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Medexus Pharmaceuticals (TSX:MDP) Days Inventory : 191.44 (As of Dec. 2023)


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What is Medexus Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medexus Pharmaceuticals's Average Total Inventories for the three months ended in Dec. 2023 was C$35.2 Mil. Medexus Pharmaceuticals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$16.8 Mil. Hence, Medexus Pharmaceuticals's Days Inventory for the three months ended in Dec. 2023 was 191.44.

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

TSX:MDP' s Days Inventory Range Over the Past 10 Years
Min: 104.8   Med: 146.9   Max: 169.03
Current: 164.36

During the past 12 years, Medexus Pharmaceuticals's highest Days Inventory was 169.03. The lowest was 104.80. And the median was 146.90.

TSX:MDP's Days Inventory is ranked worse than
51.95% of 974 companies
in the Drug Manufacturers industry
Industry Median: 158.355 vs TSX:MDP: 164.36

Medexus Pharmaceuticals's Days Inventory increased from Dec. 2022 (163.04) to Dec. 2023 (191.44). It might indicate that Medexus Pharmaceuticals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Medexus Pharmaceuticals's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Medexus Pharmaceuticals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.04.


Medexus Pharmaceuticals Days Inventory Historical Data

The historical data trend for Medexus Pharmaceuticals'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.

Medexus Pharmaceuticals Days Inventory Chart

Medexus Pharmaceuticals Annual Data
Trend Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.80 135.87 146.90 169.03 161.78

Medexus Pharmaceuticals 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 163.04 151.09 154.66 160.45 191.44

Competitive Comparison of Medexus Pharmaceuticals's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Medexus Pharmaceuticals'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.


Medexus Pharmaceuticals's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Medexus Pharmaceuticals's Days Inventory falls into.



Medexus Pharmaceuticals Days Inventory Calculation

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

Medexus Pharmaceuticals'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
=( (27.03 + 31.263) / 2 ) / 65.758*365
=29.1465 / 65.758*365
=161.78

Medexus Pharmaceuticals'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
=( (33.626 + 36.842) / 2 ) / 16.794*365 / 4
=35.234 / 16.794*365 / 4
=191.44

* 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.


Medexus Pharmaceuticals  (TSX:MDP) 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.

Medexus Pharmaceuticals'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.

Medexus Pharmaceuticals'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.


Medexus Pharmaceuticals Days Inventory Related Terms

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


Medexus Pharmaceuticals (TSX:MDP) Business Description

Traded in Other Exchanges
Address
35 Nixon Road, Suite 1, Bolton, ON, CAN, L7E 1K1
Medexus Pharmaceuticals Inc is an innovative and rare disease pharmaceutical company with a strong North American commercial platform and a portfolio of proven best-in-class products. The company's focus is on the therapeutic areas of hematology, auto-immune diseases, and allergy.
Executives
Benoit Gravel Director