Days Inventory is also known as Days Sales of Inventory (DSI). APT Medical's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥339 Mil. APT Medical's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥127 Mil.
Hence, APT Medical's Days Inventory for the
three
months ended in Mar. 2024 was 242.62.
The historical rank and industry rank for APT Medical's Days Inventory or its related term are showing as below:
SHSE:688617'
s Days Inventory Range Over the Past 10 Years
Min: 251.43 Med: 313.33 Max: 369.95
Current: 251.43
During the past 7 years, APT Medical's highest Days Inventory was 369.95. The lowest was 251.43. And the median was 313.33.
SHSE:688617's Days Inventory is ranked worse than 66.15% of 774
companies
in the Medical Devices & Instruments industry
Industry Median: 193.045
vs SHSE:688617: 251.43
APT Medical's Days Inventory
declined
from Mar. 2023 (300.91) to Mar. 2024 (242.62).
Inventory Turnover measures how fast the company turns over its inventory within a year.
APT Medical's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.38.
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.
APT Medical's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.74.
APT Medical Days Inventory Historical Data
The historical data trend for APT Medical'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 APT Medical's Days Inventory
For the Medical Devices subindustry, APT Medical'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.
APT Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, APT Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where APT Medical's Days Inventory falls into.
APT Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
APT Medical'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.
APT Medical (SHSE:688617) 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.
APT Medical'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.
APT Medical'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.
APT Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of APT Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
APT Medical Inc is engaged in the research and development, production and sales of electrophysiological and vascular interventional medical devices for cardiovascular and cerebrovascular diseases. Its products are sold in Europe, Eastern Europe, Southeast Asia and other countries and other regions.
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