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Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Days Inventory : 296.57 (As of Dec. 2023)


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What is Aspen Pharmacare Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aspen Pharmacare Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $1,032 Mil. Aspen Pharmacare Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $635 Mil. Hence, Aspen Pharmacare Holdings's Days Inventory for the six months ended in Dec. 2023 was 296.57.

The historical rank and industry rank for Aspen Pharmacare Holdings's Days Inventory or its related term are showing as below:

APNHY' s Days Inventory Range Over the Past 10 Years
Min: 166.12   Med: 267.35   Max: 343.05
Current: 285.73

During the past 13 years, Aspen Pharmacare Holdings's highest Days Inventory was 343.05. The lowest was 166.12. And the median was 267.35.

APNHY's Days Inventory is ranked worse than
82.12% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.9 vs APNHY: 285.73

Aspen Pharmacare Holdings's Days Inventory declined from Dec. 2022 (312.70) to Dec. 2023 (296.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aspen Pharmacare Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.62.

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. Aspen Pharmacare Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.91.


Aspen Pharmacare Holdings Days Inventory Historical Data

The historical data trend for Aspen Pharmacare Holdings'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.

Aspen Pharmacare Holdings Days Inventory Chart

Aspen Pharmacare Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 334.55 371.33 244.25 278.73 313.34

Aspen Pharmacare Holdings 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 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 280.70 275.07 312.70 292.04 296.57

Competitive Comparison of Aspen Pharmacare Holdings's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Aspen Pharmacare Holdings'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.


Aspen Pharmacare Holdings's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aspen Pharmacare Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aspen Pharmacare Holdings's Days Inventory falls into.



Aspen Pharmacare Holdings Days Inventory Calculation

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

Aspen Pharmacare Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (996.75 + 1045.943) / 2 ) / 1189.717*365
=1021.3465 / 1189.717*365
=313.34

Aspen Pharmacare Holdings'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
=( (1045.943 + 1017.346) / 2 ) / 634.848*365 / 2
=1031.6445 / 634.848*365 / 2
=296.57

* 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.


Aspen Pharmacare Holdings  (OTCPK:APNHY) 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.

Aspen Pharmacare Holdings's Inventory Turnover for the six months ended in Dec. 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.

Aspen Pharmacare Holdings's Inventory to Revenue for the six months 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.


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.


Aspen Pharmacare Holdings Days Inventory Related Terms

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


Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Business Description

Traded in Other Exchanges
Address
Douglas Saunders Drive, Aspen Place, 9 Rydall Vale Park, La Lucia Ridge, Durban, NL, ZAF
Aspen Pharmacare Holdings Ltd is a specialty pharmaceutical company with a commercial footprint covering more than 50 countries and complex manufacturing capabilities in both API and finished dose form. The company focuses on a broad range of post-patent, branded medicines and domestic brands spanning many therapeutic areas. The company has four business segments such as Active Pharmaceutical Ingredients (API) - this segment includes the API Chemicals business and non-heparin biochemical API business, Heparin - this segment includes the full value chain contribution from all heparin containing products including API and Finished Dose. Form (FDF) sales Key products include the Fraxiparine and MonoEmbolex heparin containing FDF products and FDF Steriles segment.

Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Headlines

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