GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » AcouSort AB (OSTO:ACOU) » Definitions » Days Inventory

AcouSort AB (OSTO:ACOU) Days Inventory : 293.25 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is AcouSort AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AcouSort AB's Average Total Inventories for the three months ended in Dec. 2023 was kr2.17 Mil. AcouSort AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr0.67 Mil. Hence, AcouSort AB's Days Inventory for the three months ended in Dec. 2023 was 293.25.

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

OSTO:ACOU' s Days Inventory Range Over the Past 10 Years
Min: 61.96   Med: 254.96   Max: 407.28
Current: 339.32

During the past 11 years, AcouSort AB's highest Days Inventory was 407.28. The lowest was 61.96. And the median was 254.96.

OSTO:ACOU's Days Inventory is ranked worse than
71.98% of 653 companies
in the Biotechnology industry
Industry Median: 192.54 vs OSTO:ACOU: 339.32

AcouSort AB's Days Inventory declined from Dec. 2022 (764.22) to Dec. 2023 (293.25).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. AcouSort AB's Inventory Turnover for the three months ended in Dec. 2023 was 0.31.

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.


AcouSort AB Days Inventory Historical Data

The historical data trend for AcouSort AB'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.

AcouSort AB Days Inventory Chart

AcouSort AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 407.28 144.13 97.08 198.51 311.40

AcouSort AB Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only 764.22 173.87 1,036.77 540.51 293.25

Competitive Comparison of AcouSort AB's Days Inventory

For the Biotechnology subindustry, AcouSort AB'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.


AcouSort AB's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, AcouSort AB's Days Inventory distribution charts can be found below:

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



AcouSort AB Days Inventory Calculation

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

AcouSort AB'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
=( (1.609 + 2.08) / 2 ) / 2.162*365
=1.8445 / 2.162*365
=311.40

AcouSort AB'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
=( (2.252 + 2.08) / 2 ) / 0.674*365 / 4
=2.166 / 0.674*365 / 4
=293.25

* 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.


AcouSort AB  (OSTO:ACOU) 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.

AcouSort AB'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.

AcouSort AB'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.


AcouSort AB Days Inventory Related Terms

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


AcouSort AB (OSTO:ACOU) Business Description

Traded in Other Exchanges
Address
Medicon Village, Lund, SWE, SE-223 81
AcouSort AB is a company that specializes in products and solutions for the automated preparation of biological samples for researchers and life science companies. Its technology is based on using ultrasound to isolate, separate or trap microscopic particles such as blood cells, bacteria, or extracellular vesicles in microfluidic channels. The company products include AcouTrap, AcouWash, and AcouPlasma.

AcouSort AB (OSTO:ACOU) Headlines

No Headlines