Ion Beam Applications (Ion Beam Applications) Days Inventory : 141.52 (As of Dec. 2023)

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What is Ion Beam Applications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ion Beam Applications's Average Total Inventories for the six months ended in Dec. 2023 was $143.7 Mil. Ion Beam Applications's Cost of Goods Sold for the six months ended in Dec. 2023 was $185.3 Mil. Hence, Ion Beam Applications's Days Inventory for the six months ended in Dec. 2023 was 141.52.

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

IOBCF' s Days Inventory Range Over the Past 10 Years
Min: 136.88 Med: 211.32 Max: 303.36
Current: 151.06

During the past 13 years, Ion Beam Applications's highest Days Inventory was 303.36. The lowest was 136.88. And the median was 211.32.

IOBCF's Days Inventory is ranked better than
64.05% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 189.595 vs IOBCF: 151.06

Ion Beam Applications's Days Inventory increased from Dec. 2022 (129.28) to Dec. 2023 (141.52). It might indicate that Ion Beam Applications's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ion Beam Applications's Inventory Turnover for the six months ended in Dec. 2023 was 1.29.

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. Ion Beam Applications's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.51.

Ion Beam Applications Days Inventory Historical Data

The historical data trend for Ion Beam Applications'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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Ion Beam Applications Days Inventory Chart

Ion Beam Applications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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202.41

159.53

147.41

140.77

141.82

Ion Beam Applications 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															133.65	162.34	129.28	170.64	141.52

Competitive Comparison of Ion Beam Applications's Days Inventory

For the Medical Devices subindustry, Ion Beam Applications'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.

Ion Beam Applications's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Ion Beam Applications's Days Inventory falls into.

Ion Beam Applications Days Inventory Calculation

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

Ion Beam Applications'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
=	( (107.01	+	142.361)	/	2 )	/	320.911	*	365
=	124.6855					/	320.911	*	365
=	141.82

Ion Beam Applications'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
=	( (144.983	+	142.361)	/	2 )	/	185.274	*	365 / 2
=	143.672					/	185.274	*	365 / 2
=	141.52

Ion Beam Applications (OTCPK:IOBCF) 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.

Ion Beam Applications's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	185.274	/	143.672
	=	1.29

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.

Ion Beam Applications's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	143.672	/	282.769
	=	0.51

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.

Ion Beam Applications Days Inventory Related Terms

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Ion Beam Applications (Ion Beam Applications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ion Beam Applications SA (OTCPK:IOBCF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

0GZK:UK IOB:Germany IBAB:Belgium

Address

Chemin du Cyclotron, 3, Louvain-La-Neuve, BEL, B-1348

Website

https://www.iba-worldwide.com

Ion Beam Applications SA develops and manufactures medical devices and software solutions. The firm operates in two segments: proton therapy and other accelerators and dosimetry. Proton therapy and other accelerators business contribute to the majority of sales. It offers solutions for precision cancer treatment through the use of proton beams, as well as cyclotrons used for the production of radioisotopes and industrial accelerators for sterilization and ionization. The dosimetry business sells measurement and quality assurance instruments for radiotherapy and medical imaging. The firm operates in three geographical areas: Belgium, the United States, and the Rest of the World, with REst-of-World sales generating the largest proportion of revenue.