UTRS (Minerva Surgical) Days Inventory: 286.31 (As of Sep. 2023)


What is Minerva Surgical Days Inventory?

Minerva Surgical UTRS -99.00% Days Inventory is 286.31 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Minerva Surgical's Average Total Inventories for the three months ended in Sep. 2023 was $18.03 Mil. Minerva Surgical's Cost of Goods Sold for the three months ended in Sep. 2023 was $5.75 Mil. Hence, Minerva Surgical's Days Inventory for the three months ended in Sep. 2023 was 286.31.

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

UTRS's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.6
* Ranked among companies with meaningful Days Inventory only.

Minerva Surgical's Days Inventory increased from Sep. 2022 (268.07) to Sep. 2023 (286.31). It might indicate that Minerva Surgical's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minerva Surgical's Inventory Turnover for the three months ended in Sep. 2023 was 0.32.

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. Minerva Surgical's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.51.


Minerva Surgical  (OTCPK:UTRS) 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.

Minerva Surgical's Inventory Turnover for the three months ended in Sep. 2023 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.

Minerva Surgical's Inventory to Revenue for the three months ended in Sep. 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.


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.


Minerva Surgical Days Inventory Related Terms


Minerva Surgical Days Inventory Historical Data

* Premium members only.

The historical data trend for Minerva Surgical'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.

Minerva Surgical Days Inventory Chart

Minerva Surgical Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Inventory
121.88 146.26 218.89 257.55

Minerva Surgical Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 268.07 240.10 281.50 267.21 286.31

UTRS vs PAVM, ELUT, COCH: Days Inventory Comparison

For the Medical Devices subindustry, Minerva Surgical'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.


Minerva Surgical Days Inventory vs Medical Devices & Instruments Industry

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

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



Minerva Surgical Days Inventory Calculation

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

Minerva Surgical's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (15.682 + 16.85) / 2 ) / 23.052*365
=16.266 / 23.052*365
=257.55

Minerva Surgical's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (17.881 + 18.183) / 2 ) / 5.747*365 / 4
=18.032 / 5.747*365 / 4
=286.31

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 286.31 mean?
Minerva Surgical (UTRS) has a Days Inventory of 286.31 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Minerva Surgical and its competitors.
Is Minerva Surgical's Days Inventory too high?
Minerva Surgical's current Days Inventory is 286.31. The Medical Devices & Instruments industry median Days Inventory is 179.60. Minerva Surgical's value of 286.31 is 59.4% above this industry median.
How does Minerva Surgical's Days Inventory compare to PAVM and ELUT?
Minerva Surgical's Days Inventory of 286.31 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.60. Minerva Surgical's value of 286.31 is 59.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.60, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Minerva Surgical's current Days Inventory of 286.31 is 59.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Minerva Surgical and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerva Surgical's current Days Inventory is 286.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Surgical stock overvalued right now?
Minerva Surgical (UTRS) has a current Days Inventory of 286.31. The current Days Inventory is 286.31 and 59.4% above the Medical Devices & Instruments industry median of 179.60. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Minerva Surgical (UTRS), the current Days Inventory is 286.31 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Minerva Surgical Business Description

Address 4255 Burton Drive, Santa Clara, CA, USA, 95054
Minerva Surgical Inc is a medical device company that develops therapeutic devices that treat abnormal uterine bleeding in a minimally invasive manner. The Company operates and manages its business as one reportable and operating segment, which is the business of research, development, and sale of therapeutic devices for abnormal uterine bleeding treatment.