Atrys Health (XMAD:ATRY) Days Inventory : 9.93 (As of Dec. 2023)

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What is Atrys Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atrys Health's Average Total Inventories for the six months ended in Dec. 2023 was €1.6 Mil. Atrys Health's Cost of Goods Sold for the six months ended in Dec. 2023 was €29.9 Mil. Hence, Atrys Health's Days Inventory for the six months ended in Dec. 2023 was 9.93.

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

XMAD:ATRY' s Days Inventory Range Over the Past 10 Years
Min: 8.82 Med: 30.15 Max: 508.67
Current: 9.08

During the past 8 years, Atrys Health's highest Days Inventory was 508.67. The lowest was 8.82. And the median was 30.15.

XMAD:ATRY's Days Inventory is ranked better than
97.09% of 654 companies
in the Biotechnology industry
Industry Median: 193.29 vs XMAD:ATRY: 9.08

Atrys Health's Days Inventory stayed the same from Dec. 2022 (9.93) to Dec. 2023 (9.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Atrys Health's Inventory Turnover for the six months ended in Dec. 2023 was 18.38.

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. Atrys Health's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

Atrys Health Days Inventory Historical Data

The historical data trend for Atrys Health'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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Atrys Health Days Inventory Chart

Atrys Health Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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36.65

23.65

13.13

11.31

8.82

Atrys Health Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											12.12	12.50	9.93	8.48	9.93

Competitive Comparison of Atrys Health's Days Inventory

For the Biotechnology subindustry, Atrys Health'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.

Atrys Health's Days Inventory Distribution in the Biotechnology Industry

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

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

Atrys Health Days Inventory Calculation

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

Atrys Health'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
=	( (1.213	+	1.677)	/	2 )	/	59.799	*	365
=	1.445					/	59.799	*	365
=	8.82

Atrys Health'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.571	+	1.677)	/	2 )	/	29.857	*	365 / 2
=	1.624					/	29.857	*	365 / 2
=	9.93

Atrys Health (XMAD:ATRY) 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.

Atrys Health's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.857	/	1.624
	=	18.38

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.

Atrys Health's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.624	/	83.333
	=	0.02

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.

Atrys Health Days Inventory Related Terms

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

Atrys Health (XMAD:ATRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Atrys Health SA (XMAD:ATRY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

A2T:Germany

Address

c/ Provença, 392 planta baja, Barcelona, ESP, 08025

Website

http://www.atryshealth.com

Atrys Health SA is a Spain based biomedical company which focuses on developing tools for the diagnosis and treatment of cancer and precancerous conditions. It offers diagnostic services in the fields of pathology, hematology, molecular pathology, and genetics. The company uses telemedicine to provide its services in the medical specialties of radiology, cardiology, ophthalmology, and dermatology.

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