Days Inventory is also known as Days Sales of Inventory (DSI). The Cooper's Average Total Inventories for the
three
months ended in Jan. 2024 was $742 Mil. The Cooper's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $308 Mil.
Hence, The Cooper's Days Inventory for the
three
months ended in Jan. 2024 was 219.84.
The historical rank and industry rank for The Cooper's Days Inventory or its related term are showing as below:
LTS:0I3I'
s Days Inventory Range Over the Past 10 Years
Min: 187.04 Med: 201.37 Max: 219.4
Current: 209.34
During the past 13 years, The Cooper's highest Days Inventory was 219.40. The lowest was 187.04. And the median was 201.37.
LTS:0I3I's Days Inventory is ranked worse than 55.91% of 778
companies
in the Medical Devices & Instruments industry
Industry Median: 191.615
vs LTS:0I3I: 209.34
The Cooper's Days Inventory
increased
from Jan. 2023 (195.85) to Jan. 2024 (219.84).
It might indicate that The Cooper's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Cooper's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.42.
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.
The Cooper's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.80.
The Cooper Days Inventory Historical Data
The historical data trend for The Cooper'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.
Competitive Comparison of The Cooper's Days Inventory
For the Medical Instruments & Supplies subindustry, The Cooper'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.
The Cooper's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, The Cooper's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Cooper's Days Inventory falls into.
The Cooper Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Cooper's Days Inventory for the fiscal year that ended in Oct. 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.
The Cooper (LTS:0I3I) 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.
The Cooper's Inventory Turnover for the
three
months ended in Jan. 2024 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.
The Cooper's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
The Cooper Days Inventory Related Terms
Thank you for viewing the detailed overview of The Cooper's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Cooper Companies is one of the largest eye care companies in the U.S. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business and is composed of a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and clariti, Cooper controls roughly a quarter of the U.S. contact lens market. CooperSurgical, founded in 1990, is made up of equipment related to reproductive care, fertility, and women's care. Cooper has the broadest medical device coverage of the entire IVF cycle. It also has Paragard, the only hormone-free IUD in the U.S., and controls 17% of the U.S. IUD market.
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