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Bausch & Lomb (TSX:BLCO) Days Inventory : 225.10 (As of Mar. 2024)


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What is Bausch & Lomb Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bausch & Lomb's Average Total Inventories for the three months ended in Mar. 2024 was C$1,416 Mil. Bausch & Lomb's Cost of Goods Sold for the three months ended in Mar. 2024 was C$574 Mil. Hence, Bausch & Lomb's Days Inventory for the three months ended in Mar. 2024 was 225.10.

The historical rank and industry rank for Bausch & Lomb's Days Inventory or its related term are showing as below:

TSX:BLCO' s Days Inventory Range Over the Past 10 Years
Min: 140.2   Med: 162.83   Max: 184.94
Current: 183.85

During the past 6 years, Bausch & Lomb's highest Days Inventory was 184.94. The lowest was 140.20. And the median was 162.83.

TSX:BLCO's Days Inventory is ranked better than
51.87% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.63 vs TSX:BLCO: 183.85

Bausch & Lomb's Days Inventory increased from Mar. 2023 (161.96) to Mar. 2024 (225.10). It might indicate that Bausch & Lomb's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bausch & Lomb's Inventory Turnover for the three months ended in Mar. 2024 was 0.41.

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. Bausch & Lomb's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.95.


Bausch & Lomb Days Inventory Historical Data

The historical data trend for Bausch & Lomb'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.

Bausch & Lomb Days Inventory Chart

Bausch & Lomb Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 162.83 173.93 147.85 140.20 184.94

Bausch & Lomb Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 161.96 155.02 167.64 177.00 225.10

Competitive Comparison of Bausch & Lomb's Days Inventory

For the Medical Instruments & Supplies subindustry, Bausch & Lomb'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.


Bausch & Lomb's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Bausch & Lomb's Days Inventory falls into.



Bausch & Lomb Days Inventory Calculation

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

Bausch & Lomb'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
=( (853.138 + 1379.165) / 2 ) / 2202.908*365
=1116.1515 / 2202.908*365
=184.94

Bausch & Lomb'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1379.165 + 1452.413) / 2 ) / 573.926*365 / 4
=1415.789 / 573.926*365 / 4
=225.10

* 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.


Bausch & Lomb  (TSX:BLCO) 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.

Bausch & Lomb'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.

Bausch & Lomb'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.


Bausch & Lomb Days Inventory Related Terms

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


Bausch & Lomb (TSX:BLCO) Business Description

Traded in Other Exchanges
Address
520 Applewood Crescent, Vaughan, ON, CAN, L4K 4B4
Bausch & Lomb is one of the largest vision care companies in the U.S. The firm was previously a subsidiary under parent company Bausch Health and it was spun off to become a public company in 2022. It operates in three segments: vision care, surgical, and ophthalmic pharmaceuticals. Vision care is composed of contact lenses, a market which B&L controls 10%, and ocular health products, which includes Biotrue and Lumify. Surgical includes a suite of intraocular lenses, equipment for cataract and vitreoretinal surgeries, as well as surgical instruments. Ophthalmic pharmaceuticals has a diverse lineup of products, including Xipere, Vyzulta, and Lotemax that treat different complications. With over 100 products, B&L has the largest portfolio of eye care prescriptions in the space.
Executives
Ambrose Robert Douglas Bailey Senior Officer
Andrew Jude Stewart Senior Officer