RaySearch Laboratories AB (CHIX:RAYBS) Inventory Turnover: 0.66 (As of Mar. 2026)


CHIX:RAYBS RaySearch Laboratories AB CHIX:RAYBS
94 GF Score
Price kr234.70
GF Value kr180.90
Valuation Modestly Overvalued
! 2 Warning Signs
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What is RaySearch Laboratories AB Inventory Turnover?

RaySearch Laboratories AB CHIX:RAYBS 94 Inventory Turnover is 0.66 as of Mar. 2026. GuruFocus rates CHIX:RAYBS with a GF Score™ of 94/100 and a GF Value™ of kr180.90 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. RaySearch Laboratories AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr24 Mil. RaySearch Laboratories AB's Average Total Inventories for the quarter that ended in Mar. 2026 was kr36 Mil. RaySearch Laboratories AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RaySearch Laboratories AB's Days Inventory for the three months ended in Mar. 2026 was 137.85.

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. RaySearch Laboratories AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.12.

RaySearch Laboratories AB  (CHIX:RAYBs) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

RaySearch Laboratories AB's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=35.5/23.5*365 / 4
=137.85

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.

RaySearch Laboratories AB's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=35.5 / 290.3
=0.12

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

RaySearch Laboratories AB Inventory Turnover Related Terms

RaySearch Laboratories AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for RaySearch Laboratories AB's Inventory Turnover 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.

RaySearch Laboratories AB Inventory Turnover Chart

RaySearch Laboratories AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 4.31 9.10 9.99 6.25

RaySearch Laboratories AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 2.49 1.20 0.38 1.52 0.66
CHIX:RAYBS
94GF Score
RaySearch Laboratories AB CHIX:RAYBS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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RaySearch Laboratories AB Inventory Turnover Calculation

RaySearch Laboratories AB's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=101.9 / ((10.6 + 22) / 2 )
=101.9 / 16.3
=6.25

RaySearch Laboratories AB's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=23.5 / ((22 + 49) / 2 )
=23.5 / 35.5
=0.66

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.66 mean?
RaySearch Laboratories AB (CHIX:RAYBS) has a Inventory Turnover of 0.66 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on RaySearch Laboratories AB and its competitors.
Is RaySearch Laboratories AB's Inventory Turnover too high?
RaySearch Laboratories AB's current Inventory Turnover is 0.66. Overall, RaySearch Laboratories AB has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RaySearch Laboratories AB's Inventory Turnover compare to VEEV and BTSG?
RaySearch Laboratories AB's Inventory Turnover of 0.66 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on RaySearch Laboratories AB and its competitors. RaySearch Laboratories AB's current Inventory Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RaySearch Laboratories AB stock overvalued right now?
Based on GuruFocus' analysis, RaySearch Laboratories AB (CHIX:RAYBS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr180.90, compared to a current price of kr234.70 — trading 29.7% above its estimated fair value. The current Inventory Turnover is 0.66. RaySearch Laboratories AB's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For RaySearch Laboratories AB (CHIX:RAYBS), the current Inventory Turnover is 0.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RaySearch Laboratories AB (CHIX:RAYBS) Overvalued in 2026?

Based on GuruFocus' analysis, RaySearch Laboratories AB stock appears to be overvalued. The current stock price of kr234.70 is trading 29.7% above its estimated GF Value™ of kr180.90. GuruFocus considers RaySearch Laboratories AB to be Modestly Overvalued.

Key valuation signals for CHIX:RAYBS:

  • Inventory Turnover: 0.66
  • GF Value™: kr180.90 vs. price of kr234.70 (29.7% above fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the CHIX:RAYBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

RaySearch Laboratories AB Business Description

Address Eugeniavagen 18C, Stockholm, SWE, 113 68
RaySearch Laboratories AB is a Sweden-based medical technology company. The company develops software solutions for improved cancer treatment. The company develops and markets the RayStation treatment planning system and RayCare oncology information system to clinics all over the world and distributes products through licensing agreements with medical technology companies. Its geographic segments consist of the Americas, Asia-Pacific & Middle East, Europe, and the rest of world.
94GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr234.70
Price
kr180.90
GF Value