Oxford Cannabinoid Technologies Holdings (LSE:OCTP) Days Inventory : 0.00 (As of Oct. 2023)

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What is Oxford Cannabinoid Technologies Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oxford Cannabinoid Technologies Holdings's Average Total Inventories for the six months ended in Oct. 2023 was £0.00 Mil. Oxford Cannabinoid Technologies Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was £1.17 Mil. Hence, Oxford Cannabinoid Technologies Holdings's Days Inventory for the six months ended in Oct. 2023 was 0.00.

The historical rank and industry rank for Oxford Cannabinoid Technologies Holdings's Days Inventory or its related term are showing as below:

LSE:OCTP's Days Inventory is not ranked ^*
in the Biotechnology industry.
Industry Median: 193.86
* Ranked among companies with meaningful Days Inventory only.

Oxford Cannabinoid Technologies Holdings's Days Inventory stayed the same from Oct. 2022 (0.00) to Oct. 2023 (0.00).

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

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.

Oxford Cannabinoid Technologies Holdings Days Inventory Historical Data

The historical data trend for Oxford Cannabinoid Technologies 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.

* Premium members only.

Oxford Cannabinoid Technologies Holdings Days Inventory Chart

Oxford Cannabinoid Technologies Holdings Annual Data

Trend

May18

May19

May20

May21

Apr23

Days Inventory

Oxford Cannabinoid Technologies Holdings Semi-Annual Data
	May19	Nov19	May20	Nov20	May21	Nov21	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Oxford Cannabinoid Technologies Holdings's Days Inventory

For the Biotechnology subindustry, Oxford Cannabinoid Technologies 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.

Oxford Cannabinoid Technologies Holdings's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Oxford Cannabinoid Technologies Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oxford Cannabinoid Technologies Holdings's Days Inventory falls into.

Oxford Cannabinoid Technologies Holdings Days Inventory Calculation

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

Oxford Cannabinoid Technologies Holdings's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2021 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	4.304	*	365
=	0					/	4.304	*	365
=	0.00

Oxford Cannabinoid Technologies Holdings's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.172	*	365 / 2
=	0					/	1.172	*	365 / 2
=	0.00

Oxford Cannabinoid Technologies Holdings (LSE:OCTP) 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.

Oxford Cannabinoid Technologies Holdings's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.172	/	0
	=

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.

Oxford Cannabinoid Technologies Holdings's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Oxford Cannabinoid Technologies Holdings Days Inventory Related Terms

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Oxford Cannabinoid Technologies Holdings (LSE:OCTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Oxford Cannabinoid Technologies Holdings PLC (LSE:OCTP) » Definitions » Days Inventory

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Traded in Other Exchanges

0CB:Germany

Address

267 Banbury Road, Prama House, Oxford, GBR, OX2 7HT

Website

https://www.oxcantech.com

Oxford Cannabinoid Technologies Holdings PLC is a pharmaceutical company engaged in cannabinoid drug development. The company uses a drug development that includes proprietary cannabinoid derivatives, natural phytocannabinoids (pCBs), and in-licensed compounds. Its primary market focus is the pain market, and OCT initially aims to develop a portfolio of four drug candidates for approval as licensed pain medicines.

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