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Revenio Group Oyj (STU:R0V) Days Inventory : 139.34 (As of Mar. 2024)


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What is Revenio Group Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Revenio Group Oyj's Average Total Inventories for the three months ended in Mar. 2024 was €10.69 Mil. Revenio Group Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €7.00 Mil. Hence, Revenio Group Oyj's Days Inventory for the three months ended in Mar. 2024 was 139.34.

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

STU:R0V' s Days Inventory Range Over the Past 10 Years
Min: 60.65   Med: 88.87   Max: 121.61
Current: 121.61

During the past 13 years, Revenio Group Oyj's highest Days Inventory was 121.61. The lowest was 60.65. And the median was 88.87.

STU:R0V's Days Inventory is ranked better than
75.16% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.88 vs STU:R0V: 121.61

Revenio Group Oyj's Days Inventory increased from Mar. 2023 (92.20) to Mar. 2024 (139.34). It might indicate that Revenio Group Oyj's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Revenio Group Oyj's Inventory Turnover for the three months ended in Mar. 2024 was 0.65.

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. Revenio Group Oyj's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.45.


Revenio Group Oyj Days Inventory Historical Data

The historical data trend for Revenio Group Oyj'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.

Revenio Group Oyj Days Inventory Chart

Revenio Group Oyj 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 60.65 85.72 89.49 88.24 110.88

Revenio Group Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 92.20 114.06 135.45 108.13 139.34

Competitive Comparison of Revenio Group Oyj's Days Inventory

For the Medical Devices subindustry, Revenio Group Oyj'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.


Revenio Group Oyj's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Revenio Group Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Revenio Group Oyj's Days Inventory falls into.



Revenio Group Oyj Days Inventory Calculation

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

Revenio Group Oyj'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
=( (6.741 + 10.478) / 2 ) / 28.341*365
=8.6095 / 28.341*365
=110.88

Revenio Group Oyj's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (10.478 + 10.9) / 2 ) / 7*365 / 4
=10.689 / 7*365 / 4
=139.34

* 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.


Revenio Group Oyj  (STU:R0V) 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.

Revenio Group Oyj's Inventory Turnover for the three months ended in Mar. 2024 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.

Revenio Group Oyj's Inventory to Revenue for the three months ended in Mar. 2024 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.


Revenio Group Oyj Days Inventory Related Terms

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


Revenio Group Oyj (STU:R0V) Business Description

Traded in Other Exchanges
Address
Ayritie 22, Vantaa, FIN, 01510
Revenio Group Oyj is a Finnish health technology company. It develops and commercializes effective and easy-to-use health tech-related screening devices for the detection of diseases of significance to public health. Its ophthalmic diagnostic solutions include intraocular pressure (IOP) measurement devices (tonometers), perimeter and fundus imaging devices under the iCare brand. Its eye care software platform Oculo offers clinical communication, telehealth, remote patient monitoring, and data analytics capabilities. The company's geographical segments include Finland, Other Europe, and Others.

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