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Clinical Laserthermia Systems AB (OSTO:CLS B) Days Inventory : 570.22 (As of Sep. 2023)


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What is Clinical Laserthermia Systems AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clinical Laserthermia Systems AB's Average Total Inventories for the three months ended in Sep. 2023 was kr3.09 Mil. Clinical Laserthermia Systems AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr0.49 Mil. Hence, Clinical Laserthermia Systems AB's Days Inventory for the three months ended in Sep. 2023 was 570.22.

The historical rank and industry rank for Clinical Laserthermia Systems AB's Days Inventory or its related term are showing as below:

OSTO:CLS B' s Days Inventory Range Over the Past 10 Years
Min: 113.86   Med: 900.98   Max: 1827.8
Current: 138.18

During the past 13 years, Clinical Laserthermia Systems AB's highest Days Inventory was 1827.80. The lowest was 113.86. And the median was 900.98.

OSTO:CLS B's Days Inventory is ranked better than
68.81% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 192.65 vs OSTO:CLS B: 138.18

Clinical Laserthermia Systems AB's Days Inventory increased from Sep. 2022 (188.05) to Sep. 2023 (570.22). It might indicate that Clinical Laserthermia Systems AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clinical Laserthermia Systems AB's Inventory Turnover for the three months ended in Sep. 2023 was 0.16.

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. Clinical Laserthermia Systems AB's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.56.


Clinical Laserthermia Systems AB Days Inventory Historical Data

The historical data trend for Clinical Laserthermia Systems AB'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.

Clinical Laserthermia Systems AB Days Inventory Chart

Clinical Laserthermia Systems AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 900.98 929.12 1,827.80 214.62 113.86

Clinical Laserthermia Systems AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 188.05 52.20 208.87 173.59 570.22

Competitive Comparison of Clinical Laserthermia Systems AB's Days Inventory

For the Medical Devices subindustry, Clinical Laserthermia Systems AB'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.


Clinical Laserthermia Systems AB's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Clinical Laserthermia Systems AB's Days Inventory falls into.



Clinical Laserthermia Systems AB Days Inventory Calculation

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

Clinical Laserthermia Systems AB's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (4.155 + 1.496) / 2 ) / 9.058*365
=2.8255 / 9.058*365
=113.86

Clinical Laserthermia Systems AB's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (3.033 + 3.141) / 2 ) / 0.494*365 / 4
=3.087 / 0.494*365 / 4
=570.22

* 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.


Clinical Laserthermia Systems AB  (OSTO:CLS B) 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.

Clinical Laserthermia Systems AB's Inventory Turnover for the three months ended in Sep. 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.

Clinical Laserthermia Systems AB's Inventory to Revenue for the three months ended in Sep. 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.


Clinical Laserthermia Systems AB Days Inventory Related Terms

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


Clinical Laserthermia Systems AB (OSTO:CLS B) Business Description

Traded in Other Exchanges
Address
Scheelevagen 2, Medicon village, Lund, SWE, 223 81
Clinical Laserthermia Systems AB develops and sells single-use products used during each treatment procedure of treatment of solid tumors cancers. Its products include Thermal Therapy System, Mobile Laser Unit, Laser Applicator Non-cooled and Tissue Temp Probe.

Clinical Laserthermia Systems AB (OSTO:CLS B) Headlines

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