Days Inventory is also known as Days Sales of Inventory (DSI). ChemoMetec AS's Average Total Inventories for the
six
months ended in Dec. 2024 was kr126.1 Mil. ChemoMetec AS's Cost of Goods Sold for the
six
months ended in Dec. 2024 was kr20.9 Mil.
Hence, ChemoMetec AS's Days Inventory for the
six
months ended in Dec. 2024 was 1,099.74.
The historical rank and industry rank for ChemoMetec AS's Days Inventory or its related term are showing as below:
OCSE:CHEMM'
s Days Inventory Range Over the Past 10 Years
Min: 197.85 Med: 396.72 Max: 1097
Current: 1097
During the past 13 years, ChemoMetec AS's highest Days Inventory was 1097.00. The lowest was 197.85. And the median was 396.72.
OCSE:CHEMM's Days Inventory is ranked worse than 96.81% of 784
companies
in the Medical Devices & Instruments industry
Industry Median: 186.575
vs OCSE:CHEMM: 1097.00
ChemoMetec AS's Days Inventory
increased
from Dec. 2023 (1,042.56) to Dec. 2024 (1,099.74).
It might indicate that ChemoMetec AS's sales slowed down.
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.
ChemoMetec AS's Inventory Turnover for the
six
months ended in Dec. 2024 was 0.17.
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.
ChemoMetec AS's Inventory-to-Revenue for the
six
months ended in Dec. 2024 was 0.50.
ChemoMetec AS Days Inventory Historical Data
The historical data trend for ChemoMetec AS'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 ChemoMetec AS's Days Inventory
For the Medical Devices subindustry, ChemoMetec AS'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.
ChemoMetec AS's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, ChemoMetec AS's Days Inventory distribution charts can be found below:
* The bar in red indicates where ChemoMetec AS's Days Inventory falls into.
ChemoMetec AS Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ChemoMetec AS's Days Inventory for the fiscal year that ended in Jun. 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.
ChemoMetec AS (OCSE:CHEMM) 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.
ChemoMetec AS's Inventory Turnover for the
six
months ended in Dec. 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.
ChemoMetec AS's Inventory to Revenue for the
six
months ended in Dec. 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.
ChemoMetec AS Days Inventory Related Terms
Thank you for viewing the detailed overview of ChemoMetec AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ChemoMetec AS specializes in designing, developing, and producing instruments using patented technology in cell counting and evaluation. It is engaged in the manufacturing and marketing of analytical instruments used for quantitative analysis of cells in liquids. Its applications include Cell Analysis and counting of Mammalian Cells, Yeast Cells, and Sperm Cells. It provides platforms for the determination of viability and cell count of yeast, veterinary semen, mammalian cells, and somatic cells as well as image analysis. It has four segments instruments; consumables; services and others, and the majority of its revenue is generated from the Consumable segment.
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