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AroCell AB (OSTO:AROC) Days Inventory : 50.67 (As of Dec. 2023)


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What is AroCell AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AroCell AB's Average Total Inventories for the three months ended in Dec. 2023 was kr6.51 Mil. AroCell AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr11.72 Mil. Hence, AroCell AB's Days Inventory for the three months ended in Dec. 2023 was 50.67.

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

OSTO:AROC' s Days Inventory Range Over the Past 10 Years
Min: 54.36   Med: 508.43   Max: 25211.07
Current: 57.6

During the past 13 years, AroCell AB's highest Days Inventory was 25211.07. The lowest was 54.36. And the median was 508.43.

OSTO:AROC's Days Inventory is ranked better than
53.68% of 190 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.175 vs OSTO:AROC: 57.60

AroCell AB's Days Inventory declined from Dec. 2022 (59.37) to Dec. 2023 (50.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. AroCell AB's Inventory Turnover for the three months ended in Dec. 2023 was 1.80.

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. AroCell AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.68.


AroCell AB Days Inventory Historical Data

The historical data trend for AroCell 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.

* Premium members only.

AroCell AB Days Inventory Chart

AroCell AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,595.89 25,211.07 89.20 66.69 54.36

AroCell AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.37 63.84 55.75 64.56 50.67

Competitive Comparison of AroCell AB's Days Inventory

For the Diagnostics & Research subindustry, AroCell 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.


AroCell AB's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, AroCell AB's Days Inventory distribution charts can be found below:

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



AroCell AB Days Inventory Calculation

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

AroCell AB's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (7.375 + 6.071) / 2 ) / 45.141*365
=6.723 / 45.141*365
=54.36

AroCell AB's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6.942 + 6.071) / 2 ) / 11.718*365 / 4
=6.5065 / 11.718*365 / 4
=50.67

* 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.


AroCell AB  (OSTO:AROC) 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.

AroCell AB's Inventory Turnover for the three months ended in Dec. 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.

AroCell AB's Inventory to Revenue for the three months ended in Dec. 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.


AroCell AB Days Inventory Related Terms

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


AroCell AB (OSTO:AROC) Business Description

Traded in Other Exchanges
N/A
Address
Uppsala Business Park, Virdings allé 32 B, Uppsala, SWE, 754 50
AroCell AB is working in the area of cancer diagnostics. The company develops and commercializes markers for the determination of cell growth and apoptosis, clinically useful for prognosis, monitoring, and follow-up of cancer patients in Sweden.

AroCell AB (OSTO:AROC) Headlines

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