The historical rank and industry rank for Applied DNA Sciences's Days Inventory or its related term are showing as below:
APDN'
s Days Inventory Range Over the Past 10 Years
Min: 21.71 Med: 79.22 Max: 141.23
Current: 51.25
During the past 13 years, Applied DNA Sciences's highest Days Inventory was 141.23. The lowest was 21.71. And the median was 79.22.
APDN's Days Inventory is ranked better than 61.62% of 185
companies
in the Medical Diagnostics & Research industry
Industry Median: 65.79
vs APDN: 51.25
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.
Applied DNA Sciences's Inventory Turnover for the
three
months ended in Jun. 2024 was 1.37.
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.
Applied DNA Sciences's Inventory-to-Revenue for the
three
months ended in Jun. 2024 was 0.51.
Applied DNA Sciences Days Inventory Historical Data
The historical data trend for Applied DNA Sciences'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.
Competitive Comparison of Applied DNA Sciences's Days Inventory
For the Diagnostics & Research subindustry, Applied DNA Sciences'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.
Applied DNA Sciences's Days Inventory Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Applied DNA Sciences's Days Inventory distribution charts can be found below:
* The bar in red indicates where Applied DNA Sciences's Days Inventory falls into.
Applied DNA Sciences Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Applied DNA Sciences's Days Inventory for the fiscal year that ended in Sep. 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.
Applied DNA Sciences (NAS:APDN) 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.
Applied DNA Sciences's Inventory Turnover for the
three
months ended in Jun. 2024 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.
Applied DNA Sciences's Inventory to Revenue for the
three
months ended in Jun. 2024 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.
Applied DNA Sciences Days Inventory Related Terms
Thank you for viewing the detailed overview of Applied DNA Sciences's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Applied DNA Sciences Inc is a biotechnology company developing and commercializing technologies to produce and detect deoxyribonucleic acid (DNA) nd ribonucleic acid (RNA). The company operates in three business segments- Therapeutic DNA Production Services, MDx Testing Services, and DNA Tagging and Security Products and Services. It generates majority of its revenue from the MDx Testing Services which is involved in performing and developing clinical molecular diagnostic and genetic tests and clinical laboratory testing services. The company provides its products and services under the brand of Applied DNA Sciences, SigNature molecular tags, SigNature T molecular tags, fiberTyping, SigNify and others.
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