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Vanda Pharmaceuticals (FRA:VM4) Days Inventory : 37.90 (As of Mar. 2024)


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What is Vanda Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vanda Pharmaceuticals's Average Total Inventories for the three months ended in Mar. 2024 was €1.3 Mil. Vanda Pharmaceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was €3.2 Mil. Hence, Vanda Pharmaceuticals's Days Inventory for the three months ended in Mar. 2024 was 37.90.

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

FRA:VM4' s Days Inventory Range Over the Past 10 Years
Min: 15.31   Med: 16.62   Max: 1133.97
Current: 28.33

During the past 13 years, Vanda Pharmaceuticals's highest Days Inventory was 1133.97. The lowest was 15.31. And the median was 16.62.

FRA:VM4's Days Inventory is ranked better than
92.15% of 650 companies
in the Biotechnology industry
Industry Median: 190.305 vs FRA:VM4: 28.33

Vanda Pharmaceuticals's Days Inventory increased from Mar. 2023 (22.09) to Mar. 2024 (37.90). It might indicate that Vanda Pharmaceuticals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vanda Pharmaceuticals's Inventory Turnover for the three months ended in Mar. 2024 was 2.41.

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. Vanda Pharmaceuticals's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.


Vanda Pharmaceuticals Days Inventory Historical Data

The historical data trend for Vanda 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.

Vanda Pharmaceuticals Days Inventory Chart

Vanda Pharmaceuticals 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 15.73 19.75 15.76 16.19 31.89

Vanda Pharmaceuticals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.09 28.66 30.84 31.45 37.90

Competitive Comparison of Vanda Pharmaceuticals's Days Inventory

For the Biotechnology subindustry, Vanda 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.


Vanda Pharmaceuticals's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vanda Pharmaceuticals's Days Inventory distribution charts can be found below:

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



Vanda Pharmaceuticals Days Inventory Calculation

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

Vanda Pharmaceuticals'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
=( (1.127 + 1.244) / 2 ) / 13.568*365
=1.1855 / 13.568*365
=31.89

Vanda Pharmaceuticals's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.244 + 1.385) / 2 ) / 3.165*365 / 4
=1.3145 / 3.165*365 / 4
=37.90

* 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.


Vanda Pharmaceuticals  (FRA:VM4) 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.

Vanda Pharmaceuticals's Inventory Turnover for the three months ended in Mar. 2024 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.

Vanda Pharmaceuticals's Inventory to Revenue for the three months ended in Mar. 2024 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.


Vanda Pharmaceuticals Days Inventory Related Terms

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


Vanda Pharmaceuticals (FRA:VM4) Business Description

Traded in Other Exchanges
Address
2200 Pennsylvania Avenue NW, Suite 300 E, Washington, DC, USA, 20037
Vanda Pharmaceuticals Inc is a biopharmaceutical company engaged in the development and commercialization of therapies to address high unmet medical needs and improve the lives of patients. Its commercial portfolio comprises two products, HETLIOZ for the treatment of Non-24-Hour Sleep-Wake Disorder (Non-24) & nighttime sleep disturbances in Smith-Magenis Syndrome (SMS) and Fanapt for the treatment of schizophrenia. Its other products include VHX-896 and ASO Molecules. The majority of revenue is derived from HETLIOZ product sales.

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