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BioGaia AB (BioGaia AB) Days Inventory : 228.42 (As of Dec. 2023)


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What is BioGaia AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BioGaia AB's Average Total Inventories for the three months ended in Dec. 2023 was $17.7 Mil. BioGaia AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $7.1 Mil. Hence, BioGaia AB's Days Inventory for the three months ended in Dec. 2023 was 228.42.

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

BIOGY' s Days Inventory Range Over the Past 10 Years
Min: 49.65   Med: 102.51   Max: 170.76
Current: 170.76

During the past 13 years, BioGaia AB's highest Days Inventory was 170.76. The lowest was 49.65. And the median was 102.51.

BIOGY's Days Inventory is ranked worse than
55.6% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs BIOGY: 170.76

BioGaia AB's Days Inventory increased from Dec. 2022 (196.64) to Dec. 2023 (228.42). It might indicate that BioGaia AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BioGaia AB's Inventory Turnover for the three months ended in Dec. 2023 was 0.40.

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. BioGaia AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


BioGaia AB Days Inventory Historical Data

The historical data trend for BioGaia AB'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.

BioGaia AB Days Inventory Chart

BioGaia AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.37 121.23 163.66 157.19 169.89

BioGaia AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 196.64 127.37 - - 228.42

Competitive Comparison of BioGaia AB's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, BioGaia AB'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.


BioGaia AB's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



BioGaia AB Days Inventory Calculation

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

BioGaia AB's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (13.764 + 17.665) / 2 ) / 33.762*365
=15.7145 / 33.762*365
=169.89

BioGaia AB's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 17.665) / 1 ) / 7.057*365 / 4
=17.665 / 7.057*365 / 4
=228.42

* 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.


BioGaia AB  (OTCPK:BIOGY) 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.

BioGaia AB's Inventory Turnover for the three months ended in Dec. 2023 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.

BioGaia AB's Inventory to Revenue for the three months ended in Dec. 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.


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.


BioGaia AB Days Inventory Related Terms

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


BioGaia AB (BioGaia AB) Business Description

Traded in Other Exchanges
Address
Kungsbroplan 3A, Stockholm, SWE, SE-112 27
BioGaia AB is a healthcare company engaged in developing, marketing, and selling probiotic products. The company has three operating segments; Paediatrics segment includes drops, gut health tablets, oral rehydration solution (ORS) and cultures to be used as ingredients in licensee products such as infant formula, as well as royalty revenue for pediatric products, Adult Health segment includes gut health tablets, oral health lozenges and cultures as an ingredient in a licensee's dairy products, and Other segment include royalties in respect of development projects, revenue from packaging solutions in the subsidiary CapAble, etc. Geographically, it operates in three regions; Asia Pacific, Europe, the Middle East, Africa, and the Americas.