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Getinge AB (OSTO:GETI B) Days Inventory : 159.16 (As of Mar. 2024)


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What is Getinge AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Getinge AB's Average Total Inventories for the three months ended in Mar. 2024 was kr6,770 Mil. Getinge AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3,881 Mil. Hence, Getinge AB's Days Inventory for the three months ended in Mar. 2024 was 159.16.

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

OSTO:GETI B' s Days Inventory Range Over the Past 10 Years
Min: 111.26   Med: 129.47   Max: 168.05
Current: 144.36

During the past 13 years, Getinge AB's highest Days Inventory was 168.05. The lowest was 111.26. And the median was 129.47.

OSTO:GETI B's Days Inventory is ranked better than
66.37% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 192.65 vs OSTO:GETI B: 144.36

Getinge AB's Days Inventory declined from Mar. 2023 (164.00) to Mar. 2024 (159.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Getinge AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.57.

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. Getinge AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.90.


Getinge AB Days Inventory Historical Data

The historical data trend for Getinge 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.

Getinge AB Days Inventory Chart

Getinge 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 119.50 111.26 125.74 134.89 133.18

Getinge AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 164.00 156.81 164.30 110.90 159.16

Competitive Comparison of Getinge AB's Days Inventory

For the Medical Devices subindustry, Getinge 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.


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

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

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



Getinge AB Days Inventory Calculation

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

Getinge 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
=( (6232 + 6416) / 2 ) / 17332*365
=6324 / 17332*365
=133.18

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

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (6416 + 7123) / 2 ) / 3881*365 / 4
=6769.5 / 3881*365 / 4
=159.16

* 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.


Getinge AB  (OSTO:GETI B) 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.

Getinge AB's Inventory Turnover for the three months ended in Mar. 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.

Getinge AB's Inventory to Revenue for the three months ended in Mar. 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.


Getinge AB Days Inventory Related Terms

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Getinge AB (OSTO:GETI B) Business Description

Traded in Other Exchanges
Address
Lindholmspiren 7A, P.O. Box 8861, Gothenburg, SWE, SE-417 56
Getinge, headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in the hospital, pharmaceutical, and research settings. The company reports in three segments: acute care therapies (54% of revenue), surgical workflows (32%), and life sciences (14%). Product areas include ventilators, surgical stents, life support systems, sterilizers, surgical tables, and sterile transfer systems. Getinge derives revenue from a broad geographic footprint, with the Americas accounting for 45% of sales (U.S. 33% of sales), Asia-Pacific 25%, and Europe, Middle East, and Africa the remaining 30%.

Getinge AB (OSTO:GETI B) Headlines

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