The historical rank and industry rank for Applied Biosciences's Days Inventory or its related term are showing as below:
APPB's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 162.83 * Ranked among companies with meaningful Days Inventory only.
Applied Biosciences's Days Inventory
increased
from Dec. 2018 (14.69) to Dec. 2019 (182.50).
It might indicate that Applied Biosciences's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Applied Biosciences's Inventory Turnover for the
three
months ended in Dec. 2019 was 0.50.
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 Biosciences's Inventory-to-Revenue for the
three
months ended in Dec. 2019 was 0.61.
Applied Biosciences (OTCPK:APPB) 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 Biosciences's Inventory Turnover for the
three
months ended in Dec. 2019 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 Biosciences's Inventory to Revenue for the
three
months ended in Dec. 2019 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 Biosciences Days Inventory Related Terms
Applied Biosciences Days Inventory Historical Data
* Premium members only.
The historical data trend for Applied Biosciences'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.
APPB vs CNABQ, OWCP, CXUS: Days Inventory Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Applied Biosciences'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 Biosciences Days Inventory vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Applied Biosciences's Days Inventory distribution charts can be found below:
* The bar in red indicates where Applied Biosciences's Days Inventory falls into.
* 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 Biosciences (APPB) has a Days Inventory of 182.50 as of Dec. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Applied Biosciences and its competitors.
Is Applied Biosciences' Days Inventory too high?
Applied Biosciences' current Days Inventory is 182.50. The Drug Manufacturers industry median Days Inventory is 162.83. Applied Biosciences' value of 182.50 is 12.1% above this industry median. Overall, Applied Biosciences has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Applied Biosciences' Days Inventory compare to CNABQ and OWCP?
Applied Biosciences' Days Inventory of 182.50 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 162.83. Applied Biosciences' value of 182.50 is 12.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 162.83, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied Biosciences's current Days Inventory of 182.50 is 12.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Applied Biosciences and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 162.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Biosciences's current Days Inventory is 182.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Biosciences stock overvalued right now?
Applied Biosciences (APPB) has a current Days Inventory of 182.50. The current Days Inventory is 182.50 and 12.1% above the Drug Manufacturers industry median of 162.83. Applied Biosciences' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Applied Biosciences (APPB), the current Days Inventory is 182.50 as of Dec. 2019. 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.
Applied Biosciences Corp is a vertically integrated company focused on the development and commercialization of novel, science-driven, synthetic cannabinoid therapeutics / biopharmaceuticals that target the endocannabinoid system to treat a wide-range of diseases across multiple therapeutic areas. The company also deliver high-quality consumer and OTC THC-free CBD products that promote overall health and wellbeing as well as state-of-the-art testing and analytics capabilities to its customers.
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