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American Oncology Network (American Oncology Network) Days Inventory : 11.42 (As of Mar. 2024)


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What is American Oncology Network Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). American Oncology Network's Average Total Inventories for the three months ended in Mar. 2024 was $44.43 Mil. American Oncology Network's Cost of Goods Sold for the three months ended in Mar. 2024 was $354.95 Mil. Hence, American Oncology Network's Days Inventory for the three months ended in Mar. 2024 was 11.42.

The historical rank and industry rank for American Oncology Network's Days Inventory or its related term are showing as below:

AONCW' s Days Inventory Range Over the Past 10 Years
Min: 12.29   Med: 12.36   Max: 15.71
Current: 15.71

During the past 4 years, American Oncology Network's highest Days Inventory was 15.71. The lowest was 12.29. And the median was 12.36.

AONCW's Days Inventory is ranked better than
72.16% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: 32.13 vs AONCW: 15.71

American Oncology Network's Days Inventory declined from Dec. 2022 (12.17) to Mar. 2024 (11.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. American Oncology Network's Inventory Turnover for the three months ended in Mar. 2024 was 7.99.

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. American Oncology Network's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.

American Oncology Network Days Inventory Historical Data

The historical data trend for American Oncology Network'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.

American Oncology Network Days Inventory Chart

American Oncology Network Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 14.56 12.29 12.36

American Oncology Network Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial 12.17 11.95 11.11 11.92 11.42

Competitive Comparison of American Oncology Network's Days Inventory

For the Medical Care Facilities subindustry, American Oncology Network'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.

American Oncology Network's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Oncology Network's Days Inventory distribution charts can be found below:

* The bar in red indicates where American Oncology Network's Days Inventory falls into.


American Oncology Network Days Inventory Calculation

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

American Oncology Network'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
=( (36.476 + 44.569) / 2 ) / 1196.389*365
=40.5225 / 1196.389*365
=12.36

American Oncology Network'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
=( (44.569 + 44.288) / 2 ) / 354.948*365 / 4
=44.4285 / 354.948*365 / 4
=11.42

* 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.

American Oncology Network  (NAS:AONCW) 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.

American Oncology Network's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=354.948 / 44.4285
=7.99

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.

American Oncology Network's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=44.4285 / 364.339
=0.12

* 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.

American Oncology Network Days Inventory Related Terms

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American Oncology Network (American Oncology Network) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » American Oncology Network Inc (NAS:AONCW) » Definitions » Days Inventory
Comparable Companies
PIII TOI BTMD AVAH CYH JYNT PNTG SNDA AIRS CCM HCA SAU:4013 SZSE:300015 HKSE:06618 XTER:FRE BKK:BDMS XKLS:5225 BSP:RDOR3 XTER:FME UHS
Traded in Other Exchanges
AONC:USA
Address
10485 NE 6th Street, Unit 3930, Bellevue, WA, USA, 98004
Website
https://www.aoncology.com
American Oncology Network Inc Formerly American Oncology Network LLC is an alliance of physicians and seasoned healthcare leaders who provide comprehensive oncology services through 24 oncology practices located in Arkansas, Louisiana, Indiana, Virginia, Ohio, Nevada, Iowa, Missouri, Washington, North Carolina, Michigan, Maryland, South Carolina, Arizona, and Georgia. The Company also provides expertise in drug procurement and payor contracting, along with practice diversification through centralized laboratory and pathology services, as well as specialty pharmacy services.