Deltex Medical Group (LSE:DEMG) Inventory Turnover : 0.52 (As of Jun. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Deltex Medical Group Inventory Turnover?

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. Deltex Medical Group's Cost of Goods Sold for the six months ended in Jun. 2024 was £0.35 Mil. Deltex Medical Group's Average Total Inventories for the quarter that ended in Jun. 2024 was £0.68 Mil. Deltex Medical Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deltex Medical Group's Days Inventory for the six months ended in Jun. 2024 was 353.88.

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. Deltex Medical Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.64.

Deltex Medical Group Inventory Turnover Historical Data

The historical data trend for Deltex Medical Group'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.

* Premium members only.

Deltex Medical Group Inventory Turnover Chart

Deltex Medical Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

1.22

0.84

0.81

0.80

0.85

Deltex Medical Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.38	0.41	0.40	0.42	0.52

Deltex Medical Group Inventory Turnover Calculation

Deltex Medical Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0.651	/ (	(0.821	+	0.716)	/	2 )
=	0.651	/	0.7685
=	0.85

Deltex Medical Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0.353	/ (	(0.716	+	0.653)	/	2 )
=	0.353	/	0.6845
=	0.52

Deltex Medical Group (LSE:DEMG) 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.

Deltex Medical Group's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0.6845	/	0.353	*	365 / 2
	=	353.88

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.

Deltex Medical Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.6845	/	1.064
	=	0.64

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.

Deltex Medical Group Inventory Turnover Related Terms

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

Deltex Medical Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Deltex Medical Group PLC (LSE:DEMG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terminus Road, Chichester, West Sussex, GBR, PO19 8TX

Website

https://www.deltexmedical.com

Deltex Medical Group PLC is a British manufacturer of Fluid Management devices, which include the ODM and now ODM+ haemodynamic monitoring systems. The company has developed the gold standard for haemodynamic monitoring with oesophageal Doppler technology, which is marketed as TrueVue Doppler and often generically referred to by clinicians as ODM. The company's initial and principal technology is Doppler-based ultrasound oesophageal haemodynamic monitoring.

Deltex Medical Group Headlines

No Headlines