Days Inventory is also known as Days Sales of Inventory (DSI). Level Bio AB's Average Total Inventories for the
three
months ended in Mar. 2024 was kr4.05 Mil. Level Bio AB's Cost of Goods Sold for the
three
months ended in Mar. 2024 was kr2.62 Mil.
Hence, Level Bio AB's Days Inventory for the
three
months ended in Mar. 2024 was 141.36.
The historical rank and industry rank for Level Bio AB's Days Inventory or its related term are showing as below:
XSAT:LEVBIO'
s Days Inventory Range Over the Past 10 Years
Min: 80.25 Med: 136.48 Max: 174.33
Current: 150.77
During the past 13 years, Level Bio AB's highest Days Inventory was 174.33. The lowest was 80.25. And the median was 136.48.
XSAT:LEVBIO's Days Inventory is ranked worse than 78.31% of 189
companies
in the Medical Diagnostics & Research industry
Industry Median: 65.4
vs XSAT:LEVBIO: 150.77
Level Bio AB's Days Inventory
increased
from Mar. 2023 (117.71) to Mar. 2024 (141.36).
It might indicate that Level Bio AB's sales slowed down.
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.
Level Bio AB'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.
Level Bio AB's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.74.
Level Bio AB Days Inventory Historical Data
The historical data trend for Level Bio 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.
Competitive Comparison of Level Bio AB's Days Inventory
For the Diagnostics & Research subindustry, Level Bio 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.
Level Bio AB's Days Inventory Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Level Bio AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where Level Bio AB's Days Inventory falls into.
Level Bio AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Level Bio AB's Days Inventory for the fiscal year that 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.
Level Bio AB (XSAT:LEVBIO) 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.
Level Bio AB'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.
Level Bio AB'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.
Level Bio AB Days Inventory Related Terms
Thank you for viewing the detailed overview of Level Bio AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
AlphaHelix Molecular Diagnostics AB develops, manufactures, and markets products for DNA-identification and quantitation in molecular diagnostics and life science research. Its product inlcude Rob, BugScreener MRSA, and aAmp. The company applications inlcude Diagnostics, PCR and Liquid handling.
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