Days Inventory is also known as Days Sales of Inventory (DSI). BeiGene's Average Total Inventories for the
three
months ended in Dec. 2023 was $367 Mil. BeiGene's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $106 Mil.
Hence, BeiGene's Days Inventory for the
three
months ended in Dec. 2023 was 316.02.
The historical rank and industry rank for BeiGene's Days Inventory or its related term are showing as below:
BGNE'
s Days Inventory Range Over the Past 10 Years
Min: 114.83 Med: 334.44 Max: 802.06
Current: 313.91
During the past 11 years, BeiGene's highest Days Inventory was 802.06. The lowest was 114.83. And the median was 334.44.
BGNE's Days Inventory is ranked worse than 68.72% of 649
companies
in the Biotechnology industry
Industry Median: 191.36
vs BGNE: 313.91
BeiGene's Days Inventory
declined
from Dec. 2022 (355.74) to Dec. 2023 (316.02).
Inventory Turnover measures how fast the company turns over its inventory within a year.
BeiGene's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.29.
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.
BeiGene's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.58.
BeiGene Days Inventory Historical Data
The historical data trend for BeiGene'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 BeiGene's Days Inventory
For the Biotechnology subindustry, BeiGene'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.
BeiGene's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, BeiGene's Days Inventory distribution charts can be found below:
* The bar in red indicates where BeiGene's Days Inventory falls into.
BeiGene Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
BeiGene'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.
BeiGene (NAS:BGNE) 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.
BeiGene'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.
BeiGene'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.
BeiGene Days Inventory Related Terms
Thank you for viewing the detailed overview of BeiGene's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
BeiGene Ltd is a commercial-stage biotechnology company. It is engaged in the discovery and development of molecularly targeted and immuno-oncology drugs for the treatment of cancer. The company has developed a proprietary cancer biology platform that addresses the importance of tumor-immune system interactions and the value of primary biopsies in developing new models to support its drug discovery effort. It has developed clinical-stage drug candidates that inhibit the important oncology targets Bruton's tyrosine kinase, or BTK; RAF dimer protein complex and PARP family of proteins, and an immuno-oncology agent that inhibits the immune checkpoint protein receptor PD-1. Its geographical segments are China, the United States, and the Rest of the world.
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