The historical rank and industry rank for OraSure Technologies's Days Inventory or its related term are showing as below:
OSUR'
s Days Inventory Range Over the Past 10 Years
Min: 83.45 Med: 119.2 Max: 143.74
Current: 110.23
During the past 13 years, OraSure Technologies's highest Days Inventory was 143.74. The lowest was 83.45. And the median was 119.20.
OSUR's Days Inventory is ranked better than 79.41% of 777
companies
in the Medical Devices & Instruments industry
Industry Median: 190.88
vs OSUR: 110.23
Inventory Turnover measures how fast the company turns over its inventory within a year.
OraSure Technologies's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.66.
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.
OraSure Technologies's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.84.
OraSure Technologies Days Inventory Historical Data
The historical data trend for OraSure 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.
Competitive Comparison of OraSure Technologies's Days Inventory
For the Medical Instruments & Supplies subindustry, OraSure 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.
OraSure Technologies's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, OraSure Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where OraSure Technologies's Days Inventory falls into.
OraSure Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
OraSure Technologies'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.
OraSure Technologies (NAS:OSUR) 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.
OraSure Technologies'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.
OraSure Technologies'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.
OraSure Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of OraSure Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
OraSure Technologies (OraSure Technologies) Business Description
OraSure Technologies is a medical devices company that develops, manufactures, and distributes oral fluid diagnostic and collection devices. Its reportable segments are diagnostics and molecular solutions. The diagnostics segment produces rapid oral diagnostic tests and specimen collection devices for infectious diseases such as HIV and HCV. The molecular solutions segment specializes in kits used to collect, stabilize, and transport genetic material samples for molecular testing of both hereditary diseases and infectious diseases, such as COVID-19. The company gets most of its sales from the molecular solutions business, derived mainly from customers in the United States.
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