Days Inventory is also known as Days Sales of Inventory (DSI). HBM Holdings's Average Total Inventories for the
six
months ended in Dec. 2023 was $1.00 Mil. HBM Holdings's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $2.01 Mil.
Hence, HBM Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 90.75.
The historical rank and industry rank for HBM Holdings's Days Inventory or its related term are showing as below:
HBMHF'
s Days Inventory Range Over the Past 10 Years
Min: 183.37 Med: 1557.71 Max: 2928.65
Current: 183.37
During the past 6 years, HBM Holdings's highest Days Inventory was 2928.65. The lowest was 183.37. And the median was 1557.71.
HBMHF's Days Inventory is ranked better than 51.91% of 653
companies
in the Biotechnology industry
Industry Median: 190.92
vs HBMHF: 183.37
HBM Holdings's Days Inventory
declined
from Dec. 2022 (3,073.06) to Dec. 2023 (90.75).
Inventory Turnover measures how fast the company turns over its inventory within a year.
HBM Holdings's Inventory Turnover for the
six
months ended in Dec. 2023 was 2.01.
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.
HBM Holdings's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.02.
HBM Holdings Days Inventory Historical Data
The historical data trend for HBM Holdings'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 HBM Holdings's Days Inventory
For the Biotechnology subindustry, HBM Holdings'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.
HBM Holdings's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, HBM Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where HBM Holdings's Days Inventory falls into.
HBM Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
HBM Holdings'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.
HBM Holdings (OTCPK:HBMHF) 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.
HBM Holdings's Inventory Turnover for the
six
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.
HBM Holdings's Inventory to Revenue for the
six
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.
HBM Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of HBM Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
HBM Holdings Ltd is a clinical-stage biopharmaceutical company engaged in the discovery and development of differentiated antibody therapeutics in immunology and oncology disease areas. Its products under development are Batoclimab, for the treatment of a wide spectrum of autoimmune diseases; Tanfanercept, for the treatment of moderate-to-severe dry eye disease (DED); HBM4003; HBM9378, to prevent and treat COVID-19, the pandemic respiratory disease caused by the SARS-CoV-2 virus; HBM7008; and others. Its geographical segments are Mainland China, United States, Europe, and others. Majority of revenue is generated from Europe.
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