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Penumbra (STU:0P8) Days Inventory : 367.34 (As of Mar. 2024)


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What is Penumbra Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Penumbra's Average Total Inventories for the three months ended in Mar. 2024 was €361 Mil. Penumbra's Cost of Goods Sold for the three months ended in Mar. 2024 was €90 Mil. Hence, Penumbra's Days Inventory for the three months ended in Mar. 2024 was 367.34.

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

STU:0P8' s Days Inventory Range Over the Past 10 Years
Min: 252.24   Med: 272.47   Max: 355.11
Current: 355.11

During the past 12 years, Penumbra's highest Days Inventory was 355.11. The lowest was 252.24. And the median was 272.47.

STU:0P8's Days Inventory is ranked worse than
79.87% of 775 companies
in the Medical Devices & Instruments industry
Industry Median: 192.78 vs STU:0P8: 355.11

Penumbra's Days Inventory increased from Mar. 2023 (344.30) to Mar. 2024 (367.34). It might indicate that Penumbra's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Penumbra's Inventory Turnover for the three months ended in Mar. 2024 was 0.25.

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. Penumbra's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.41.


Penumbra Days Inventory Historical Data

The historical data trend for Penumbra'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.

Penumbra Days Inventory Chart

Penumbra 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 276.74 317.83 313.37 339.95 355.34

Penumbra 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 344.30 340.80 356.11 359.83 367.34

Competitive Comparison of Penumbra's Days Inventory

For the Medical Devices subindustry, Penumbra'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.


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

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

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



Penumbra Days Inventory Calculation

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

Penumbra'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
=( (315.302 + 355.817) / 2 ) / 344.681*365
=335.5595 / 344.681*365
=355.34

Penumbra'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
=( (355.817 + 366.497) / 2 ) / 89.715*365 / 4
=361.157 / 89.715*365 / 4
=367.34

* 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.


Penumbra  (STU:0P8) 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.

Penumbra'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.

Penumbra'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.


Penumbra Days Inventory Related Terms

Thank you for viewing the detailed overview of Penumbra's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Penumbra (STU:0P8) Business Description

Traded in Other Exchanges
Address
One Penumbra Place, Alameda, CA, USA, 94502
Penumbra Inc develops and manufactures medical devices for the neurovascular and peripheral vascular markets. Its products are primarily sold to hospitals and are developed for use by specialist physicians. The neurovascular product category contributes to the majority of revenue. Within the neurovascular business, the firm offers products for neurovascular access, ischemic stroke, neurovascular embolization, and neurosurgical tool markets. In the peripheral vascular business, the firm sells devices related to peripheral embolization and peripheral thrombectomy. Penumbra generates the majority of its revenue in the United States.

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