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Crescita Therapeutics (TSX:CTX) Days Inventory : 329.21 (As of Dec. 2023)


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What is Crescita Therapeutics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crescita Therapeutics's Average Total Inventories for the three months ended in Dec. 2023 was C$6.01 Mil. Crescita Therapeutics's Cost of Goods Sold for the three months ended in Dec. 2023 was C$1.67 Mil. Hence, Crescita Therapeutics's Days Inventory for the three months ended in Dec. 2023 was 329.21.

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

TSX:CTX' s Days Inventory Range Over the Past 10 Years
Min: 177.12   Med: 227.09   Max: 546.85
Current: 290.04

During the past 10 years, Crescita Therapeutics's highest Days Inventory was 546.85. The lowest was 177.12. And the median was 227.09.

TSX:CTX's Days Inventory is ranked worse than
83.68% of 974 companies
in the Drug Manufacturers industry
Industry Median: 158.355 vs TSX:CTX: 290.04

Crescita Therapeutics's Days Inventory increased from Dec. 2022 (226.25) to Dec. 2023 (329.21). It might indicate that Crescita Therapeutics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crescita Therapeutics's Inventory Turnover for the three months ended in Dec. 2023 was 0.28.

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. Crescita Therapeutics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.27.


Crescita Therapeutics Days Inventory Historical Data

The historical data trend for Crescita Therapeutics'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.

Crescita Therapeutics Days Inventory Chart

Crescita Therapeutics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.92 302.61 212.06 177.12 300.11

Crescita Therapeutics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 226.25 271.40 234.99 333.56 329.21

Competitive Comparison of Crescita Therapeutics's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Crescita Therapeutics'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.


Crescita Therapeutics's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Crescita Therapeutics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Crescita Therapeutics's Days Inventory falls into.



Crescita Therapeutics Days Inventory Calculation

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

Crescita Therapeutics's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (5.646 + 6.125) / 2 ) / 7.158*365
=5.8855 / 7.158*365
=300.11

Crescita Therapeutics'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
=( (5.889 + 6.125) / 2 ) / 1.665*365 / 4
=6.007 / 1.665*365 / 4
=329.21

* 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.


Crescita Therapeutics  (TSX:CTX) 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.

Crescita Therapeutics'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.

Crescita Therapeutics'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.


Crescita Therapeutics Days Inventory Related Terms

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


Crescita Therapeutics (TSX:CTX) Business Description

Traded in Other Exchanges
Address
2805, Place Louis-R-Renaud, Laval, QC, CAN, H7V 0A3
Crescita Therapeutics Inc is a Canadian commercial dermatology company with in-house research & development and manufacturing capabilities. The company offers a portfolio of non-prescription skincare products and early to commercial-stage prescription drug products and owns multiple proprietary drug delivery platforms that support the development of patented formulations that can facilitate the delivery of active ingredients into or through the skin. The company has three reportable segments: Commercial Skincare, Licensing and Royalties, and Manufacturing and Services. The firm generates its revenue in the form of product sales and out-licensing revenue.

Crescita Therapeutics (TSX:CTX) Headlines

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