Switch to:

Horizon Therapeutics Days Inventory

: 50.41 (As of Jun. 2020)
View and export this data going back to 2011. Start your Free Trial

Horizon Therapeutics's Total Inventories for the three months ended in Jun. 2020 was $67 Mil. Horizon Therapeutics's Cost of Goods Sold for the three months ended in Jun. 2020 was $122 Mil. Hence, Horizon Therapeutics's Days Inventory for the three months ended in Jun. 2020 was 50.41.

NAS:HZNP' s Days Inventory Range Over the Past 10 Years
Min: 26.2   Med: 64.68   Max: 201.46
Current: 54.85

26.2
201.46

During the past 12 years, Horizon Therapeutics's highest Days Inventory was 201.46. The lowest was 26.20. And the median was 64.68.

NAS:HZNP's Days Inventory is ranked higher than
91% of the 928 Companies
in the Drug Manufacturers industry.

( Industry Median: 148.48 vs. NAS:HZNP: 54.85 )

Horizon Therapeutics's Days Inventory declined from Jun. 2019 (55.39) to Jun. 2020 (50.41).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Horizon Therapeutics's Inventory Turnover for the three months ended in Jun. 2020 was 1.81.

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. Horizon Therapeutics's Inventory-to-Revenue for the three months ended in Jun. 2020 was 0.15.


Horizon Therapeutics Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Horizon Therapeutics Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.54 96.86 95.45 57.75 52.68

Horizon Therapeutics Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 55.39 58.51 55.28 57.13 50.41

Competitive Comparison
* 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.


Horizon Therapeutics Days Inventory Distribution

* The bar in red indicates where Horizon Therapeutics's Days Inventory falls into.



Horizon Therapeutics Days Inventory Calculation

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

Horizon Therapeutics's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (50.751 + 53.802) / 2 ) / 362.175*365
=52.2765 / 362.175*365
=52.68

Horizon Therapeutics's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (68.17 + 66.099) / 2 ) / 121.515*365 / 4
=67.1345 / 121.515*365 / 4
=50.41

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Horizon Therapeutics  (NAS:HZNP) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Horizon Therapeutics's Days Sales of Inventory for the three months ended in Jun. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=67.1345/462.779*365 / 4
=13.24

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Horizon Therapeutics's Inventory Turnover for the three months ended in Jun. 2020 is calculated as

3. 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.

Horizon Therapeutics's Inventory to Revenue for the three months ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=67.1345 / 462.779
=0.15

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Horizon Therapeutics Days Inventory Related Terms


Horizon Therapeutics Days Inventory Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)