EVLO (Evelo Biosciences) Days Inventory: 0.00 (As of Sep. 2023)

What is Evelo Biosciences Days Inventory?

Evelo Biosciences EVLO -99.00% Days Inventory is 0.00 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Evelo Biosciences's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. Evelo Biosciences's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

EVLO's Days Inventory is not ranked ^*
in the Biotechnology industry.
Industry Median: 183.97
* Ranked among companies with meaningful Days Inventory only.

Evelo Biosciences's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

Evelo Biosciences (OTCPK:EVLO) 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.

Evelo Biosciences's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Evelo Biosciences's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

* 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.

Evelo Biosciences Days Inventory Related Terms

Evelo Biosciences Days Inventory Historical Data

* Premium members only.

The historical data trend for Evelo Biosciences's Days Inventory can be seen below:

Evelo Biosciences Days Inventory Chart

Evelo Biosciences Annual Data

Trend

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Days Inventory

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Evelo Biosciences Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

EVLO vs IMNN, EDSA, TMBR: Days Inventory Comparison

For the Biotechnology subindustry, Evelo 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.

Evelo Biosciences Days Inventory vs Biotechnology Industry

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

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

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Evelo Biosciences Days Inventory Calculation

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

Evelo Biosciences's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Evelo Biosciences's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Evelo Biosciences (EVLO) has a Days Inventory of 0.00 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Evelo Biosciences and its competitors.

Is Evelo Biosciences' Days Inventory too high?

Evelo Biosciences' current Days Inventory is 0.00.

How does Evelo Biosciences' Days Inventory compare to IMNN and EDSA?

Evelo Biosciences' Days Inventory of 0.00 can be compared against companies in the Biotechnology industry. The industry median Days Inventory is 183.97. 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 Biotechnology company?

The median Days Inventory among Biotechnology companies is 183.97, based on 639 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. 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 Evelo Biosciences and its competitors. For the Biotechnology industry, the median Days Inventory is 183.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evelo Biosciences's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Evelo Biosciences stock overvalued right now?

Evelo Biosciences (EVLO) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Evelo Biosciences (EVLO), the current Days Inventory is 0.00 as of Sep. 2023. 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.

Evelo Biosciences Business Description

Industry Healthcare Biotechnology

Comparable Companies IMNN EDSA TMBR EIGR SIGY GRTX CMRA ONVO VYNE ARAV OCSE:NOVO B VRTX REGN ASX:CSL SGEN XKRX:207940 MRNA HKSE:02269 XBRU:ARGX BNTX

Address 620 Memorial Drive, Cambridge, MA, USA, 02139

Website https://www.evelobio.com

Evelo Biosciences Inc is a clinical-stage biotechnology company focused on discovering and developing a new class of oral medicines that act on immune cells in the small intestine with systemic effects. The company is developing EDP1815 as a treatment in psoriasis and atopic dermatitis and EDP2939 in psoriasis.