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Neptune Technologies & Bioressources Inc (NAS:NEPT)
Days Inventory
199.26 (As of May. 2016)

Neptune Technologies & Bioressources Inc's average inventory for the three months ended in May. 2016 was $13.05 Mil. Neptune Technologies & Bioressources Inc's cost of goods sold for the three months ended in May. 2016 was $5.98 Mil. Hence, Neptune Technologies & Bioressources Inc's days inventory for the three months ended in May. 2016 was 199.26.

NEPT' s Days Inventory Range Over the Past 10 Years
Min: 58.23   Max: 318.25
Current: 248.07

58.23
318.25

During the past 13 years, Neptune Technologies & Bioressources Inc's highest Days Inventory was 318.25. The lowest was 58.23. And the median was 195.73.

NEPT's Days Inventory is ranked lower than
79% of the 445 Companies
in the Global Biotechnology industry.

( Industry Median: 131.23 vs. NEPT: 248.07 )

Neptune Technologies & Bioressources Inc's days inventory declined from May. 2015 (348.60) to May. 2016 (199.26).

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 May. 2016 was 136.95.

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 May. 2016 was 0.46.

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 May. 2016 was 1.50.


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. 2016 is calculated as

Days Inventory (A: Feb. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Feb. 2015 ) + Inventory (A: Feb. 2016 )) / 2 ) / COGS (A: Feb. 2016 )*Days in Period
=( (10.7072565805 + 13.1325650504) / 2 ) / 13.0934261071*365
=11.9199108154 / 13.0934261071*365
=332.29

Neptune Technologies & Bioressources Inc's Days Inventory for the quarter that ended in May. 2016 is calculated as:

Days Inventory (Q: May. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Feb. 2016 ) + Inventory (Q: May. 2016 )) / 2 ) / COGS (Q: May. 2016 )*Days in Period
=( (13.1325650504 + 12.9702587872) / 2 ) / 5.97682502897*365 / 4
=13.0514119188 / 5.97682502897*365 / 4
=199.26

* 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 May. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=13.0514119188/8.69602162997*365 / 4
=136.95

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 May. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Inventory
=5.97682502897 / 13.0514119188
=0.46

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 May. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=13.0514119188 / 8.69602162997
=1.50

* 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

May06May07May08Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysInventory 55.5797.3468.2767.22173.91229.93217.51283.94227.36332.29

Neptune Technologies & Bioressources Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
DaysInventory 425.13440.98247.32388.92165.74348.60357.92315.94206.78199.26
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