IMD International Medical Devices SpA (FRA:X74) Days Inventory : 200.16 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is IMD International Medical Devices SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IMD International Medical Devices SpA's Average Total Inventories for the six months ended in Jun. 2023 was €16.30 Mil. IMD International Medical Devices SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €14.86 Mil. Hence, IMD International Medical Devices SpA's Days Inventory for the six months ended in Jun. 2023 was 200.16.

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

FRA:X74' s Days Inventory Range Over the Past 10 Years
Min: 155.64 Med: 184.76 Max: 209.91
Current: 189.29

During the past 3 years, IMD International Medical Devices SpA's highest Days Inventory was 209.91. The lowest was 155.64. And the median was 184.76.

FRA:X74's Days Inventory is ranked better than
52.29% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 195.1 vs FRA:X74: 189.29

IMD International Medical Devices SpA's Days Inventory increased from Jun. 2022 (172.45) to Jun. 2023 (200.16). It might indicate that IMD International Medical Devices SpA's sales slowed down.

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. IMD International Medical Devices SpA's Inventory Turnover for the six months ended in Jun. 2023 was 0.91.

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. IMD International Medical Devices SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.83.

IMD International Medical Devices SpA Days Inventory Historical Data

The historical data trend for IMD International Medical Devices SpA'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.

IMD International Medical Devices SpA Days Inventory Chart

IMD International Medical Devices SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

155.64

184.76

209.91

IMD International Medical Devices SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	172.45	188.35	200.16	-

Competitive Comparison of IMD International Medical Devices SpA's Days Inventory

For the Medical Devices subindustry, IMD International Medical Devices SpA'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.

IMD International Medical Devices SpA's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

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

IMD International Medical Devices SpA Days Inventory Calculation

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

IMD International Medical Devices SpA'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
=	( (16.3	+	15.496)	/	2 )	/	27.644	*	365
=	15.898					/	27.644	*	365
=	209.91

IMD International Medical Devices SpA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (16.3	+	0)	/	1 )	/	14.862	*	365 / 2
=	16.3					/	14.862	*	365 / 2
=	200.16

IMD International Medical Devices SpA (FRA:X74) 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.

IMD International Medical Devices SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.862	/	16.3
	=	0.91

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.

IMD International Medical Devices SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.3	/	19.743
	=	0.83

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.

IMD International Medical Devices SpA Days Inventory Related Terms

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

IMD International Medical Devices SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » IMD International Medical Devices SpA (FRA:X74) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IMD:Italy

Address

Via E. Fermi 26, Grassobbio, ITA, 24050

Website

https://www.inter-med.it

IMD International Medical Devices SpA is a company manufacturing X-ray medical equipment with a complete range of mobile imaging systems.

IMD International Medical Devices SpA Headlines

No Headlines