VRAX (Virax Biolabs Group) Inventory Turnover : 0.44 (As of Mar. 2025)

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What is Virax Biolabs Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Virax Biolabs Group's Cost of Goods Sold for the six months ended in Mar. 2025 was $0.05 Mil. Virax Biolabs Group's Average Total Inventories for the quarter that ended in Mar. 2025 was $0.11 Mil. Virax Biolabs Group's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Virax Biolabs Group's Days Inventory for the six months ended in Mar. 2025 was 418.23.

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. Virax Biolabs Group's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 110.00.

Virax Biolabs Group Inventory Turnover Historical Data

The historical data trend for Virax Biolabs Group's Inventory Turnover 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.

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Virax Biolabs Group Inventory Turnover Chart

Virax Biolabs Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

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6.33

0.48

1.75

0.76

Virax Biolabs Group Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25
Inventory Turnover	Get a 7-Day Free Trial						-	2.64	0.94	0.12	0.44

Virax Biolabs Group Inventory Turnover Calculation

Virax Biolabs Group's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Inventory Turnover (A: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2025 )	/ (	(Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )
=	0.059	/ (	(0.06	+	0.095)	/	2 )
=	0.059	/	0.0775
=	0.76

Virax Biolabs Group's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	0.048	/ (	(0.125	+	0.095)	/	2 )
=	0.048	/	0.11
=	0.44

Virax Biolabs Group (NAS:VRAX) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Virax Biolabs Group's Days Inventory for the six months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	0.11	/	0.048	*	365 / 2
	=	418.23

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.

Virax Biolabs Group's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	0.11	/	0.001
	=	110.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Virax Biolabs Group Inventory Turnover Related Terms

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Virax Biolabs Group Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Virax Biolabs Group Ltd (NAS:VRAX) » Definitions » Inventory Turnover

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Address

Bo’Ness Road Newhouse, BioCity Glasgow, London, GBR, ML1 5UH

Website

https://www.viraxbiolabs.com

Virax Biolabs Group Ltd is a biotechnology company focused on the prevention, detection, diagnosis and risk management of viral diseases that also engages in distribution of diagnostics test kits of various viral threats. It is developing a proprietary T-Cell Test technology with the intention of providing an immunology profiling platform that assesses each individual's immune risk profile against world-wide viral threats. T-Cell testing is particularly effective in the diagnosis and therapeutics of COVID-19 as well as other threats including Hepatitis B, Malaria, Herpes and Human Papillomavirus.