GE HealthCare Technologies (FRA:L0T) Days Inventory : 59.10 (As of Dec. 2024)

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What is GE HealthCare Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GE HealthCare Technologies's Average Total Inventories for the three months ended in Dec. 2024 was €1,883 Mil. GE HealthCare Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was €2,907 Mil. Hence, GE HealthCare Technologies's Days Inventory for the three months ended in Dec. 2024 was 59.10.

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

FRA:L0T' s Days Inventory Range Over the Past 10 Years
Min: 55.96 Med: 62.05 Max: 67.05
Current: 63.89

During the past 6 years, GE HealthCare Technologies's highest Days Inventory was 67.05. The lowest was 55.96. And the median was 62.05.

FRA:L0T's Days Inventory is ranked worse than
71.72% of 488 companies
in the Healthcare Providers & Services industry
Industry Median: 31.02 vs FRA:L0T: 63.89

GE HealthCare Technologies's Days Inventory declined from Dec. 2023 (61.85) to Dec. 2024 (59.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. GE HealthCare Technologies's Inventory Turnover for the three months ended in Dec. 2024 was 1.54.

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. GE HealthCare Technologies's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.37.

GE HealthCare Technologies Days Inventory Historical Data

The historical data trend for GE HealthCare Technologies'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.

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GE HealthCare Technologies Days Inventory Chart

GE HealthCare Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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55.96

60.07

65.06

65.57

60.81

GE HealthCare Technologies Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial									61.85	65.46	64.21	67.70	59.10

Competitive Comparison of GE HealthCare Technologies's Days Inventory

For the Health Information Services subindustry, GE HealthCare Technologies'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.

GE HealthCare Technologies's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, GE HealthCare Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where GE HealthCare Technologies's Days Inventory falls into.

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GE HealthCare Technologies Days Inventory Calculation

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

GE HealthCare Technologies'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
=	( (1797.32	+	1851.745)	/	2 )	/	10950.985	*	365
=	1824.5325					/	10950.985	*	365
=	60.81

GE HealthCare Technologies'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
=	( (1913.724	+	1851.745)	/	2 )	/	2907.02	*	365 / 4
=	1882.7345					/	2907.02	*	365 / 4
=	59.10

GE HealthCare Technologies (FRA:L0T) 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.

GE HealthCare Technologies's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2907.02	/	1882.7345
	=	1.54

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.

GE HealthCare Technologies's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1882.7345	/	5079.645
	=	0.37

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.

GE HealthCare Technologies Days Inventory Related Terms

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

GE HealthCare Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » GE HealthCare Technologies Inc (FRA:L0T) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GEHC:USA GEHC:Mexico L0T:Germany

Address

500 West Monroe Street, Chicago, IL, USA, 60661

Website

https://www.gehealthcare.com

GE HealthCare Technologies is a leading medical technology firm with leading market share in imaging and ultrasound equipment. The company reports four major segments: imaging (45% of revenue), advanced visualization solutions (26%), patient care solutions (16%), and pharmaceutical diagnostics (13%). The company's sales are geographically diverse, with the United States, EMEA, China, and the rest of the world accounting for 46%, 26%, 12%, and 17% respectively. We estimate approximately half of its revenue is recurring, which consists of servicing (about one third of revenue), pharmaceutical diagnostics (about 10%-15%), and digital solutions (just over 5%).

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