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Immuron (ASX:IMC) Days Inventory : 369.73 (As of Jun. 2024)


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What is Immuron Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Immuron's Average Total Inventories for the six months ended in Jun. 2024 was A$1.60 Mil. Immuron's Cost of Goods Sold for the six months ended in Jun. 2024 was A$0.79 Mil. Hence, Immuron's Days Inventory for the six months ended in Jun. 2024 was 369.73.

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

ASX:IMC' s Days Inventory Range Over the Past 10 Years
Min: 282.61   Med: 469.5   Max: 3904.07
Current: 314.07

During the past 10 years, Immuron's highest Days Inventory was 3904.07. The lowest was 282.61. And the median was 469.50.

ASX:IMC's Days Inventory is ranked worse than
69.98% of 643 companies
in the Biotechnology industry
Industry Median: 184.2 vs ASX:IMC: 314.07

Immuron's Days Inventory increased from Jun. 2023 (358.56) to Jun. 2024 (369.73). It might indicate that Immuron's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Immuron's Inventory Turnover for the six months ended in Jun. 2024 was 0.49.

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. Immuron's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.63.


Immuron Days Inventory Historical Data

The historical data trend for Immuron'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.

Immuron Days Inventory Chart

Immuron Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 355.46 3,904.07 469.50 429.39 282.61

Immuron Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 238.20 481.40 358.56 289.27 369.73

Competitive Comparison of Immuron's Days Inventory

For the Biotechnology subindustry, Immuron'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.


Immuron's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Immuron's Days Inventory distribution charts can be found below:

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



Immuron Days Inventory Calculation

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

Immuron's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.84 + 1.585) / 2 ) / 1.566*365
=1.2125 / 1.566*365
=282.61

Immuron's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1.62 + 1.585) / 2 ) / 0.791*365 / 2
=1.6025 / 0.791*365 / 2
=369.73

* 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.


Immuron  (ASX:IMC) 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.

Immuron's Inventory Turnover for the six 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.

Immuron's Inventory to Revenue for the six 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.


Immuron Days Inventory Related Terms

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


Immuron Business Description

Traded in Other Exchanges
Address
Chapman Street, Unit 10, 25-37, Blackburn North, Melbourne, VIC, AUS, 3130
Immuron Ltd is a commercial and clinical-stage biopharmaceutical company focused on the development and commercialization of a novel class of immunomodulator polyclonal antibodies to treat liver diseases, infectious diseases and other immune-mediated diseases, such as colitis. The company's product, IMM-124E, is a proprietary immunomodulatory agent targeted at GI immune-mediated diseases including fatty liver diseases. The company functions in two segments namely, Research and Development and Hyperimmune products.

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