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Nissan Medical Industries (XTAE:NISA) Days Inventory : 114.20 (As of Dec. 2024)


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What is Nissan Medical Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nissan Medical Industries's Average Total Inventories for the three months ended in Dec. 2024 was ₪162.1 Mil. Nissan Medical Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪129.5 Mil. Hence, Nissan Medical Industries's Days Inventory for the three months ended in Dec. 2024 was 114.20.

The historical rank and industry rank for Nissan Medical Industries's Days Inventory or its related term are showing as below:

XTAE:NISA' s Days Inventory Range Over the Past 10 Years
Min: 42.24   Med: 52.13   Max: 91.63
Current: 89.81

During the past 12 years, Nissan Medical Industries's highest Days Inventory was 91.63. The lowest was 42.24. And the median was 52.13.

XTAE:NISA's Days Inventory is ranked better than
84.65% of 782 companies
in the Medical Devices & Instruments industry
Industry Median: 182.245 vs XTAE:NISA: 89.81

Nissan Medical Industries's Days Inventory increased from Dec. 2023 (75.64) to Dec. 2024 (114.20). It might indicate that Nissan Medical Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nissan Medical Industries's Inventory Turnover for the three months ended in Dec. 2024 was 0.80.

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. Nissan Medical Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.19.


Nissan Medical Industries Days Inventory Historical Data

The historical data trend for Nissan Medical Industries'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.

Nissan Medical Industries Days Inventory Chart

Nissan Medical Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.24 56.66 64.53 67.58 91.63

Nissan Medical Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 75.64 68.76 83.38 94.66 114.20

Competitive Comparison of Nissan Medical Industries's Days Inventory

For the Medical Instruments & Supplies subindustry, Nissan Medical Industries'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.


Nissan Medical Industries's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Nissan Medical Industries's Days Inventory falls into.


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Nissan Medical Industries Days Inventory Calculation

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

Nissan Medical Industries's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (114.949 + 169.251) / 2 ) / 566.056*365
=142.1 / 566.056*365
=91.63

Nissan Medical Industries's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (154.934 + 169.251) / 2 ) / 129.522*365 / 4
=162.0925 / 129.522*365 / 4
=114.20

* 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.


Nissan Medical Industries  (XTAE:NISA) 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.

Nissan Medical Industries's Inventory Turnover for the three months ended in Dec. 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.

Nissan Medical Industries's Inventory to Revenue for the three months ended in Dec. 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.


Nissan Medical Industries Days Inventory Related Terms

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


Nissan Medical Industries Business Description

Traded in Other Exchanges
N/A
Address
9 Harugei Malhut, Tel Aviv, ISR, 69714
Nissan Medical Industries Ltd manufactures surgical dressing products made of gauze and Non-Woven fabrics. Its products comprises of gauze swabs, non-woven swabs, absorbent pads, absorbent balls, bandages and orthopedic padding.

Nissan Medical Industries Headlines

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