Panacea Biotec (NSE:PANACEABIO) Days Inventory : 270.98 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Panacea Biotec Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Panacea Biotec's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,999 Mil. Panacea Biotec's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹673 Mil. Hence, Panacea Biotec's Days Inventory for the three months ended in Dec. 2023 was 270.98.

The historical rank and industry rank for Panacea Biotec's Days Inventory or its related term are showing as below:

NSE:PANACEABIO' s Days Inventory Range Over the Past 10 Years
Min: 235.34 Med: 359.71 Max: 664.12
Current: 274.98

During the past 13 years, Panacea Biotec's highest Days Inventory was 664.12. The lowest was 235.34. And the median was 359.71.

NSE:PANACEABIO's Days Inventory is ranked worse than
64% of 650 companies
in the Biotechnology industry
Industry Median: 191.14 vs NSE:PANACEABIO: 274.98

Panacea Biotec's Days Inventory declined from Dec. 2022 (371.51) to Dec. 2023 (270.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Panacea Biotec's Inventory Turnover for the three months ended in Dec. 2023 was 0.34.

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. Panacea Biotec's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.33.

Panacea Biotec Days Inventory Historical Data

The historical data trend for Panacea Biotec'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.

Panacea Biotec Days Inventory Chart

Panacea Biotec Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

374.20

239.52

257.00

235.34

271.58

Panacea Biotec Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															371.51	220.64	336.15	313.50	270.98

Competitive Comparison of Panacea Biotec's Days Inventory

For the Biotechnology subindustry, Panacea Biotec'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.

Panacea Biotec's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Panacea Biotec's Days Inventory distribution charts can be found below:

* The bar in red indicates where Panacea Biotec's Days Inventory falls into.

Panacea Biotec Days Inventory Calculation

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

Panacea Biotec's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (2127.23	+	2020.93)	/	2 )	/	2787.58	*	365
=	2074.08					/	2787.58	*	365
=	271.58

Panacea Biotec's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1999.2	+	0)	/	1 )	/	673.2	*	365 / 4
=	1999.2					/	673.2	*	365 / 4
=	270.98

Panacea Biotec (NSE:PANACEABIO) 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.

Panacea Biotec's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	673.2	/	1999.2
	=	0.34

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.

Panacea Biotec's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1999.2	/	1505
	=	1.33

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.

Panacea Biotec Days Inventory Related Terms

Thank you for viewing the detailed overview of Panacea Biotec's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Panacea Biotec (NSE:PANACEABIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Panacea Biotec Ltd (NSE:PANACEABIO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

531349:India

Address

Mathura Road, B-1 Extn./G-3, Mohan Co-operative Industrial Estate, New Delhi, IND, 110 044

Website

https://www.panaceabiotec.com

Panacea Biotec Ltd is a Biotechnology company. It is engaged in the business of research, development, manufacturing, and marketing of branded pharmaceutical formulations, vaccines, and biopharmaceuticals. The company's operating segments include Vaccines, and Formulations. It generates maximum revenue from the Vaccines segment. The company product portfolio includes prescription products in niche therapeutic areas such as diabetes and cardiovascular management, oncology, nephrology and transplant management, osteoporosis management, gastro-intestinal care, pain management products, and pediatric immunization. The group has a business presence in India and Outside India.

Panacea Biotec (NSE:PANACEABIO) Headlines

No Headlines