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Neptune Technologies & Bioressources Inc. (NAS:NEPT)
Days Inventory
306.34 (As of Nov. 2013)

Neptune Technologies & Bioressources Inc.'s inventory for the three months ended in Nov. 2013 was $12.22 Mil. Neptune Technologies & Bioressources Inc.'s cost of goods sold for the three months ended in Nov. 2013 was $3.63 Mil. Hence, Neptune Technologies & Bioressources Inc.'s days inventory for the three months ended in Nov. 2013 was 306.34.

Neptune Technologies & Bioressources Inc.'s days inventory increased from Nov. 2012 (221.69) to Nov. 2013 (306.34). It might indicate that Neptune Technologies & Bioressources Inc.'s sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Neptune Technologies & Bioressources Inc.'s days sales of inventory (DSI) for the three months ended in Nov. 2013 was 269.13.

Inventory turnover measures how fast the company turns over its inventory within a year. Neptune Technologies & Bioressources Inc.'s inventory turnover for the three months ended in Nov. 2013 was 0.30.

Inventory to revenue ratio 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. Neptune Technologies & Bioressources Inc.'s inventory to revenue ratio for the three months ended in Nov. 2013 was 2.96.


Definition

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

Neptune Technologies & Bioressources Inc.'s Days Inventory for the fiscal year that ended in Feb. 2013 is calculated as

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=11.435546875/15.2666015625*365
=273.41

Neptune Technologies & Bioressources Inc.'s Days Inventory for the quarter that ended in Nov. 2013 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=12.2189849624/3.62969924812*91
=306.34

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Neptune Technologies & Bioressources Inc.'s Days Sales of Inventory for the three months ended in Nov. 2013 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=12.2189849624/4.13157894737*91
=269.13

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Neptune Technologies & Bioressources Inc.'s Inventory Turnover for the three months ended in Nov. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Inventory
=3.62969924812 / 12.2189849624
=0.30

3. 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.

Neptune Technologies & Bioressources Inc.'s Inventory to Revenue for the three months ended in Nov. 2013 is calculated as

Inventory to Revenue=Inventory / Revenue
=12.2189849624 / 4.13157894737
=2.96

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Neptune Technologies & Bioressources Inc. Annual Data

May03May04May05May06May07May08Feb10Feb11Feb12Feb13
DaysInventory 0.00123.5868.4770.68122.7556.9986.57225.24275.16273.41

Neptune Technologies & Bioressources Inc. Quarterly Data

Aug11Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13
DaysInventory 283.98270.99250.63320.54150.68221.69244.29264.52256.62306.34
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