Anteris Technologies (ASX:AVR) Days Inventory : 131.64 (As of Dec. 2023)

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What is Anteris Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anteris Technologies's Average Total Inventories for the six months ended in Dec. 2023 was A$0.74 Mil. Anteris Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1.02 Mil. Hence, Anteris Technologies's Days Inventory for the six months ended in Dec. 2023 was 131.64.

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

ASX:AVR' s Days Inventory Range Over the Past 10 Years
Min: 118.2 Med: 158.01 Max: 183.56
Current: 152.27

During the past 13 years, Anteris Technologies's highest Days Inventory was 183.56. The lowest was 118.20. And the median was 158.01.

ASX:AVR's Days Inventory is ranked better than
63.62% of 778 companies
in the Medical Devices & Instruments industry
Industry Median: 191.615 vs ASX:AVR: 152.27

Anteris Technologies's Days Inventory increased from Dec. 2022 (104.34) to Dec. 2023 (131.64). It might indicate that Anteris Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anteris Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 1.39.

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. Anteris Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.42.

Anteris Technologies Days Inventory Historical Data

The historical data trend for Anteris Technologies'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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Anteris Technologies Days Inventory Chart

Anteris Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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176.92

167.95

161.47

118.20

134.18

Anteris Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															133.39	125.69	104.34	213.92	131.64

Competitive Comparison of Anteris Technologies's Days Inventory

For the Medical Devices subindustry, Anteris Technologies'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.

Anteris Technologies's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Anteris Technologies's Days Inventory falls into.

Anteris Technologies Days Inventory Calculation

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

Anteris Technologies'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
=	( (0.525	+	0.647)	/	2 )	/	1.594	*	365
=	0.586					/	1.594	*	365
=	134.18

Anteris Technologies'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
=	( (0.823	+	0.647)	/	2 )	/	1.019	*	365 / 2
=	0.735					/	1.019	*	365 / 2
=	131.64

Anteris Technologies (ASX:AVR) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.019	/	0.735
	=	1.39

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.735	/	1.762
	=	0.42

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.

Anteris Technologies Days Inventory Related Terms

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

Anteris Technologies (ASX:AVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Anteris Technologies Ltd (ASX:AVR) » Definitions » Days Inventory

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AMEUF:USA

Address

Level 3, 9 Sherwood Road, Suite 302, Toowong Tower, Toowong, QLD, AUS, 4066

Website

https://www.anteristech.com

Anteris Technologies Ltd is a structural heart company engaged in delivering clinically superior solutions that help healthcare professionals create life-changing outcomes for patients. The group's solutions include Anteris' DurAVR transcatheter heart valve for younger patients who need a heart valve that will last their lifetime, as well as DurAVR with its biomimetic design that replicates the normal blood flow of a healthy human aortic valve. The company derives key revenue from Australia and the U.S.

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