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Aequus Pharmaceuticals (Aequus Pharmaceuticals) Days Inventory : 945.68 (As of Dec. 2023)


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What is Aequus Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aequus Pharmaceuticals's Average Total Inventories for the three months ended in Dec. 2023 was $0.11 Mil. Aequus Pharmaceuticals's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Hence, Aequus Pharmaceuticals's Days Inventory for the three months ended in Dec. 2023 was 945.68.

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

AQSZF' s Days Inventory Range Over the Past 10 Years
Min: 358.42   Med: 410.63   Max: 1956.4
Current: 1956.4

During the past 11 years, Aequus Pharmaceuticals's highest Days Inventory was 1956.40. The lowest was 358.42. And the median was 410.63.

AQSZF's Days Inventory is ranked worse than
97.02% of 972 companies
in the Drug Manufacturers industry
Industry Median: 158.44 vs AQSZF: 1956.40

Aequus Pharmaceuticals's Days Inventory declined from Jun. 2022 (1,140.63) to Dec. 2023 (945.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aequus Pharmaceuticals'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. Aequus Pharmaceuticals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.00.


Aequus Pharmaceuticals Days Inventory Historical Data

The historical data trend for Aequus 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.

Aequus Pharmaceuticals Days Inventory Chart

Aequus 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 - - 1,133.71 421.88 354.01

Aequus Pharmaceuticals Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 1,140.63 525.89 184.73 1,169.14 945.68

Competitive Comparison of Aequus Pharmaceuticals's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Aequus 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.


Aequus Pharmaceuticals's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aequus Pharmaceuticals's Days Inventory distribution charts can be found below:

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



Aequus Pharmaceuticals Days Inventory Calculation

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

Aequus 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
=( (0.069 + 0.092) / 2 ) / 0.083*365
=0.0805 / 0.083*365
=354.01

Aequus Pharmaceuticals'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
=( (0.136 + 0.092) / 2 ) / 0.011*365 / 4
=0.114 / 0.011*365 / 4
=945.68

* 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.


Aequus Pharmaceuticals  (OTCPK:AQSZF) 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.

Aequus Pharmaceuticals'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.

Aequus Pharmaceuticals'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.


Aequus Pharmaceuticals Days Inventory Related Terms

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


Aequus Pharmaceuticals (Aequus Pharmaceuticals) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2820, Vancouver, BC, CAN, V6C 1S4
Aequus Pharmaceuticals Inc is a Canada-based specialty pharmaceutical company. The firm's operating segments are the Commercial platform and Development pipeline. It generates a majority of its revenue from the Commercial platform segment. The Company earns revenues from the sale of dry eye products and by providing promotional services to sell third-party-owned products, namely Tacrolimus IR and Vistitan.

Aequus Pharmaceuticals (Aequus Pharmaceuticals) Headlines