The historical rank and industry rank for Ascendis Health's Days Inventory or its related term are showing as below:
JSE:ASC's Days Inventory is not ranked *
in the Medical Distribution industry.
Industry Median: 57.73 * Ranked among companies with meaningful Days Inventory only.
Ascendis Health's Days Inventory
increased
from Jun. 2022 (98.42) to Jun. 2023 (157.86).
It might indicate that Ascendis Health's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ascendis Health's Inventory Turnover for the
six
months ended in Jun. 2023 was 1.16.
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.
Ascendis Health's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.53.
Ascendis Health (JSE:ASC) 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.
Ascendis Health's Inventory Turnover for the
six
months ended in Jun. 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.
Ascendis Health's Inventory to Revenue for the
six
months ended in Jun. 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.
Ascendis Health Days Inventory Related Terms
Ascendis Health Days Inventory Historical Data
* Premium members only.
The historical data trend for Ascendis Health'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.
JSE:ASC vs PHBI, GCAN, SGBI: Days Inventory Comparison
For the Medical Distribution subindustry, Ascendis Health'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.
Ascendis Health Days Inventory vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Ascendis Health's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ascendis Health's Days Inventory falls into.
* 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.
Ascendis Health (JSE:ASC) has a Days Inventory of 157.86 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ascendis Health and its competitors.
Is Ascendis Health's Days Inventory too high?
Ascendis Health's current Days Inventory is 157.86. The Medical Distribution industry median Days Inventory is 57.73. Ascendis Health's value of 157.86 is 173.4% above this industry median. Overall, Ascendis Health has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ascendis Health's Days Inventory compare to PHBI and GCAN?
Ascendis Health's Days Inventory of 157.86 can be compared against companies in the Medical Distribution industry. The industry median Days Inventory is 57.73. Ascendis Health's value of 157.86 is 173.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Medical Distribution company?
The median Days Inventory among Medical Distribution companies is 57.73, based on 115 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ascendis Health's current Days Inventory of 157.86 is 173.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ascendis Health and its competitors. For the Medical Distribution industry, the median Days Inventory is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascendis Health's current Days Inventory is 157.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascendis Health stock overvalued right now?
Ascendis Health (JSE:ASC) has a current Days Inventory of 157.86. The current Days Inventory is 157.86 and 173.4% above the Medical Distribution industry median of 57.73. Ascendis Health's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Ascendis Health (JSE:ASC), the current Days Inventory is 157.86 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Ascendis Health Ltd is a health and wellness investment holding Company that holds investments in a number of companies that market and distribute a portfolio of brands, products, and medical devices. The company operates in two segments: i) Consumer Health (wellness, health supplements, speciality ingredients and compounded medicines) and ii) Medical Devices (distributor of medical devices, in vitro diagnostic products and orthopaedic equipment). The company generates the majority of its revenue from the Medical Devices segment.
11GF Score
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