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Merus Labs International (Merus Labs International) Days Inventory : 166.13 (As of Mar. 2017)


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What is Merus Labs International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Merus Labs International's Average Total Inventories for the three months ended in Mar. 2017 was $11.46 Mil. Merus Labs International's Cost of Goods Sold for the three months ended in Mar. 2017 was $6.29 Mil. Hence, Merus Labs International's Days Inventory for the three months ended in Mar. 2017 was 166.13.

The historical rank and industry rank for Merus Labs International's Days Inventory or its related term are showing as below:

MSLI's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 157.9
* Ranked among companies with meaningful Days Inventory only.

Merus Labs International's Days Inventory increased from Mar. 2016 (111.41) to Mar. 2017 (166.13). It might indicate that Merus Labs International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Merus Labs International's Inventory Turnover for the three months ended in Mar. 2017 was 0.55.

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. Merus Labs International's Inventory-to-Revenue for the three months ended in Mar. 2017 was 0.68.


Merus Labs International Days Inventory Historical Data

The historical data trend for Merus Labs International'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.

Merus Labs International Days Inventory Chart

Merus Labs International Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 917.86 258.58 156.43 240.78 118.38

Merus Labs International Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 111.41 99.10 100.67 157.97 166.13

Competitive Comparison of Merus Labs International's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Merus Labs International'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.


Merus Labs International's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Merus Labs International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Merus Labs International's Days Inventory falls into.



Merus Labs International Days Inventory Calculation

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

Merus Labs International's Days Inventory for the fiscal year that ended in Sep. 2016 is calculated as

Days Inventory (A: Sep. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2015 ) + Total Inventories (A: Sep. 2016 )) / count ) / Cost of Goods Sold (A: Sep. 2016 )*Days in Period
=( (5.126 + 9.689) / 2 ) / 22.839*365
=7.4075 / 22.839*365
=118.38

Merus Labs International's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (11.387 + 11.531) / 2 ) / 6.294*365 / 4
=11.459 / 6.294*365 / 4
=166.13

* 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.


Merus Labs International  (NAS:MSLI) 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.

Merus Labs International's Inventory Turnover for the three months ended in Mar. 2017 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.

Merus Labs International's Inventory to Revenue for the three months ended in Mar. 2017 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.


Merus Labs International Days Inventory Related Terms

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Merus Labs International (Merus Labs International) Business Description

Traded in Other Exchanges
N/A
Address
Merus Labs International Inc was incorporated on October 1, 2012 in British Columbia. The Company is a specialty pharmaceutical company. It acquires prescription medicines in various categories which include on patent but at maturity stage of product life cycle; branded generics; under promoted products; Niche market pharmaceuticals; and products with annual sales below critical threshold for large pharma. The Company competes with multinational pharmaceutical development corporations to small, single product companies that may limit their activities to a particular therapeutic area or region or territory.

Merus Labs International (Merus Labs International) Headlines