Elekta AB (LTS:0O5H) Days Inventory : 102.11 (As of Jan. 2025)

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What is Elekta AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elekta AB's Average Total Inventories for the three months ended in Jan. 2025 was kr3,314 Mil. Elekta AB's Cost of Goods Sold for the three months ended in Jan. 2025 was kr2,961 Mil. Hence, Elekta AB's Days Inventory for the three months ended in Jan. 2025 was 102.11.

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

LTS:0O5H' s Days Inventory Range Over the Past 10 Years
Min: 66.35 Med: 101.14 Max: 136.66
Current: 108.89

During the past 13 years, Elekta AB's highest Days Inventory was 136.66. The lowest was 66.35. And the median was 101.14.

LTS:0O5H's Days Inventory is ranked better than
78.19% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 184.43 vs LTS:0O5H: 108.89

Elekta AB's Days Inventory declined from Jan. 2024 (116.63) to Jan. 2025 (102.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Elekta AB's Inventory Turnover for the three months ended in Jan. 2025 was 0.89.

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. Elekta AB's Inventory-to-Revenue for the three months ended in Jan. 2025 was 0.71.

Elekta AB Days Inventory Historical Data

The historical data trend for Elekta AB'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.

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Elekta AB Days Inventory Chart

Elekta AB Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Days Inventory

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116.06

112.62

96.44

97.18

101.82

Elekta AB Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Days Inventory	Get a 7-Day Free Trial															116.63	97.11	128.50	112.83	102.11

Competitive Comparison of Elekta AB's Days Inventory

For the Medical Devices subindustry, Elekta AB'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.

Elekta AB's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Elekta AB's Days Inventory falls into.

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Elekta AB Days Inventory Calculation

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

Elekta AB's Days Inventory for the fiscal year that ended in Apr. 2024 is calculated as

	Days Inventory (A: Apr. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2024 )	*	Days in Period
=	( (3070	+	3258)	/	2 )	/	11342	*	365
=	3164					/	11342	*	365
=	101.82

Elekta AB's Days Inventory for the quarter that ended in Jan. 2025 is calculated as:

	Days Inventory (Q: Jan. 2025 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2024 )	+	Total Inventories (Q: Jan. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2025 )	*	Days in Period
=	( (3398	+	3229)	/	2 )	/	2961	*	365 / 4
=	3313.5					/	2961	*	365 / 4
=	102.11

Elekta AB (LTS:0O5H) 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.

Elekta AB's Inventory Turnover for the three months ended in Jan. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2961	/	3313.5
	=	0.89

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.

Elekta AB's Inventory to Revenue for the three months ended in Jan. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3313.5	/	4695
	=	0.71

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.

Elekta AB Days Inventory Related Terms

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

Elekta AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Elekta AB (LTS:0O5H) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

EKTAY:USA EKTAF:USA EKTA B:Sweden EKTABs:UK EJXB:Germany

Address

Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93

Website

https://www.elekta.com

Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company has an installed base of more than 7,300 linear accelerators, Gamma Knife and Unity platforms, as well as brachytherapy installations. The company's sales are evenly distributed across geographies, with North and South America accounting for 30%; Europe, the Middle East, and Africa accounting for 36%; and the Asia-Pacific contributing the remainder.

Elekta AB Headlines

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