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Ascendis Pharma A/S (Ascendis Pharma A/S) Days Inventory : 923.96 (As of Dec. 2023)


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What is Ascendis Pharma A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ascendis Pharma A/S's Average Total Inventories for the three months ended in Dec. 2023 was $214.8 Mil. Ascendis Pharma A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was $21.2 Mil. Hence, Ascendis Pharma A/S's Days Inventory for the three months ended in Dec. 2023 was 923.96.

The historical rank and industry rank for Ascendis Pharma A/S's Days Inventory or its related term are showing as below:

ASND' s Days Inventory Range Over the Past 10 Years
Min: 1380.7   Med: 3174.31   Max: 7811.88
Current: 1384.62

During the past 13 years, Ascendis Pharma A/S's highest Days Inventory was 7811.88. The lowest was 1380.70. And the median was 3174.31.

ASND's Days Inventory is ranked worse than
92.6% of 649 companies
in the Biotechnology industry
Industry Median: 191.36 vs ASND: 1384.62

Ascendis Pharma A/S's Days Inventory declined from Dec. 2022 (2,033.71) to Dec. 2023 (923.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ascendis Pharma A/S's Inventory Turnover for the three months ended in Dec. 2023 was 0.10.

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. Ascendis Pharma A/S's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.43.


Ascendis Pharma A/S Days Inventory Historical Data

The historical data trend for Ascendis Pharma A/S'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.

Ascendis Pharma A/S Days Inventory Chart

Ascendis Pharma A/S 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 - - 7,811.88 3,174.31 1,380.70

Ascendis Pharma A/S 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 2,033.71 2,765.67 1,118.60 2,220.64 923.96

Competitive Comparison of Ascendis Pharma A/S's Days Inventory

For the Biotechnology subindustry, Ascendis Pharma A/S'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.


Ascendis Pharma A/S's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ascendis Pharma A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ascendis Pharma A/S's Days Inventory falls into.



Ascendis Pharma A/S Days Inventory Calculation

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

Ascendis Pharma A/S'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
=( (138.425 + 227.842) / 2 ) / 48.413*365
=183.1335 / 48.413*365
=1,380.70

Ascendis Pharma A/S'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
=( (201.848 + 227.842) / 2 ) / 21.218*365 / 4
=214.845 / 21.218*365 / 4
=923.96

* 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.


Ascendis Pharma A/S  (NAS:ASND) 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.

Ascendis Pharma A/S'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.

Ascendis Pharma A/S'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.


Ascendis Pharma A/S Days Inventory Related Terms

Thank you for viewing the detailed overview of Ascendis Pharma A/S's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ascendis Pharma A/S (Ascendis Pharma A/S) Business Description

Traded in Other Exchanges
Address
Tuborg Boulevard 12, Hellerup, DNK, DK-2900
Ascendis Pharma A/S is a biopharmaceutical company. It develops prodrug therapies with profiles to address large markets with unmet medical needs with its Transcon technology. The firm's product pipeline includes Transcon growth hormone, Transconpeptides, Transcon PTH, Transcon CNP, and others. It operates in North America, China, and Europe and derives the majority of its revenue from North America.