The historical rank and industry rank for Intelgenx Technologies's Days Inventory or its related term are showing as below:
IGXT'
s Days Inventory Range Over the Past 10 Years
Min: 12.18 Med: 19.38 Max: 77.35
Current: 15.46
During the past 13 years, Intelgenx Technologies's highest Days Inventory was 77.35. The lowest was 12.18. And the median was 19.38.
IGXT's Days Inventory is ranked better than 95.23% of 650
companies
in the Biotechnology industry
Industry Median: 191.745
vs IGXT: 15.46
Intelgenx Technologies's Days Inventory
declined
from Dec. 2022 (13.58) to Dec. 2023 (12.82).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Intelgenx Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 7.12.
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.
Intelgenx Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.18.
Intelgenx Technologies Days Inventory Historical Data
The historical data trend for Intelgenx 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 Intelgenx Technologies's Days Inventory
For the Biotechnology subindustry, Intelgenx 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.
Intelgenx Technologies's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Intelgenx Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Intelgenx Technologies's Days Inventory falls into.
Intelgenx Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Intelgenx 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.
Intelgenx Technologies (OTCPK:IGXT) 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.
Intelgenx Technologies's Inventory Turnover for the
three
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.
Intelgenx Technologies's Inventory to Revenue for the
three
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.
Intelgenx Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Intelgenx Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Intelgenx Technologies (Intelgenx Technologies) Business Description
Intelgenx Technologies Corp is an oral drug delivery company. The company is focused on the development and manufacturing of pharmaceutical oral films based on its proprietary VersaFilmTM technology platform. Intelegenx focuses on the development of novel oral immediate-release and controlled-release products for the pharmaceutical market. It offers a comprehensive portfolio of pharmaceutical services, including pharmaceutical R&D, clinical monitoring, regulatory support, tech transfer and manufacturing scale-up, and commercial manufacturing. Its geographical segments are Europe, Canada, and United States.
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