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Medmix AG (XSWX:MEDX) Days Inventory : 104.08 (As of Dec. 2023)


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What is Medmix AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medmix AG's Average Total Inventories for the six months ended in Dec. 2023 was CHF92.9 Mil. Medmix AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF162.9 Mil. Hence, Medmix AG's Days Inventory for the six months ended in Dec. 2023 was 104.08.

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

XSWX:MEDX' s Days Inventory Range Over the Past 10 Years
Min: 82.62   Med: 96.63   Max: 103.44
Current: 102.66

During the past 6 years, Medmix AG's highest Days Inventory was 103.44. The lowest was 82.62. And the median was 96.63.

XSWX:MEDX's Days Inventory is ranked better than
59.38% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs XSWX:MEDX: 102.66

Medmix AG's Days Inventory declined from Dec. 2022 (110.50) to Dec. 2023 (104.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Medmix AG's Inventory Turnover for the six months ended in Dec. 2023 was 1.75.

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. Medmix AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.39.


Medmix AG Days Inventory Historical Data

The historical data trend for Medmix AG'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.

Medmix AG Days Inventory Chart

Medmix AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 88.95 99.26 93.99 103.44 99.96

Medmix AG Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.07 102.10 110.50 103.94 104.08

Competitive Comparison of Medmix AG's Days Inventory

For the Specialty Industrial Machinery subindustry, Medmix AG'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.


Medmix AG's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Medmix AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Medmix AG's Days Inventory falls into.



Medmix AG Days Inventory Calculation

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

Medmix AG'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
=( (91.8 + 88.4) / 2 ) / 329*365
=90.1 / 329*365
=99.96

Medmix AG's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (97.4 + 88.4) / 2 ) / 162.9*365 / 2
=92.9 / 162.9*365 / 2
=104.08

* 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.


Medmix AG  (XSWX:MEDX) 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.

Medmix AG's Inventory Turnover for the six months ended in Dec. 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.

Medmix AG's Inventory to Revenue for the six months ended in Dec. 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.


Medmix AG Days Inventory Related Terms

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


Medmix AG (XSWX:MEDX) Business Description

Traded in Other Exchanges
Address
Dammstrasse 19, Baar, Zug, CHE, 6340
Medmix AG delivers technologies in high-precision delivery devices and fluid mixing for applications. It is into two business areas Healthcare and Consumer & Industrial. The Healthcare business area is divided into the Dental, Drug Delivery and Surgery segments. The Consumer & Industrial business area operates through the Industry and Beauty segments. The majority of revenue is from Consumer & Industrial segment. In the Industry segment, dispensers, cartridges, and mixers are used in the construction, transportation (automotive, railways and aerospace), electronics assembly, infrastructure and DIY industries. Geographically, it operates in Europe the Middle East and Africa, the Americas and Asia-Pacific.

Medmix AG (XSWX:MEDX) Headlines