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Life Technologies (FRA:IVN) Days Inventory : 99.80 (As of Sep. 2013)


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What is Life Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Life Technologies's Average Total Inventories for the three months ended in Sep. 2013 was €319 Mil. Life Technologies's Cost of Goods Sold for the three months ended in Sep. 2013 was €292 Mil. Hence, Life Technologies's Days Inventory for the three months ended in Sep. 2013 was 99.80.

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

FRA:IVN's Days Inventory is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 65.99
* Ranked among companies with meaningful Days Inventory only.

Life Technologies's Days Inventory increased from Sep. 2012 (85.11) to Sep. 2013 (99.80). It might indicate that Life Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Life Technologies's Inventory Turnover for the three months ended in Sep. 2013 was 0.91.

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. Life Technologies's Inventory-to-Revenue for the three months ended in Sep. 2013 was 0.46.


Life Technologies Days Inventory Historical Data

The historical data trend for Life 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.

* Premium members only.

Life Technologies Days Inventory Chart

Life Technologies Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.85 101.09 79.29 76.64 85.58

Life Technologies Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 85.11 83.92 92.27 97.44 99.80

Competitive Comparison of Life Technologies's Days Inventory

For the Diagnostics & Research subindustry, Life 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.


Life Technologies's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Life Technologies's Days Inventory distribution charts can be found below:

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



Life Technologies Days Inventory Calculation

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

Life Technologies's Days Inventory for the fiscal year that ended in Dec. 2012 is calculated as

Days Inventory (A: Dec. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (287.178 + 307.458) / 2 ) / 1267.994*365
=297.318 / 1267.994*365
=85.58

Life Technologies's Days Inventory for the quarter that ended in Sep. 2013 is calculated as:

Days Inventory (Q: Sep. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count ) / Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=( (315.959 + 322.455) / 2 ) / 291.86*365 / 4
=319.207 / 291.86*365 / 4
=99.80

* 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.


Life Technologies  (FRA:IVN) 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.

Life Technologies's Inventory Turnover for the three months ended in Sep. 2013 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.

Life Technologies's Inventory to Revenue for the three months ended in Sep. 2013 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.


Life Technologies Days Inventory Related Terms

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


Life Technologies (FRA:IVN) Business Description

Traded in Other Exchanges
N/A
Address
Life Technologies Corp began operations as a California partnership in 1987 and incorporated in California in 1989. In 1997, the Company reincorporated as a Delaware corporation. On November 21, 2008, Invitrogen Corporation, a predecessor company to Life Technologies, completed the acquisition of Applied Biosystems, Inc. to form a new company called Life Technologies Corporation. The Company is a global life sciences company dedicated to improving the human condition. The Company's systems, consumables and services enable researchers and commercial markets to accelerate scientific exploration, to discoveries and developments that better the quality of life. The Company's products are also used in forensics, food and water testing and other industrial applications. The Company delivers a range of products and services, including systems, instruments, reagents, software, and custom services. Its growing portfolio of products includes innovative technologies for capillary electrophoresis-based sequencing, next generation sequencing, PCR, sample preparation, cell culture, RNA interference analysis, functional genomics research, proteomics and cell biology applications, as well as clinical diagnostic applications, forensics and animal, food, pharmaceutical and water testing analysis. The Company also provides its customers convenient and value-added purchasing options through thousands of sales and service professionals, e-commerce capabilities and onsite supply center solutions. The Company operates is business under three divisions: Molecular Biology Systems ('MBS'), Cell Systems ('CS'), and Genetic Systems ('GS'). The MBS division includes the molecular biology-based technologies, including basic and real-time PCR, RNAi, DNA synthesis, sample prep, transfection, cloning and protein expression profiling, protein analysis and thermo-cycler instrumentation. The CS division includes all product lines used in the study of cell function, including cell culture media and sera, stem cells and related tools, cellular imaging products, antibodies, drug discovery services and cell therapy related products. The GS division includes capillary electrophoresis systems and reagents and next generation sequencing systems and reagents, including the SOLiDTM and Ion TorrentTM systems, as well as reagent kits developed specifically for applied markets, such as forensics and food safety, animal health and pharmaceutical quality monitoring. The Company offers many different products and services and is continually developing and/or acquiring others. Some of its specific product categories include the following: 'High-throughput' gene cloning and expression technology; Pre-cast electrophoresis products; Antibodies; Magnetic beads; Molecular Probes fluorescence-based technologies; Transfection reagents; PCR and Real Time PCR systems and reagents; and RNA Interference reagents. The Company's manufacturing operations require a variety of raw materials, elec

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