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Fisher & Paykel Healthcare (Fisher & Paykel Healthcare) Days Inventory : 213.45 (As of Sep. 2023)


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What is Fisher & Paykel Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fisher & Paykel Healthcare's Average Total Inventories for the six months ended in Sep. 2023 was $220 Mil. Fisher & Paykel Healthcare's Cost of Goods Sold for the six months ended in Sep. 2023 was $188 Mil. Hence, Fisher & Paykel Healthcare's Days Inventory for the six months ended in Sep. 2023 was 213.45.

The historical rank and industry rank for Fisher & Paykel Healthcare's Days Inventory or its related term are showing as below:

FSPKF' s Days Inventory Range Over the Past 10 Years
Min: 104.91   Med: 134.71   Max: 205.78
Current: 200.31

During the past 13 years, Fisher & Paykel Healthcare's highest Days Inventory was 205.78. The lowest was 104.91. And the median was 134.71.

FSPKF's Days Inventory is ranked worse than
51.99% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 193.31 vs FSPKF: 200.31

Fisher & Paykel Healthcare's Days Inventory declined from Sep. 2022 (268.09) to Sep. 2023 (213.45).

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. Fisher & Paykel Healthcare's Inventory Turnover for the six months ended in Sep. 2023 was 0.85.

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. Fisher & Paykel Healthcare's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.46.


Fisher & Paykel Healthcare Days Inventory Historical Data

The historical data trend for Fisher & Paykel Healthcare'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.

Fisher & Paykel Healthcare Days Inventory Chart

Fisher & Paykel Healthcare Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.57 127.99 99.33 185.73 216.63

Fisher & Paykel Healthcare Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 155.34 202.53 268.09 186.24 213.45

Competitive Comparison of Fisher & Paykel Healthcare's Days Inventory

For the Medical Instruments & Supplies subindustry, Fisher & Paykel Healthcare'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.


Fisher & Paykel Healthcare's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Fisher & Paykel Healthcare's Days Inventory falls into.



Fisher & Paykel Healthcare Days Inventory Calculation

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

Fisher & Paykel Healthcare's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (246.497 + 227.064) / 2 ) / 398.945*365
=236.7805 / 398.945*365
=216.63

Fisher & Paykel Healthcare's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (227.064 + 213.582) / 2 ) / 188.375*365 / 2
=220.323 / 188.375*365 / 2
=213.45

* 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.


Fisher & Paykel Healthcare  (OTCPK:FSPKF) 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.

Fisher & Paykel Healthcare's Inventory Turnover for the six months ended in Sep. 2023 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.

Fisher & Paykel Healthcare's Inventory to Revenue for the six months ended in Sep. 2023 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.


Fisher & Paykel Healthcare Days Inventory Related Terms

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


Fisher & Paykel Healthcare (Fisher & Paykel Healthcare) Business Description

Traded in Other Exchanges
Address
15 Maurice Paykel Place, East Tamaki, Auckland, NTL, NZL, 2013
Fisher & Paykel Healthcare is one of the three largest respiratory care device companies globally. It is the market leader in hospital use humidifiers, masks and related consumables and the number three player in the at-home treatment of sleep apnoea using respiratory devices. Both the hospital and homecare markets for respiratory devices are growing strongly in the developed markets in which Fisher & Paykel has a presence. The company earns 42% of its revenue in the U.S., 32% in Europe, 18% in Asia-Pacific and the remaining 8% in emerging markets. Fisher conducts its own R&D and has thousands of patents and pending applications. It manufactures in New Zealand and Mexico and has a multichannel distribution model.

Fisher & Paykel Healthcare (Fisher & Paykel Healthcare) Headlines

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