Days Inventory is also known as Days Sales of Inventory (DSI). Telesis Bio's Average Total Inventories for the
three
months ended in Dec. 2023 was $4.15 Mil. Telesis Bio's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2.23 Mil.
Hence, Telesis Bio's Days Inventory for the
three
months ended in Dec. 2023 was 169.87.
The historical rank and industry rank for Telesis Bio's Days Inventory or its related term are showing as below:
TBIO'
s Days Inventory Range Over the Past 10 Years
Min: 70.41 Med: 80.77 Max: 115.11
Current: 115.11
During the past 5 years, Telesis Bio's highest Days Inventory was 115.11. The lowest was 70.41. And the median was 80.77.
TBIO's Days Inventory is ranked better than 77.84% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 187.28
vs TBIO: 115.11
Telesis Bio's Days Inventory
increased
from Dec. 2022 (66.33) to Dec. 2023 (169.87).
It might indicate that Telesis Bio's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Telesis Bio's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.54.
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.
Telesis Bio's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.59.
Telesis Bio Days Inventory Historical Data
The historical data trend for Telesis Bio'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 Telesis Bio's Days Inventory
For the Medical Devices subindustry, Telesis Bio'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.
Telesis Bio's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Telesis Bio's Days Inventory distribution charts can be found below:
* The bar in red indicates where Telesis Bio's Days Inventory falls into.
Telesis Bio Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Telesis Bio'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.
Telesis Bio (NAS:TBIO) 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.
Telesis Bio's Inventory Turnover for the
three
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.
Telesis Bio's Inventory to Revenue for the
three
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.
Telesis Bio Days Inventory Related Terms
Thank you for viewing the detailed overview of Telesis Bio's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Telesis Bio Inc is a synthetic biology company focused on enabling researchers to rapidly, accurately, and reproducibly build or write high-quality synthetic DNA and mRNA that is ready to use in many downstream synthetic biology-enabled markets. It manufactures and sells laboratory equipment, specifically synthetic biology instruments, reagents, and associated products and related services. Its products comprise of BioXp system, BioXp kits, Benchtop reagents, Coronavirus tools, and BioXp biofoundry services.
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