Days Inventory is also known as Days Sales of Inventory (DSI). Lannett Co's Average Total Inventories for the
three
months ended in Mar. 2023 was $92.8 Mil. Lannett Co's Cost of Goods Sold for the
three
months ended in Mar. 2023 was $65.3 Mil.
Hence, Lannett Co's Days Inventory for the
three
months ended in Mar. 2023 was 129.60.
The historical rank and industry rank for Lannett Co's Days Inventory or its related term are showing as below:
LCINQ'
s Days Inventory Range Over the Past 10 Years
Min: 114.25 Med: 121.67 Max: 165.34
Current: 131.66
During the past 13 years, Lannett Co's highest Days Inventory was 165.34. The lowest was 114.25. And the median was 121.67.
LCINQ's Days Inventory is not ranked
in the Drug Manufacturers industry.
Industry Median: 157.54
vs LCINQ: 131.66
Lannett Co's Days Inventory
increased
from Mar. 2022 (121.95) to Mar. 2023 (129.60).
It might indicate that Lannett Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lannett Co's Inventory Turnover for the
three
months ended in Mar. 2023 was 0.70.
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.
Lannett Co's Inventory-to-Revenue for the
three
months ended in Mar. 2023 was 1.15.
Lannett Co Days Inventory Historical Data
The historical data trend for Lannett Co'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 Lannett Co's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Lannett Co'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.
Lannett Co's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Lannett Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lannett Co's Days Inventory falls into.
Lannett Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lannett Co's Days Inventory for the fiscal year that ended in Jun. 2022 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.
Lannett Co (OTCPK:LCINQ) 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.
Lannett Co's Inventory Turnover for the
three
months ended in Mar. 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.
Lannett Co's Inventory to Revenue for the
three
months ended in Mar. 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.
Lannett Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Lannett Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lannett Co Inc develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products. It offers solid oral, extended-release, topical, nasal, and oral solution finished dosage forms of drugs that address a range of therapeutic areas, as well as ophthalmic, patch, foam, buccal, sublingual, soft gel, and injectable dosages. In addition, the company also provides its products for various medical indications comprising glaucoma, gastrointestinal, migraine, obesity, respiratory, and others. It operates in the segment of generic pharmaceuticals. Its customers include generic pharmaceutical distributors, drug wholesalers, chain drug stores, private label distributors, mail-order pharmacies, and others.
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