OssDsign AB (OSTO:OSSD) Days Inventory : 513.43 (As of Mar. 2024)

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What is OssDsign AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OssDsign AB's Average Total Inventories for the three months ended in Mar. 2024 was kr9.64 Mil. OssDsign AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1.71 Mil. Hence, OssDsign AB's Days Inventory for the three months ended in Mar. 2024 was 513.43.

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

OSTO:OSSD' s Days Inventory Range Over the Past 10 Years
Min: 70.03 Med: 78.99 Max: 245.16
Current: 245.16

During the past 6 years, OssDsign AB's highest Days Inventory was 245.16. The lowest was 70.03. And the median was 78.99.

OSTO:OSSD's Days Inventory is ranked worse than
64.7% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 193.31 vs OSTO:OSSD: 245.16

OssDsign AB's Days Inventory increased from Dec. 2022 (0.00) to Mar. 2024 (513.43). It might indicate that OssDsign AB's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. OssDsign AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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. OssDsign AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.36.

OssDsign AB Days Inventory Historical Data

The historical data trend for OssDsign 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.

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OssDsign AB Days Inventory Chart

OssDsign AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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79.74

78.24

70.03

100.76

OssDsign AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	68.71	163.12	107.00	513.43

Competitive Comparison of OssDsign AB's Days Inventory

For the Medical Devices subindustry, OssDsign 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.

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

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

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

OssDsign AB Days Inventory Calculation

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

OssDsign 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
=	( (2.125	+	4.418)	/	2 )	/	11.851	*	365
=	3.2715					/	11.851	*	365
=	100.76

OssDsign AB's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (9.49	+	9.798)	/	2 )	/	1.714	*	365 / 4
=	9.644					/	1.714	*	365 / 4
=	513.43

OssDsign AB (OSTO:OSSD) 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.

OssDsign AB's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.714	/	9.644
	=	0.18

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.

OssDsign AB's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.644	/	27.029
	=	0.36

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.

OssDsign AB Days Inventory Related Terms

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

OssDsign AB (OSTO:OSSD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » OssDsign AB (OSTO:OSSD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

5J6:Germany

Address

Rapsgatan 23 A, Uppsala, SWE, 75450

Website

https://www.ossdsign.com

OssDsign AB is a designer and manufacturer of implants and material technology for bone regeneration. The products include OssDsign Cranial and CranioPlug.

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