Bio-Rad Laboratories (STU:BUWA) Days Inventory : 253.56 (As of Sep. 2024)

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What is Bio-Rad Laboratories Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bio-Rad Laboratories's Average Total Inventories for the three months ended in Sep. 2024 was €736 Mil. Bio-Rad Laboratories's Cost of Goods Sold for the three months ended in Sep. 2024 was €265 Mil. Hence, Bio-Rad Laboratories's Days Inventory for the three months ended in Sep. 2024 was 253.56.

The historical rank and industry rank for Bio-Rad Laboratories's Days Inventory or its related term are showing as below:

STU:BUWA' s Days Inventory Range Over the Past 10 Years
Min: 169.72 Med: 196.15 Max: 244.87
Current: 244.87

During the past 13 years, Bio-Rad Laboratories's highest Days Inventory was 244.87. The lowest was 169.72. And the median was 196.15.

STU:BUWA's Days Inventory is ranked worse than
67.52% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 186.935 vs STU:BUWA: 244.87

Bio-Rad Laboratories's Days Inventory increased from Sep. 2023 (237.15) to Sep. 2024 (253.56). It might indicate that Bio-Rad Laboratories's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bio-Rad Laboratories's Inventory Turnover for the three months ended in Sep. 2024 was 0.36.

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. Bio-Rad Laboratories's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.26.

Bio-Rad Laboratories Days Inventory Historical Data

The historical data trend for Bio-Rad Laboratories'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.

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Bio-Rad Laboratories Days Inventory Chart

Bio-Rad Laboratories Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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194.53

202.45

163.42

185.58

223.08

Bio-Rad Laboratories Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															237.15	228.00	250.08	254.32	253.56

Competitive Comparison of Bio-Rad Laboratories's Days Inventory

For the Medical Devices subindustry, Bio-Rad Laboratories'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.

Bio-Rad Laboratories's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Bio-Rad Laboratories's Days Inventory falls into.

Bio-Rad Laboratories Days Inventory Calculation

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

Bio-Rad Laboratories'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
=	( (679.034	+	715.734)	/	2 )	/	1141.038	*	365
=	697.384					/	1141.038	*	365
=	223.08

Bio-Rad Laboratories's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (746.631	+	724.653)	/	2 )	/	264.737	*	365 / 4
=	735.642					/	264.737	*	365 / 4
=	253.56

Bio-Rad Laboratories (STU:BUWA) 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.

Bio-Rad Laboratories's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	264.737	/	735.642
	=	0.36

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.

Bio-Rad Laboratories's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	735.642	/	585.406
	=	1.26

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.

Bio-Rad Laboratories Days Inventory Related Terms

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

Bio-Rad Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Bio-Rad Laboratories Inc (STU:BUWA) » Definitions » Days Inventory

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BIO.B:USA BIO:USA

Address

1000 Alfred Nobel Drive, Hercules, CA, USA, 94547

Website

https://www.bio-rad.com

Bio-Rad Laboratories, headquartered in Hercules, California, develops, manufactures, and sells products and solutions for the clinical diagnostics and life sciences markets. In clinical diagnostics (56% of sales), Bio-Rad sells test systems and specialized quality controls for clinical laboratories. In life sciences (44% of sales), it develops and manufactures instruments and reagents used in research, biopharmaceutical production, and food testing and has a leadership position in dPCR technology. The company is geographically diverse, with major markets in the Americas (42% of 2023 sales), Europe (31%), Asia (31%), and other (6%). Bio-Rad owns approximately 33% of Sartorius, a lab and bioprocessing supplier that specializes in single-use technology used in biologics manufacturing.

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