Days Inventory is also known as Days Sales of Inventory (DSI). ImmuCell's Average Total Inventories for the
three
months ended in Dec. 2023 was $7.60 Mil. ImmuCell's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3.84 Mil.
Hence, ImmuCell's Days Inventory for the
three
months ended in Dec. 2023 was 180.67.
The historical rank and industry rank for ImmuCell's Days Inventory or its related term are showing as below:
ICCC'
s Days Inventory Range Over the Past 10 Years
Min: 83.31 Med: 129.71 Max: 188.37
Current: 188.37
During the past 13 years, ImmuCell's highest Days Inventory was 188.37. The lowest was 83.31. And the median was 129.71.
ICCC's Days Inventory is ranked better than 50.39% of 649
companies
in the Biotechnology industry
Industry Median: 192.13
vs ICCC: 188.37
ImmuCell's Days Inventory
increased
from Dec. 2022 (177.51) to Dec. 2023 (180.67).
It might indicate that ImmuCell's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ImmuCell's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.51.
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.
ImmuCell's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.49.
ImmuCell Days Inventory Historical Data
The historical data trend for ImmuCell'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.
For the Biotechnology subindustry, ImmuCell'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.
ImmuCell Days Inventory Distribution
For the Biotechnology industry and Healthcare sector, ImmuCell's Days Inventory distribution charts can be found below:
* The bar in red indicates where ImmuCell's Days Inventory falls into.
ImmuCell Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ImmuCell'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.
ImmuCell (NAS:ICCC) 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.
ImmuCell'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.
ImmuCell'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.
ImmuCell Days Inventory Related Terms
Thank you for viewing the detailed overview of ImmuCell's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ImmuCell Corp is engaged in the healthcare sector. The company operates in the development, acquisition, manufacture, and sale of products that improve the health and productivity of cows for the dairy and beef industries. The firm has developed products that provide immediate immunity to newborn dairy and beef cattle and is developing product line extensions of its existing products that address mastitis. Its lead product, First Defense, is manufactured to prevent scours in newborn calves. It has two segments Scours and Mastitis. The company generates the majority of its revenue from the United States.
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