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Cerus (FRA:CU2) Days Inventory : 182.99 (As of Dec. 2023)


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What is Cerus Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cerus's Average Total Inventories for the three months ended in Dec. 2023 was €38.3 Mil. Cerus's Cost of Goods Sold for the three months ended in Dec. 2023 was €19.1 Mil. Hence, Cerus's Days Inventory for the three months ended in Dec. 2023 was 182.99.

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

FRA:CU2' s Days Inventory Range Over the Past 10 Years
Min: 135.85   Med: 184.96   Max: 241.34
Current: 196.94

During the past 13 years, Cerus's highest Days Inventory was 241.34. The lowest was 135.85. And the median was 184.96.

FRA:CU2's Days Inventory is ranked worse than
52.19% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 189.595 vs FRA:CU2: 196.94

Cerus's Days Inventory increased from Dec. 2022 (138.79) to Dec. 2023 (182.99). It might indicate that Cerus's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cerus's Inventory Turnover for the three months ended in Dec. 2023 was 0.50.

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. Cerus's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.89.


Cerus Days Inventory Historical Data

The historical data trend for Cerus'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.

Cerus Days Inventory Chart

Cerus 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 178.65 197.74 139.14 131.78 181.87

Cerus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 138.79 219.76 202.30 210.05 182.99

Competitive Comparison of Cerus's Days Inventory

For the Medical Devices subindustry, Cerus'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.


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

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

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



Cerus Days Inventory Calculation

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

Cerus'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
=( (27.379 + 36.559) / 2 ) / 64.16*365
=31.969 / 64.16*365
=181.87

Cerus'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (39.973 + 36.559) / 2 ) / 19.082*365 / 4
=38.266 / 19.082*365 / 4
=182.99

* 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.


Cerus  (FRA:CU2) 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.

Cerus's Inventory Turnover for the three 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.

Cerus's Inventory to Revenue for the three 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.


Cerus Days Inventory Related Terms

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


Cerus (FRA:CU2) Business Description

Traded in Other Exchanges
Address
1220 Concord Avenue, Suite 600, Concord, CA, USA, 94520
Cerus Corp is a biomedical products company focused on the field of blood transfusion safety. The INTERCEPT Blood System is designed to reduce the risk of transfusion-transmitted infections by inactivating a broad range of pathogens such as viruses, bacteria, and parasites. The company sells its INTERCEPT platelet and plasma systems in the United States of America, Europe, the Commonwealth of Independent States countries, the Middle East, and selected countries in other regions around the world. The firm continues to operate in only one segment: Blood safety and generates revenue from the same.

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