MedNation AG (FRA:EIF) Days Inventory : 16.15 (As of Jun. 2023)

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What is MedNation AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MedNation AG's Average Total Inventories for the six months ended in Jun. 2023 was €0.29 Mil. MedNation AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €3.27 Mil. Hence, MedNation AG's Days Inventory for the six months ended in Jun. 2023 was 16.15.

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

FRA:EIF' s Days Inventory Range Over the Past 10 Years
Min: 7.93 Med: 14.65 Max: 24.77
Current: 14.98

During the past 13 years, MedNation AG's highest Days Inventory was 24.77. The lowest was 7.93. And the median was 14.65.

FRA:EIF's Days Inventory is ranked better than
74.68% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.7 vs FRA:EIF: 14.98

MedNation AG's Days Inventory declined from Jun. 2022 (17.84) to Jun. 2023 (16.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. MedNation AG's Inventory Turnover for the six months ended in Jun. 2023 was 11.30.

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. MedNation AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.01.

MedNation AG Days Inventory Historical Data

The historical data trend for MedNation 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.

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MedNation AG Days Inventory Chart

MedNation AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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15.51

13.51

17.80

24.77

15.93

MedNation AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															29.46	20.56	17.84	13.67	16.15

Competitive Comparison of MedNation AG's Days Inventory

For the Medical Care Facilities subindustry, MedNation 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.

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

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

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

MedNation AG Days Inventory Calculation

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

MedNation AG's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.415	+	0.288)	/	2 )	/	8.052	*	365
=	0.3515					/	8.052	*	365
=	15.93

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

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.288	+	0.291)	/	2 )	/	3.272	*	365 / 2
=	0.2895					/	3.272	*	365 / 2
=	16.15

MedNation AG (FRA:EIF) 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.

MedNation AG's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.272	/	0.2895
	=	11.30

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.

MedNation AG's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2895	/	20.968
	=	0.01

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.

MedNation AG Days Inventory Related Terms

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MedNation AG (FRA:EIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MedNation AG (FRA:EIF) » Definitions » Days Inventory

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EIF:Germany

Address

Graurheindorfer Strabe 137, Bonn, NW, DEU, 53117

Website

https://www.mednation.de

MedNation AG operates rehabilitation hospitals. It has been operating facilities for rehabilitation, geriatric care and outpatient medical care at several locations for decades. The business purpose of MedNation AG also includes the development of independent outpatient centers as central, multidisciplinary medical centers to support freelance KV outpatient, specialist and medical-related care, especially in rural regions of Germany.

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