GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Solventum Corp (FRA:KB7) » Definitions » Days Inventory

Solventum (FRA:KB7) Days Inventory : 88.96 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Solventum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Solventum's Average Total Inventories for the three months ended in Dec. 2024 was €890 Mil. Solventum's Cost of Goods Sold for the three months ended in Dec. 2024 was €913 Mil. Hence, Solventum's Days Inventory for the three months ended in Dec. 2024 was 88.96.

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

FRA:KB7' s Days Inventory Range Over the Past 10 Years
Min: 89.58   Med: 90.47   Max: 91.36
Current: 91.23

During the past 5 years, Solventum's highest Days Inventory was 91.36. The lowest was 89.58. And the median was 90.47.

FRA:KB7's Days Inventory is ranked better than
84.42% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 183.36 vs FRA:KB7: 91.23

Solventum's Days Inventory declined from Dec. 2023 (89.61) to Dec. 2024 (88.96).

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. Solventum's Inventory Turnover for the three months ended in Dec. 2024 was 1.03.

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. Solventum's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.45.


Solventum Days Inventory Historical Data

The historical data trend for Solventum'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.

Solventum Days Inventory Chart

Solventum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
- 91.36 86.88 91.44 89.13

Solventum Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 89.61 94.88 86.57 93.54 88.96

Competitive Comparison of Solventum's Days Inventory

For the Medical Instruments & Supplies subindustry, Solventum'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.


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

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

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


;
;

Solventum Days Inventory Calculation

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

Solventum's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (785.869 + 921.575) / 2 ) / 3496.255*365
=853.722 / 3496.255*365
=89.13

Solventum's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (858.653 + 921.575) / 2 ) / 912.98*365 / 4
=890.114 / 912.98*365 / 4
=88.96

* 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.


Solventum  (FRA:KB7) 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.

Solventum's Inventory Turnover for the three months ended in Dec. 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.

Solventum's Inventory to Revenue for the three months ended in Dec. 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.


Solventum Days Inventory Related Terms

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


Solventum Business Description

Traded in Other Exchanges
Address
2510 Conway Avenue East, 3M Center, Building 275-6W, Maplewood, MN, USA, 55144
Solventum Corp is a healthcare company developing, manufacturing, and commercializing a portfolio of solutions that leverage deep material science, data science, and digital capabilities to address critical customer and patient needs. The company has four operating segments: MedSurg, Dental Solutions, Health Information Systems, and Purification and Filtration. The company generates the majority of its revenue from the MedSurg segment, which provides wound care and surgical solutions that are intended to accelerate healing, prevent complications, and lower the total cost of care globally.

Solventum Headlines

No Headlines