Demant AS (FRA:WDH1) Days Inventory : 171.49 (As of Dec. 2024)

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What is Demant AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Demant AS's Average Total Inventories for the six months ended in Dec. 2024 was €347 Mil. Demant AS's Cost of Goods Sold for the six months ended in Dec. 2024 was €369 Mil. Hence, Demant AS's Days Inventory for the six months ended in Dec. 2024 was 171.49.

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

FRA:WDH1' s Days Inventory Range Over the Past 10 Years
Min: 152.96 Med: 174.62 Max: 198.67
Current: 183.08

During the past 13 years, Demant AS's highest Days Inventory was 198.67. The lowest was 152.96. And the median was 174.62.

FRA:WDH1's Days Inventory is ranked better than
50.06% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 183.36 vs FRA:WDH1: 183.08

Demant AS's Days Inventory declined from Dec. 2023 (195.78) to Dec. 2024 (171.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Demant AS's Inventory Turnover for the six months ended in Dec. 2024 was 1.06.

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. Demant AS's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.23.

Demant AS Days Inventory Historical Data

The historical data trend for Demant AS'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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Demant AS Days Inventory Chart

Demant AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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162.72

177.82

191.02

198.86

183.10

Demant AS Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															186.12	192.43	195.78	195.56	171.49

Competitive Comparison of Demant AS's Days Inventory

For the Medical Devices subindustry, Demant AS'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.

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

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

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

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Demant AS Days Inventory Calculation

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

Demant AS'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
=	( (381.703	+	335.224)	/	2 )	/	714.564	*	365
=	358.4635					/	714.564	*	365
=	183.10

Demant AS'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: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (358.277	+	335.224)	/	2 )	/	369.015	*	365 / 2
=	346.7505					/	369.015	*	365 / 2
=	171.49

Demant AS (FRA:WDH1) 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.

Demant AS's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	369.015	/	346.7505
	=	1.06

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.

Demant AS's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	346.7505	/	1519.504
	=	0.23

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.

Demant AS Days Inventory Related Terms

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

Demant AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Demant AS (FRA:WDH1) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WILYY:USA WILLF:USA DEMANc:UK 0RGT:UK DEMANT:Denmark DEMA:Austria

Address

Kongebakken 9, Smorum, DNK, 2765

Website

https://www.demant.com

Demant AS is a Denmark-based company engaged in the healthcare industry. The company develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals. The Group focuses on four business areas: Hearing Devices, including such brands as Bernafon, Oticon, Frontrow, Phonic Ear and Sonic; Hearing Implants, including Oticon Medical; Diagnostic Instruments. The Company operates through more than 90 subsidiaries and associates all around the world. More than 80% of the company's sales come from North America and Europe.

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