Duearity AB (OSTO:DEAR) Days Inventory: 2,300.66 (As of Jun. 2024)

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What is Duearity AB Days Inventory?

Duearity AB OSTO:DEAR Days Inventory is 2,300.66 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Duearity AB's Average Total Inventories for the three months ended in Jun. 2024 was kr4.74 Mil. Duearity AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr0.19 Mil. Hence, Duearity AB's Days Inventory for the three months ended in Jun. 2024 was 2,300.66.

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

OSTO:DEAR's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 177.64
* Ranked among companies with meaningful Days Inventory only.

Duearity AB's Days Inventory increased from Jun. 2023 (161.24) to Jun. 2024 (2,300.66). It might indicate that Duearity AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Duearity AB's Inventory Turnover for the three months ended in Jun. 2024 was 0.04.

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. Duearity AB's Inventory-to-Revenue for the three months ended in Jun. 2024 was 19.43.


Duearity AB  (OSTO:DEAR) 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.

Duearity AB's Inventory Turnover for the three months ended in Jun. 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.

Duearity AB's Inventory to Revenue for the three months 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.


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.


Duearity AB Days Inventory Related Terms


Duearity AB Days Inventory Historical Data

* Premium members only.

The historical data trend for Duearity 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.

Duearity AB Days Inventory Chart

Duearity AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
0.00 0.00 119.24 195.33

Duearity AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 161.24 137.92 179.32 3,783.68 2,300.66

OSTO:DEAR vs ABT, SYK, MDT: Days Inventory Comparison

For the Medical Devices subindustry, Duearity 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.


Duearity AB Days Inventory vs Medical Devices & Instruments Industry

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

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



Duearity AB Days Inventory Calculation

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

Duearity 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
=( (2.083 + 4.159) / 2 ) / 5.832*365
=3.121 / 5.832*365
=195.33

Duearity AB's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (4.134 + 5.346) / 2 ) / 0.188*365 / 4
=4.74 / 0.188*365 / 4
=2,300.66

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 2,300.66 mean?
Duearity AB (OSTO:DEAR) has a Days Inventory of 2,300.66 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Duearity AB and its competitors.
Is Duearity AB's Days Inventory too high?
Duearity AB's current Days Inventory is 2,300.66. The Medical Devices & Instruments industry median Days Inventory is 177.64. Duearity AB's value of 2,300.66 is 1195.1% above this industry median.
How does Duearity AB's Days Inventory compare to ABT and SYK?
Duearity AB's Days Inventory of 2,300.66 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 177.64. Duearity AB's value of 2,300.66 is 1195.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 177.64, based on 788 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Duearity AB's current Days Inventory of 2,300.66 is 1195.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Duearity AB and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 177.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duearity AB's current Days Inventory is 2,300.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duearity AB stock overvalued right now?
Duearity AB (OSTO:DEAR) has a current Days Inventory of 2,300.66. The current Days Inventory is 2,300.66 and 1195.1% above the Medical Devices & Instruments industry median of 177.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Duearity AB (OSTO:DEAR), the current Days Inventory is 2,300.66 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Duearity AB Business Description

Address Krusegrand 42D, Malmo, SWE, 212 25
Duearity AB is a medical technology company. It develops smallest and flexible products and services for tinnitus under the Tinearity brand.