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Agiliti (Agiliti) Days Inventory : 36.25 (As of Dec. 2023)


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What is Agiliti Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Agiliti's Average Total Inventories for the three months ended in Dec. 2023 was $77 Mil. Agiliti's Cost of Goods Sold for the three months ended in Dec. 2023 was $193 Mil. Hence, Agiliti's Days Inventory for the three months ended in Dec. 2023 was 36.25.

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

AGTI' s Days Inventory Range Over the Past 10 Years
Min: 11.55   Med: 24.48   Max: 35.67
Current: 35.67

During the past 6 years, Agiliti's highest Days Inventory was 35.67. The lowest was 11.55. And the median was 24.48.

AGTI's Days Inventory is ranked worse than
53.4% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs AGTI: 35.67

Agiliti's Days Inventory increased from Dec. 2022 (34.36) to Dec. 2023 (36.25). It might indicate that Agiliti's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Agiliti's Inventory Turnover for the three months ended in Dec. 2023 was 2.52.

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. Agiliti's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Agiliti Days Inventory Historical Data

The historical data trend for Agiliti'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.

Agiliti Days Inventory Chart

Agiliti Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 11.55 15.17 24.48 33.16 34.25

Agiliti Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.36 34.41 36.35 37.07 36.25

Competitive Comparison of Agiliti's Days Inventory

For the Health Information Services subindustry, Agiliti'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.


Agiliti's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Agiliti's Days Inventory distribution charts can be found below:

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



Agiliti Days Inventory Calculation

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

Agiliti'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
=( (70.132 + 74.484) / 2 ) / 770.501*365
=72.308 / 770.501*365
=34.25

Agiliti'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (79.195 + 74.484) / 2 ) / 193.43*365 / 4
=76.8395 / 193.43*365 / 4
=36.25

* 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.


Agiliti  (NYSE:AGTI) 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.

Agiliti's Inventory Turnover for the three 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.

Agiliti's Inventory to Revenue for the three 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.


Agiliti Days Inventory Related Terms

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


Agiliti (Agiliti) Business Description

Traded in Other Exchanges
N/A
Address
11095 Viking Drive, Eden Prairie, MN, USA, 55344
Agiliti Inc is a provider of end-to-end healthcare technology management and service solutions to the United States healthcare industry. The services provided by the company include Clinical engineering, Equipment rental, Imaging services, and Onsite Management among others. Geographically, it operates only in the United States.
Executives
Thomas J Leonard director, officer: Chief Executive Officer CAREFUSION CORPORATION, 3750 TORREY VIEW COURT, SAN DIEGO CA 92130
James B Pekarek officer: EVP & CFO C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Matthew E. Mccabe officer: VP of Finance & Treasurer C/O AGILITI, INC., 6625 WEST 78TH STREET, SUITE 300, MINNEAPOLIS MN 55439
Lee M Neumann officer: SVP & GC C/O UNIVERSAL HOSPITAL SERVICES, INC, 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Robert L Creviston officer: SVP, Human Resources C/O UNIVERSAL HOSPITAL SERVICES, INC, 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Matthew Neale officer: SVP, Chief Information Officer 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Lori M. Jones officer: SVP, Chief Commercial Officer 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Derrick L Johnson officer: SVP, Chief Operating Officer C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
David Anbari officer: SVP, STRTGY & SOLUT'N MGMT 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Gary L. Gottlieb director 1 VAN DE GRAAFF DRIVE, BURLINGTON MA 01803
C Martin Harris director
Bettyann Bird officer: SVP, Strtgy & Solut'n Mgmt C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Scott A Christensen officer: VP, Controller & CAO C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Diane B. Patrick director C/O AGILITI, INC., 6625 WEST 78TH STREET, SUITE 300, MINNEAPOLIS MN 55439
John L Workman director C/O HEALTHSOUTH CORPORATION, ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243

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