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CS Medica AS (XSAT:CSMED) Days Inventory : 45.57 (As of Sep. 2024)


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What is CS Medica AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CS Medica AS's Average Total Inventories for the three months ended in Sep. 2024 was kr1.21 Mil. CS Medica AS's Cost of Goods Sold for the three months ended in Sep. 2024 was kr2.42 Mil. Hence, CS Medica AS's Days Inventory for the three months ended in Sep. 2024 was 45.57.

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

XSAT:CSMED' s Days Inventory Range Over the Past 10 Years
Min: 78.91   Med: 170.55   Max: 4841.62
Current: 145.29

During the past 6 years, CS Medica AS's highest Days Inventory was 4841.62. The lowest was 78.91. And the median was 170.55.

XSAT:CSMED's Days Inventory is ranked better than
65.73% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 187.04 vs XSAT:CSMED: 145.29

CS Medica AS's Days Inventory declined from Sep. 2023 (7,750.99) to Sep. 2024 (45.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. CS Medica AS's Inventory Turnover for the three months ended in Sep. 2024 was 2.00.

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. CS Medica AS's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.31.


CS Medica AS Days Inventory Historical Data

The historical data trend for CS Medica AS'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.

CS Medica AS Days Inventory Chart

CS Medica AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Inventory
Get a 7-Day Free Trial 202.31 285.16 78.91 4,841.62 127.63

CS Medica AS Quarterly Data
Sep19 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 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 7,750.99 238.76 177.24 446.63 45.57

Competitive Comparison of CS Medica AS's Days Inventory

For the Medical Devices subindustry, CS Medica AS'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.


CS Medica AS's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where CS Medica AS's Days Inventory falls into.



CS Medica AS Days Inventory Calculation

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

CS Medica AS's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

Days Inventory (A: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (2.71 + 0.963) / 2 ) / 5.252*365
=1.8365 / 5.252*365
=127.63

CS Medica AS'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
=( (1.458 + 0.963) / 2 ) / 2.424*365 / 4
=1.2105 / 2.424*365 / 4
=45.57

* 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.


CS Medica AS  (XSAT:CSMED) 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.

CS Medica AS's Inventory Turnover for the three months ended in Sep. 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.

CS Medica AS's Inventory to Revenue for the three months ended in Sep. 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.


CS Medica AS Days Inventory Related Terms

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


CS Medica AS Business Description

Traded in Other Exchanges
Address
Indiakaj 10, Copenhagen, DNK, 2100
CS Medica AS is engaged in developing, manufacturing, and commercializing over-the-counter medical device products containing cannabinoids currently focusing on cannabidiol for the treatment of psoriasis and arthritis. It operates in two business segments such as GalaxaPharma A/S responsible for distribution operation for marketing and sales direct-to-consumer, to retailers, and e-tail and CANNORDIC A/S is engaged in research and development, establishing of global business contracts, supply of CBD ingredients and production of finished products.

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