BIEI (Premier Biomedical) Days Inventory: 221.61 (As of Dec. 2019)

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What is Premier Biomedical Days Inventory?

Premier Biomedical BIEI Days Inventory is 221.61 as of Dec. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Premier Biomedical's Average Total Inventories for the three months ended in Dec. 2019 was $0.02 Mil. Premier Biomedical's Cost of Goods Sold for the three months ended in Dec. 2019 was $0.01 Mil. Hence, Premier Biomedical's Days Inventory for the three months ended in Dec. 2019 was 221.61.

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

BIEI's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 164.58
* Ranked among companies with meaningful Days Inventory only.

Premier Biomedical's Days Inventory increased from Dec. 2018 (71.14) to Dec. 2019 (221.61). It might indicate that Premier Biomedical's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Premier Biomedical's Inventory Turnover for the three months ended in Dec. 2019 was 0.41.

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. Premier Biomedical's Inventory-to-Revenue for the three months ended in Dec. 2019 was 17.00.


Premier Biomedical  (OTCPK:BIEI) 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.

Premier Biomedical'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.

Premier Biomedical'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.


Premier Biomedical Days Inventory Related Terms


Premier Biomedical Days Inventory Historical Data

* Premium members only.

The historical data trend for Premier Biomedical'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.

Premier Biomedical Days Inventory Chart

Premier Biomedical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 1,193.27 177.70 547.50

Premier Biomedical Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 Premium Member Only Premium Member Only 71.14 1,140.63 1,049.38 1,961.88 221.61

BIEI vs PTXTQ, STNN, SBFM: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Premier Biomedical'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.


Premier Biomedical Days Inventory vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Premier Biomedical's Days Inventory distribution charts can be found below:

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



Premier Biomedical Days Inventory Calculation

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

Premier Biomedical's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.026 + 0.013) / 2 ) / 0.013*365
=0.0195 / 0.013*365
=547.50

Premier Biomedical's Days Inventory for the quarter that ended in Dec. 2019 is calculated as:

Days Inventory (Q: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (0.021 + 0.013) / 2 ) / 0.007*365 / 4
=0.017 / 0.007*365 / 4
=221.61

* 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 Days Inventory →
What does a Days Inventory of 221.61 mean?
Premier Biomedical (BIEI) has a Days Inventory of 221.61 as of Dec. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Premier Biomedical and its competitors.
Is Premier Biomedical's Days Inventory too high?
Premier Biomedical's current Days Inventory is 221.61. The Drug Manufacturers industry median Days Inventory is 164.58. Premier Biomedical's value of 221.61 is 34.7% above this industry median.
How does Premier Biomedical's Days Inventory compare to PTXTQ and STNN?
Premier Biomedical's Days Inventory of 221.61 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.58. Premier Biomedical's value of 221.61 is 34.7% 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 164.58, based on 922 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. Premier Biomedical's current Days Inventory of 221.61 is 34.7% 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 Premier Biomedical and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 164.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Biomedical's current Days Inventory is 221.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Biomedical stock overvalued right now?
Premier Biomedical (BIEI) has a current Days Inventory of 221.61. The current Days Inventory is 221.61 and 34.7% above the Drug Manufacturers industry median of 164.58. 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 Premier Biomedical (BIEI), the current Days Inventory is 221.61 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.

Premier Biomedical Business Description

Address 1150 S. 8th Street, El Centro, CA, USA, 92243
Premier Biomedical Inc is engaged in a hemp based initiative, developing graphene enhanced formulations for a myriad of commercial and military applications and complementing new EV battery technology.