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Sartorius AG (XTER:SRT) Days Inventory : 222.42 (As of Mar. 2024)


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What is Sartorius AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sartorius AG's Average Total Inventories for the three months ended in Mar. 2024 was €1,032 Mil. Sartorius AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €424 Mil. Hence, Sartorius AG's Days Inventory for the three months ended in Mar. 2024 was 222.42.

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

XTER:SRT' s Days Inventory Range Over the Past 10 Years
Min: 107.08   Med: 141.97   Max: 226
Current: 226

During the past 13 years, Sartorius AG's highest Days Inventory was 226.00. The lowest was 107.08. And the median was 141.97.

XTER:SRT's Days Inventory is ranked worse than
60.18% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 189.595 vs XTER:SRT: 226.00

Sartorius AG's Days Inventory declined from Mar. 2023 (243.77) to Mar. 2024 (222.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sartorius AG's Inventory Turnover for the three months ended in Mar. 2024 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. Sartorius AG's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.26.


Sartorius AG Days Inventory Historical Data

The historical data trend for Sartorius 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.

Sartorius AG Days Inventory Chart

Sartorius AG 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 149.90 156.21 164.35 189.39 221.15

Sartorius AG 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 243.77 258.67 237.57 192.74 222.42

Competitive Comparison of Sartorius AG's Days Inventory

For the Medical Instruments & Supplies subindustry, Sartorius 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.


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

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

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



Sartorius AG Days Inventory Calculation

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

Sartorius 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
=( (1179.1 + 1036.8) / 2 ) / 1828.6*365
=1107.95 / 1828.6*365
=221.15

Sartorius AG'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
=( (1036.8 + 1027.7) / 2 ) / 423.5*365 / 4
=1032.25 / 423.5*365 / 4
=222.42

* 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.


Sartorius AG  (XTER:SRT) 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.

Sartorius AG'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.

Sartorius AG'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.


Sartorius AG Days Inventory Related Terms

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


Sartorius AG (XTER:SRT) Business Description

Address
Otto-Brenner-Strasse 20, Gottingen, NI, DEU, 37079
Sartorius AG is a leading provider of bioprocessing solutions. Its Bioprocess division sells equipment and consumables for upstream and downstream manufacturing of biologic drugs, and has a focus on single-use technology, or SUT. Its Lab Products and Services division offers a wide range of products for lab use, including scales, pipettes, and filtration equipment. As of 2022, the Bioprocess and LPS divisions contributed 80% and 20% of revenue, respectively. Bioprocess is housed in its subsidiary Sartorius Stedim Biotech, of which Sartorius AG has a 74% ownership and 85% voting control. The business is geographically diverse, with revenue across Europe, the Middle East, and Africa (37% of 2022 sales), the Americas (37%), and Asia-Pacific (26%). We estimate China revenue to be around 10%.