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Polarean Imaging (LSE:POLX) Days Inventory : 5,898.24 (As of Jun. 2023)


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What is Polarean Imaging Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polarean Imaging's Average Total Inventories for the six months ended in Jun. 2023 was £1.52 Mil. Polarean Imaging's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.05 Mil. Hence, Polarean Imaging's Days Inventory for the six months ended in Jun. 2023 was 5,898.24.

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

LSE:POLX' s Days Inventory Range Over the Past 10 Years
Min: 240.23   Med: 610.8   Max: 3161.87
Current: 3161.87

During the past 7 years, Polarean Imaging's highest Days Inventory was 3161.87. The lowest was 240.23. And the median was 610.80.

LSE:POLX's Days Inventory is ranked worse than
98.33% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 192.74 vs LSE:POLX: 3161.87

Polarean Imaging's Days Inventory increased from Jun. 2022 (490.49) to Jun. 2023 (5,898.24). It might indicate that Polarean Imaging's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polarean Imaging's Inventory Turnover for the six months ended in Jun. 2023 was 0.03.

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. Polarean Imaging's Inventory-to-Revenue for the six months ended in Jun. 2023 was 13.56.


Polarean Imaging Days Inventory Historical Data

The historical data trend for Polarean Imaging'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.

Polarean Imaging Days Inventory Chart

Polarean Imaging Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial 365.00 242.13 814.18 645.74 804.69

Polarean Imaging Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 641.13 670.19 490.49 2,055.81 5,898.24

Competitive Comparison of Polarean Imaging's Days Inventory

For the Medical Devices subindustry, Polarean Imaging'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.


Polarean Imaging's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Polarean Imaging's Days Inventory falls into.



Polarean Imaging Days Inventory Calculation

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

Polarean Imaging's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.073 + 1.405) / 2 ) / 0.562*365
=1.239 / 0.562*365
=804.69

Polarean Imaging'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
=( (1.405 + 1.633) / 2 ) / 0.047*365 / 2
=1.519 / 0.047*365 / 2
=5,898.24

* 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.


Polarean Imaging  (LSE:POLX) 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.

Polarean Imaging'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.

Polarean Imaging'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.


Polarean Imaging Days Inventory Related Terms

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


Polarean Imaging (LSE:POLX) Business Description

Traded in Other Exchanges
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
Polarean Imaging PLC designs and manufactures medical drug-device combination companies operating in the high-resolution medical imaging market. Its only operating segment being the development and commercialization of gas polariser devices and ancillary instruments. Geographically, it derives most of the revenue from the United States of America and also has a presence in Canada and the United Kingdom. The company generates revenue from products and services such as Polarisers, Parts and Upgrades, Service and other revenue. Its product portfolio includes 9820 129Xe Hyperpolarizer, 9800 129Xe Hyperpolarizer, Polarean 3777 129Xe Hyperpolarizer Upgrade Module, Polarean 2881 Polarization Measurement Station, and others.

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