Medcom Tech (XMAD:MED) Days Inventory : 333.61 (As of Dec. 2022)

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What is Medcom Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medcom Tech's Average Total Inventories for the six months ended in Dec. 2022 was €6.83 Mil. Medcom Tech's Cost of Goods Sold for the six months ended in Dec. 2022 was €7.48 Mil. Hence, Medcom Tech's Days Inventory for the six months ended in Dec. 2022 was 166.80.

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

XMAD:MED' s Days Inventory Range Over the Past 10 Years
Min: 275.17 Med: 384.34 Max: 521.55
Current: 333.61

During the past 13 years, Medcom Tech's highest Days Inventory was 521.55. The lowest was 275.17. And the median was 384.34.

XMAD:MED's Days Inventory is not ranked
in the Medical Distribution industry.
Industry Median: 61.555 vs XMAD:MED: 333.61

Medcom Tech's Days Inventory increased from Dec. 2020 (327.51) to Dec. 2022 (333.61). It might indicate that Medcom Tech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Medcom Tech's Inventory Turnover for the six months ended in Dec. 2022 was 1.09.

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. Medcom Tech's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.30.

Medcom Tech Days Inventory Historical Data

The historical data trend for Medcom Tech'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.

Medcom Tech Days Inventory Chart

Medcom Tech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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325.90

328.94

327.51

275.17

333.61

Medcom Tech Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Inventory	Get a 7-Day Free Trial									325.90	328.94	327.51	275.17	333.61

Competitive Comparison of Medcom Tech's Days Inventory

For the Medical Distribution subindustry, Medcom Tech'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.

Medcom Tech's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medcom Tech's Days Inventory distribution charts can be found below:

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

Medcom Tech Days Inventory Calculation

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

Medcom Tech'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
=	( (6.271	+	7.395)	/	2 )	/	7.476	*	365
=	6.833					/	7.476	*	365
=	333.61

Medcom Tech's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (6.271	+	7.395)	/	2 )	/	7.476	*	365 / 2
=	6.833					/	7.476	*	365 / 2
=	166.80

Medcom Tech (XMAD:MED) 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.

Medcom Tech's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.476	/	6.833
	=	1.09

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.

Medcom Tech's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.833	/	22.407
	=	0.30

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.

Medcom Tech Days Inventory Related Terms

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

Medcom Tech (XMAD:MED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Medcom Tech SA (XMAD:MED) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/ Catalunya, 83-85, Viladecans Business Park - Edificio Brasil, Viladecans, Barcelona, ESP, 08840

Website

http://www.medcomtech.es

Medcom Tech SA is engaged in the distribution of medical and surgical products in the areas of orthopedics, traumatology, and neurosurgery in Spain and Portugal.