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Invent Medic Sweden AB (XSAT:IMS) Days Inventory : 136.57 (As of Jun. 2024)


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What is Invent Medic Sweden AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Invent Medic Sweden AB's Average Total Inventories for the three months ended in Jun. 2024 was kr0.67 Mil. Invent Medic Sweden AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr0.45 Mil. Hence, Invent Medic Sweden AB's Days Inventory for the three months ended in Jun. 2024 was 136.57.

The historical rank and industry rank for Invent Medic Sweden AB's Days Inventory or its related term are showing as below:

XSAT:IMS' s Days Inventory Range Over the Past 10 Years
Min: 165.43   Med: 538.31   Max: 1174.77
Current: 165.43

During the past 8 years, Invent Medic Sweden AB's highest Days Inventory was 1174.77. The lowest was 165.43. And the median was 538.31.

XSAT:IMS's Days Inventory is ranked better than
59.8% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 195.1 vs XSAT:IMS: 165.43

Invent Medic Sweden AB's Days Inventory increased from Jun. 2023 (133.66) to Jun. 2024 (136.57). It might indicate that Invent Medic Sweden AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Invent Medic Sweden AB's Inventory Turnover for the three months ended in Jun. 2024 was 0.67.

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. Invent Medic Sweden AB's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.34.


Invent Medic Sweden AB Days Inventory Historical Data

The historical data trend for Invent Medic Sweden 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.

Invent Medic Sweden AB Days Inventory Chart

Invent Medic Sweden AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1,174.77 538.31 606.61 399.89 172.21

Invent Medic Sweden AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 133.66 322.40 137.06 155.42 136.57

Competitive Comparison of Invent Medic Sweden AB's Days Inventory

For the Medical Devices subindustry, Invent Medic Sweden 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.


Invent Medic Sweden AB's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Invent Medic Sweden AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Invent Medic Sweden AB's Days Inventory falls into.



Invent Medic Sweden AB Days Inventory Calculation

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

Invent Medic Sweden 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
=( (0.789 + 0.617) / 2 ) / 1.49*365
=0.703 / 1.49*365
=172.21

Invent Medic Sweden AB's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.657 + 0.675) / 2 ) / 0.445*365 / 4
=0.666 / 0.445*365 / 4
=136.57

* 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.


Invent Medic Sweden AB  (XSAT:IMS) 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.

Invent Medic Sweden AB's Inventory Turnover for the three months ended in Jun. 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.

Invent Medic Sweden AB's Inventory to Revenue for the three months ended in Jun. 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.


Invent Medic Sweden AB Days Inventory Related Terms

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


Invent Medic Sweden AB Business Description

Traded in Other Exchanges
N/A
Address
Medicon Village, Scheele path 2, Lund, SWE, 223 81
Invent Medic Sweden AB develops and markets its product - Efemia bladder support, a vaginal medical device for the treatment of female urinary incontinence.

Invent Medic Sweden AB Headlines

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