The historical rank and industry rank for Integer Holdings's Days Inventory or its related term are showing as below:
FRA:WGB'
s Days Inventory Range Over the Past 10 Years
Min: 62.96 Med: 75.94 Max: 123.14
Current: 72.25
During the past 13 years, Integer Holdings's highest Days Inventory was 123.14. The lowest was 62.96. And the median was 75.94.
FRA:WGB's Days Inventory is ranked better than 90.98% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 189.595
vs FRA:WGB: 72.25
Integer Holdings's Days Inventory
increased
from Mar. 2023 (70.56) to Mar. 2024 (75.07).
It might indicate that Integer Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Integer Holdings's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.22.
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.
Integer Holdings's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.60.
Integer Holdings Days Inventory Historical Data
The historical data trend for Integer Holdings'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.
Competitive Comparison of Integer Holdings's Days Inventory
For the Medical Devices subindustry, Integer Holdings'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.
Integer Holdings's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Integer Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Integer Holdings's Days Inventory falls into.
Integer Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Integer Holdings's Days Inventory for the fiscal year that 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.
Integer Holdings (FRA:WGB) 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.
Integer Holdings'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.
Integer Holdings'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.
Integer Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Integer Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The company also develops batteries used in nonmedical applications in the energy, military, and environmental markets. The firm organizes itself into two business segments based on the product type: medical and nonmedical. The medical segment uses the firm's technologies to produce components and finished medical devices, and it generates the vast majority of revenue. The company earns more than half of its revenue in the United States.
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