Avid Bioservices (STU:TEHN) Change In Inventory : €9.7 Mil (TTM As of Jan. 2024)

View and export this data going back to . Start your Free Trial

What is Avid Bioservices Change In Inventory?

Avid Bioservices's change in inventory for the quarter that ended in Jan. 2024 was €3.7 Mil. It means Avid Bioservices's inventory declined by €3.7 Mil from Oct. 2023 to Jan. 2024 .

Avid Bioservices's change in inventory for the fiscal year that ended in Apr. 2023 was €-16.3 Mil. It means Avid Bioservices's inventory increased by €16.3 Mil from Apr. 2022 to Apr. 2023 .

Avid Bioservices's Total Inventories for the quarter that ended in Jan. 2024 was €31.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avid Bioservices's Days Inventory for the quarter that ended in Jan. 2024 was 107.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avid Bioservices's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.85.

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. Avid Bioservices's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.10.

Avid Bioservices Change In Inventory Historical Data

The historical data trend for Avid Bioservices's Change In 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.

Avid Bioservices Change In Inventory Chart

Avid Bioservices Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

Get a 7-Day Free Trial

1.51

-3.98

-0.83

-13.14

-16.28

Avid Bioservices Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-5.61	1.09	2.75	2.16	3.69

Avid Bioservices Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €9.7 Mil.

Avid Bioservices (STU:TEHN) Change In Inventory Explanation

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

Avid Bioservices's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	34.1355	/	28.854	*	365 / 4
	=	107.95

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

Avid Bioservices's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.854	/	34.1355
	=	0.85

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.

Avid Bioservices's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.1355	/	31.042
	=	1.10

Avid Bioservices Change In Inventory Related Terms

Thank you for viewing the detailed overview of Avid Bioservices's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Avid Bioservices (STU:TEHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Avid Bioservices Inc (STU:TEHN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CDMO:USA

Address

14191 Myford Road, Tustin, CA, USA, 92780

Website

https://www.avidbio.com

Avid Bioservices Inc is a clinical-stage biopharmaceutical company focused on the development and Current Good Manufacturing Practices (CGMP) of biopharmaceutical products derived from mammalian cell culture. The company provides a comprehensive range of process development and high-quality CGMP clinical and commercial manufacturing services for the biotechnology and biopharmaceutical industries.

Avid Bioservices (STU:TEHN) Headlines

No Headlines