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SKAN Group AG (XSWX:SKAN) Days Inventory : 442.40 (As of Dec. 2023)


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What is SKAN Group AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SKAN Group AG's Average Total Inventories for the six months ended in Dec. 2023 was CHF125.3 Mil. SKAN Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF51.7 Mil. Hence, SKAN Group AG's Days Inventory for the six months ended in Dec. 2023 was 442.40.

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

XSWX:SKAN' s Days Inventory Range Over the Past 10 Years
Min: 435.47   Med: 461.77   Max: 549.37
Current: 549.37

During the past 4 years, SKAN Group AG's highest Days Inventory was 549.37. The lowest was 435.47. And the median was 461.77.

XSWX:SKAN's Days Inventory is ranked worse than
89.56% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 189.595 vs XSWX:SKAN: 549.37

SKAN Group AG's Days Inventory increased from Dec. 2022 (401.71) to Dec. 2023 (442.40). It might indicate that SKAN Group AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SKAN Group AG's Inventory Turnover for the six months ended in Dec. 2023 was 0.41.

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. SKAN Group AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.69.


SKAN Group AG Days Inventory Historical Data

The historical data trend for SKAN Group 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.

* Premium members only.

SKAN Group AG Days Inventory Chart

SKAN Group AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
486.63 435.47 436.91 519.52

SKAN Group AG Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 331.50 493.40 401.71 791.13 442.40

Competitive Comparison of SKAN Group AG's Days Inventory

For the Medical Instruments & Supplies subindustry, SKAN Group 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.


SKAN Group AG's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

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



SKAN Group AG Days Inventory Calculation

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

SKAN Group AG'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
=( (108.198 + 117.989) / 2 ) / 79.456*365
=113.0935 / 79.456*365
=519.52

SKAN Group AG'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
=( (132.584 + 117.989) / 2 ) / 51.684*365 / 2
=125.2865 / 51.684*365 / 2
=442.40

* 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.


SKAN Group AG  (XSWX:SKAN) 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.

SKAN Group AG's Inventory Turnover for the six 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.

SKAN Group AG's Inventory to Revenue for the six 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.


SKAN Group AG Days Inventory Related Terms

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


SKAN Group AG (XSWX:SKAN) Business Description

Traded in Other Exchanges
Address
Kreuzstrasse 5, Allschwil, CHE, 4123
SKAN Group AG is a global market and technological company for isolators, cleanroom devices, and decontamination processes for the aseptic production of biopharmaceutical substances. Its core competency is the design and development of process isolators for the aseptic filling of biopharmaceutical products. The company offer its customers process support, services, and consumables. Its products include biological indicators, isolators, Laboratory/cleanroom equipment, laminar flow, safety workbench, and transfer system.

SKAN Group AG (XSWX:SKAN) Headlines

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