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PMD Device Solutions AB (STU:8T00) Days Inventory : 50.03 (As of Mar. 2024)


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What is PMD Device Solutions AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PMD Device Solutions AB's Average Total Inventories for the three months ended in Mar. 2024 was €0.11 Mil. PMD Device Solutions AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.21 Mil. Hence, PMD Device Solutions AB's Days Inventory for the three months ended in Mar. 2024 was 50.03.

The historical rank and industry rank for PMD Device Solutions AB's Days Inventory or its related term are showing as below:

STU:8T00' s Days Inventory Range Over the Past 10 Years
Min: 0   Med: 0   Max: 91.97
Current: 91.97

During the past 8 years, PMD Device Solutions AB's highest Days Inventory was 91.97. The lowest was 0.00. And the median was 0.00.

STU:8T00's Days Inventory is ranked better than
86.38% of 771 companies
in the Medical Devices & Instruments industry
Industry Median: 192.74 vs STU:8T00: 91.97

PMD Device Solutions AB's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (50.03). It might indicate that PMD Device Solutions AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PMD Device Solutions AB's Inventory Turnover for the three months ended in Mar. 2024 was 1.82.

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. PMD Device Solutions AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


PMD Device Solutions AB Days Inventory Historical Data

The historical data trend for PMD Device Solutions AB'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.

PMD Device Solutions AB Days Inventory Chart

PMD Device Solutions AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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PMD Device Solutions AB 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 - - - - 50.03

Competitive Comparison of PMD Device Solutions AB's Days Inventory

For the Medical Devices subindustry, PMD Device Solutions AB'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.


PMD Device Solutions AB's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where PMD Device Solutions AB's Days Inventory falls into.



PMD Device Solutions AB Days Inventory Calculation

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

PMD Device Solutions AB'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
=( (0 + 0.109) / 1 ) / 0*365
=0.109 / 0*365
=N/A

PMD Device Solutions AB'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
=( (0.109 + 0.118) / 2 ) / 0.207*365 / 4
=0.1135 / 0.207*365 / 4
=50.03

* 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.


PMD Device Solutions AB  (STU:8T00) 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.

PMD Device Solutions AB'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.

PMD Device Solutions AB'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.


PMD Device Solutions AB Days Inventory Related Terms

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


PMD Device Solutions AB (STU:8T00) Business Description

Traded in Other Exchanges
Address
Fogdevreten 2, Solna, SWE, SE-171 65
PMD Device Solutions AB develops and sells medical products for respiratory monitoring in both the hospital and homecare setting. Its primary product is RespiraSense, a solution used for monitoring respiratory rate to detect deterioration of a patient's general condition early and to avoid preventable respiratory failure and adverse patient outcomes. RespiraSense is, to the Company's knowledge, the world's only continuous, motion-tolerant respiratory rate monitor delivering class-leading reliability in measuring respiratory rate. RespiraSense is a novel technology that is commercialised in Europe, the UK, and FDA-cleared in the US.

PMD Device Solutions AB (STU:8T00) Headlines

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