Days Inventory is also known as Days Sales of Inventory (DSI). ADMA Biologics's Average Total Inventories for the
three
months ended in Dec. 2023 was $168.0 Mil. ADMA Biologics's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $42.8 Mil.
Hence, ADMA Biologics's Days Inventory for the
three
months ended in Dec. 2023 was 358.05.
The historical rank and industry rank for ADMA Biologics's Days Inventory or its related term are showing as below:
ADMA'
s Days Inventory Range Over the Past 10 Years
Min: 110.43 Med: 287.02 Max: 471.89
Current: 355.81
During the past 13 years, ADMA Biologics's highest Days Inventory was 471.89. The lowest was 110.43. And the median was 287.02.
ADMA's Days Inventory is ranked worse than 73.5% of 649
companies
in the Biotechnology industry
Industry Median: 191.36
vs ADMA: 355.81
ADMA Biologics's Days Inventory
declined
from Dec. 2022 (415.66) to Dec. 2023 (358.05).
Inventory Turnover measures how fast the company turns over its inventory within a year.
ADMA Biologics's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.25.
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.
ADMA Biologics's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 2.27.
ADMA Biologics Days Inventory Historical Data
The historical data trend for ADMA Biologics'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 ADMA Biologics's Days Inventory
For the Biotechnology subindustry, ADMA Biologics'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.
ADMA Biologics's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, ADMA Biologics's Days Inventory distribution charts can be found below:
* The bar in red indicates where ADMA Biologics's Days Inventory falls into.
ADMA Biologics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ADMA Biologics'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.
ADMA Biologics (NAS:ADMA) 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.
ADMA Biologics'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.
ADMA Biologics'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.
ADMA Biologics Days Inventory Related Terms
Thank you for viewing the detailed overview of ADMA Biologics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ADMA Biologics (ADMA Biologics) Business Description
ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. Its targeted patient populations include immune-compromised individuals who suffer from an underlying immune deficiency disorder or who may be immune-suppressed for medical reasons. The company sells plasma-derived intermediate fractions to certain customers, which are generated as part of its FDA-approved manufacturing process for IG and IVIG products. It also provides laboratory contracting services to certain customers and anticipates providing contract filling, labeling and packing services.
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