The historical rank and industry rank for Sotera Health Co's Days Inventory or its related term are showing as below:
SHC'
s Days Inventory Range Over the Past 10 Years
Min: 33.03 Med: 35.52 Max: 39.07
Current: 36.19
During the past 6 years, Sotera Health Co's highest Days Inventory was 39.07. The lowest was 33.03. And the median was 35.52.
SHC's Days Inventory is ranked better than 71.2% of 184
companies
in the Medical Diagnostics & Research industry
Industry Median: 65.655
vs SHC: 36.19
Sotera Health Co's Days Inventory
increased
from Sep. 2023 (31.16) to Sep. 2024 (39.92).
It might indicate that Sotera Health Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sotera Health Co's Inventory Turnover for the
three
months ended in Sep. 2024 was 2.29.
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.
Sotera Health Co's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.20.
Sotera Health Co Days Inventory Historical Data
The historical data trend for Sotera Health Co'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 Sotera Health Co's Days Inventory
For the Diagnostics & Research subindustry, Sotera Health Co'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.
Sotera Health Co's Days Inventory Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Sotera Health Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sotera Health Co's Days Inventory falls into.
Sotera Health Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sotera Health Co's Days Inventory for the fiscal year that 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.
Sotera Health Co (NAS:SHC) 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.
Sotera Health Co's Inventory Turnover for the
three
months ended in Sep. 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.
Sotera Health Co's Inventory to Revenue for the
three
months ended in Sep. 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.
Sotera Health Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Sotera Health Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sotera Health Co provides sterilization, analytical lab testing, and advisory services to help ensure that medical, pharmaceutical and food products are safe for healthcare practitioners, patients, and consumers. The company operates in three segments: Sterigenics, Nordion, and Nelson Labs. Sterigenics provides outsourced terminal sterilization and irradiation services for medical device, pharmaceutical, food safety, and advanced applications; Nordion provides Co-60 and gamma irradiators, which are the key components to the gamma sterilization process; and Nelson Labs provides outsourced microbiological and analytical chemistry testing for the medical device and pharmaceutical industries. Its geographical segments are the United States, Canada, Europe, and other regions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHC has been successfully added to your 