €21.54 Mil. Zylox-Tonbridge Medical Technology Co's Cost of Goods Sold for the six months ended in Jun. 2024 was €13.46 Mil. Hence, Zylox-Tonbridge Medical Technology Co's Days Inventory for the six months ended in Jun. 2024 was 292.14.

The historical rank and industry rank for Zylox-Tonbridge Medical Technology Co's Days Inventory or its related term are showing as below:

FRA:818' s Days Inventory Range Over the Past 10 Years
Min: 318.4   Med: 408.04   Max: 975.42
Current: 318.4

During the past 5 years, Zylox-Tonbridge Medical Technology Co's highest Days Inventory was 975.42. The lowest was 318.40. And the median was 408.04.

FRA:818's Days Inventory is ranked worse than
76.11% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 195.56 vs FRA:818: 318.40

Zylox-Tonbridge Medical Technology Co's Days Inventory declined from Jun. 2023 (430.45) to Jun. 2024 (292.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zylox-Tonbridge Medical Technology Co's Inventory Turnover for the six months ended in Jun. 2024 was 0.62.

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. Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.46.

Zylox-Tonbridge Medical Technology Co Days Inventory Historical Data

The historical data trend for Zylox-Tonbridge Medical Technology Co'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.

Zylox-Tonbridge Medical Technology Co Days Inventory Chart

Zylox-Tonbridge Medical Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
975.12 629.79 331.10 399.04 373.61

Zylox-Tonbridge Medical Technology Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 334.95 419.97 430.45 353.28 292.14

Competitive Comparison of Zylox-Tonbridge Medical Technology Co's Days Inventory

For the Medical Devices subindustry, Zylox-Tonbridge Medical Technology Co'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.

Zylox-Tonbridge Medical Technology Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zylox-Tonbridge Medical Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zylox-Tonbridge Medical Technology Co's Days Inventory falls into.


Zylox-Tonbridge Medical Technology Co Days Inventory Calculation

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

Zylox-Tonbridge Medical Technology Co'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
=( (16.146 + 21.389) / 2 ) / 18.335*365
=18.7675 / 18.335*365
=373.61

Zylox-Tonbridge Medical Technology Co'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
=( (21.389 + 21.691) / 2 ) / 13.456*365 / 2
=21.54 / 13.456*365 / 2
=292.14

* 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.

Zylox-Tonbridge Medical Technology Co  (FRA:818) 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.

Zylox-Tonbridge Medical Technology Co's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=13.456 / 21.54
=0.62

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.

Zylox-Tonbridge Medical Technology Co's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=21.54 / 46.867
=0.46

* 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.

Zylox-Tonbridge Medical Technology Co Days Inventory Related Terms

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

Zylox-Tonbridge Medical Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zylox-Tonbridge Medical Technology Co Ltd (FRA:818) » Definitions » Days Inventory
Comparable Companies
HKSE:06669 HKSE:01763 HKSE:02160 HKSE:06922 HKSE:01696 HKSE:09996 HKSE:02500 HKSE:02235 HKSE:06118 HKSE:02407 ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA
Traded in Other Exchanges
02190:Hong Kong
Address
No. 18 Keji Avenue, Yuhang Street, 1st & 2nd Floors, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN
Website
https://www.zyloxtb.com
Zylox-Tonbridge Medical Technology Co Ltd is principally engaged in providing solutions to patients and physicians with a product portfolio covering peripheral-vascular interventional devices and neurovascular interventional devices in China and other countries.

Zylox-Tonbridge Medical Technology Co Headlines

No Headlines