Days Inventory is also known as Days Sales of Inventory (DSI). Evotec SE's Average Total Inventories for the
three
months ended in Sep. 2024 was $40.0 Mil. Evotec SE's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $184.9 Mil.
Hence, Evotec SE's Days Inventory for the
three
months ended in Sep. 2024 was 19.71.
The historical rank and industry rank for Evotec SE's Days Inventory or its related term are showing as below:
EVO'
s Days Inventory Range Over the Past 10 Years
Min: 7.78 Med: 12.56 Max: 18.27
Current: 18.26
During the past 13 years, Evotec SE's highest Days Inventory was 18.27. The lowest was 7.78. And the median was 12.56.
EVO's Days Inventory is ranked better than 98.41% of 944
companies
in the Drug Manufacturers industry
Industry Median: 156.935
vs EVO: 18.26
Evotec SE's Days Inventory
increased
from Sep. 2023 (18.72) to Sep. 2024 (19.71).
It might indicate that Evotec SE's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Evotec SE's Inventory Turnover for the
three
months ended in Sep. 2024 was 4.63.
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.
Evotec SE's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.19.
Evotec SE Days Inventory Historical Data
The historical data trend for Evotec SE'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.
Competitive Comparison of Evotec SE's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Evotec SE'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.
Evotec SE's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Evotec SE's Days Inventory distribution charts can be found below:
* The bar in red indicates where Evotec SE's Days Inventory falls into.
Evotec SE Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Evotec SE's Days Inventory for the fiscal year that 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.
Evotec SE (NAS:EVO) 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.
Evotec SE's Inventory Turnover for the
three
months ended in Sep. 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.
Evotec SE's Inventory to Revenue for the
three
months ended in Sep. 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.
Evotec SE Days Inventory Related Terms
Thank you for viewing the detailed overview of Evotec SE's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Evotec is a drug discovery partnership firm providing solutions to pharmaceutical and biotechnology companies, academic institutions, foundations, and nonprofit organizations. The company offers services in a variety of therapeutic areas, including central nervous system disorders, diabetes, inflammation, oncology, infectious diseases, and women's health. The shared R&D segment, roughly 80% of sales, provides drug discovery and manufacturing services on a typical fee-for-service basis and integrated drug discovery collaborations based on its proprietary, internally developed assets. The Just-Evotec Biologics segment, about 20% of sales, offers CDMO services for biologics. As of 2023, the company has over 5,000 employees and 18 production sites mainly in Europe and the United States.
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