The historical rank and industry rank for Strata Skin Sciences's Days Inventory or its related term are showing as below:
SSKN'
s Days Inventory Range Over the Past 10 Years
Min: 70.66 Med: 97.1 Max: 403.31
Current: 84.94
During the past 13 years, Strata Skin Sciences's highest Days Inventory was 403.31. The lowest was 70.66. And the median was 97.10.
SSKN's Days Inventory is ranked better than 86.75% of 785
companies
in the Medical Devices & Instruments industry
Industry Median: 185.27
vs SSKN: 84.94
Strata Skin Sciences's Days Inventory
declined
from Sep. 2023 (141.00) to Sep. 2024 (71.07).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Strata Skin Sciences's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.28.
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.
Strata Skin Sciences's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.31.
Strata Skin Sciences Days Inventory Historical Data
The historical data trend for Strata Skin Sciences'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 Strata Skin Sciences's Days Inventory
For the Medical Devices subindustry, Strata Skin Sciences'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.
Strata Skin Sciences's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Strata Skin Sciences's Days Inventory distribution charts can be found below:
* The bar in red indicates where Strata Skin Sciences's Days Inventory falls into.
Strata Skin Sciences Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Strata Skin Sciences'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.
Strata Skin Sciences (NAS:SSKN) 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.
Strata Skin Sciences'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.
Strata Skin Sciences'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.
Strata Skin Sciences Days Inventory Related Terms
Thank you for viewing the detailed overview of Strata Skin Sciences's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Strata Skin Sciences Inc is a medical technology company engaged in developing and commercializing products for the treatment of dermatological disorders. Its primary products include the XTRAC excimer laser and VTRAC lamp systems utilized in the treatment of psoriasis, vitiligo and various other skin conditions. Its operating segment includes Dermatology Recurring Procedures which is the key revenue driver and Dermatology Procedures Equipment. The Dermatology Recurring Procedures segment derives its revenues from the usage of its equipment by dermatologists to perform XTRAC procedures. Its Dermatology Procedures Equipment segment generates revenues from the sale of equipment, such as lasers and lamp products. Geographically, it derives a majority of revenue from the United states.
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