Days Inventory is also known as Days Sales of Inventory (DSI). Steris's Average Total Inventories for the
three
months ended in Dec. 2024 was $669 Mil. Steris's Cost of Goods Sold for the
three
months ended in Dec. 2024 was $760 Mil.
Hence, Steris's Days Inventory for the
three
months ended in Dec. 2024 was 80.33.
The historical rank and industry rank for Steris's Days Inventory or its related term are showing as below:
STE'
s Days Inventory Range Over the Past 10 Years
Min: 44.93 Med: 51.96 Max: 85.27
Current: 85.27
During the past 13 years, Steris's highest Days Inventory was 85.27. The lowest was 44.93. And the median was 51.96.
STE's Days Inventory is ranked better than 85.71% of 784
companies
in the Medical Devices & Instruments industry
Industry Median: 184.43
vs STE: 85.27
Steris's Days Inventory
declined
from Dec. 2023 (103.70) to Dec. 2024 (80.33).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Steris's Inventory Turnover for the
three
months ended in Dec. 2024 was 1.14.
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.
Steris's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.49.
Steris Days Inventory Historical Data
The historical data trend for Steris'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.
For the Medical Devices subindustry, Steris'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.
Steris's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Steris's Days Inventory distribution charts can be found below:
* The bar in red indicates where Steris's Days Inventory falls into.
* 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.
Steris (NYSE:STE) 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.
Steris's Inventory Turnover for the
three
months ended in Dec. 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.
Steris's Inventory to Revenue for the
three
months ended in Dec. 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.
Steris Days Inventory Related Terms
Thank you for viewing the detailed overview of Steris's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Steris is an Ireland-domiciled medical technology company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Additionally, Steris sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its inversion to Ireland, the firm derives approximately 70% of its revenue from Healthcare Services, 19% from Applied Sterilization Technologies, or AST, and 11% from life sciences services after the divestment of its dental products business.
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