IVBXF (Innovent Biologics) Change In Inventory: $-63 Mil (TTM As of Dec. 2025)

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IVBXF Innovent Biologics Inc IVBXF
77 GF Score
Price $10.68
GF Value $12.63
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Innovent Biologics Change In Inventory?

Innovent Biologics IVBXF 77 Change In Inventory is $-63 Mil as of Dec. 2025. GuruFocus rates IVBXF with a GF Score™ of 77/100 and a GF Value™ of $12.63 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Innovent Biologics's change in inventory for the quarter that ended in Dec. 2025 was $-24 Mil. It means Innovent Biologics's inventory increased by $24 Mil from Jun. 2025 to Dec. 2025 .

Innovent Biologics's change in inventory for the fiscal year that ended in Dec. 2025 was $-64 Mil. It means Innovent Biologics's inventory increased by $64 Mil from Dec. 2024 to Dec. 2025 .

Innovent Biologics's Total Inventories for the quarter that ended in Dec. 2025 was $185 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innovent Biologics's Days Inventory for the quarter that ended in Dec. 2025 was 238.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innovent Biologics's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.77.

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. Innovent Biologics's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.17.


Innovent Biologics  (OTCPK:IVBXF) Change In Inventory Explanation

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

Innovent Biologics's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=170.9665/130.987*365 / 2
=238.20

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

Innovent Biologics's Inventory Turnover for the quarter that ended in Dec. 2025 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.

Innovent Biologics's Inventory to Revenue for the quarter that ended in Dec. 2025 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.


Innovent Biologics Change In Inventory Related Terms


Innovent Biologics Change In Inventory Historical Data

* Premium members only.

The historical data trend for Innovent Biologics's Change In 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.

Innovent Biologics Change In Inventory Chart

Innovent Biologics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -101.00 -15.12 50.27 24.81 -64.10

Innovent Biologics Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Change In 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 33.98 37.10 -12.16 -39.45 -23.88
IVBXF
77GF Score
Innovent Biologics Inc IVBXF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovent Biologics Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-63 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-63 Mil mean?
Innovent Biologics (IVBXF) has a Change In Inventory of $-63 Mil as of Dec. 2025. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Innovent Biologics and its competitors.
Is Innovent Biologics' Change In Inventory too high?
Innovent Biologics' current Change In Inventory is $-63 Mil. Overall, Innovent Biologics has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovent Biologics' Change In Inventory compare to VRTX and REGN?
Innovent Biologics' Change In Inventory of $-63 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Biotechnology company?
A good Change In Inventory depends on the Biotechnology industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Innovent Biologics and its competitors. Innovent Biologics's current Change In Inventory is $-63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovent Biologics stock overvalued right now?
Based on GuruFocus' analysis, Innovent Biologics (IVBXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.63, compared to a current price of $10.68 — trading 15.4% below its estimated fair value. The current Change In Inventory is $-63 Mil. Innovent Biologics' overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Innovent Biologics (IVBXF), the current Change In Inventory is $-63 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Innovent Biologics (IVBXF) Overvalued in 2026?

Based on GuruFocus' analysis, Innovent Biologics stock appears to be undervalued. The current stock price of $10.68 is trading 15.4% below its estimated GF Value™ of $12.63. GuruFocus considers Innovent Biologics to be Modestly Undervalued.

Key valuation signals for IVBXF:

  • Change In Inventory: $-63 Mil
  • GF Value™: $12.63 vs. price of $10.68 (15.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the IVBXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovent Biologics Business Description

Address 168 Dongping Street, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Innovent Biologics is one of the leading biotechnology companies in China. Listed on the Hong Kong stock exchange in 2018, Innovent has 12 commercialized oncology products and four commercialized nononcology products as of January 2026, and 34 drugs in its research and development pipeline. Its core assets are Tyvyt, a PD-1 inhibitor included in the National Reimbursement Drug Lists (NRDL) for the first-line treatment of five major cancers, and mazdutide, a GLP-1/glucagon dual agonist drug for weight loss, fat breakdown, and Type 2 diabetes. Mazdutide is the first domestic GLP-1 drug produced and competes with Eli Lilly and Novo Nordisk in China. Tyvyt's main competition includes drugs from Junshi, Jiangsu Hengrui, BeOne, Merck, and Bristol Myers.
77GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.68
Price
$12.63
GF Value