Aadi Bioscience (FRA:3350) Days Inventory : 863.45 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Aadi Bioscience Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aadi Bioscience's Average Total Inventories for the three months ended in Mar. 2024 was €5.68 Mil. Aadi Bioscience's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.60 Mil. Hence, Aadi Bioscience's Days Inventory for the three months ended in Mar. 2024 was 863.45.

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

FRA:3350' s Days Inventory Range Over the Past 10 Years
Min: 508.81 Med: 523.64 Max: 578.57
Current: 578.57

During the past 4 years, Aadi Bioscience's highest Days Inventory was 578.57. The lowest was 508.81. And the median was 523.64.

FRA:3350's Days Inventory is ranked worse than
83.77% of 653 companies
in the Biotechnology industry
Industry Median: 193.86 vs FRA:3350: 578.57

Aadi Bioscience's Days Inventory increased from Mar. 2023 (490.33) to Mar. 2024 (863.45). It might indicate that Aadi Bioscience's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aadi Bioscience's Inventory Turnover for the three months ended in Mar. 2024 was 0.11.

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. Aadi Bioscience's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.15.

Aadi Bioscience Days Inventory Historical Data

The historical data trend for Aadi Bioscience'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.

Aadi Bioscience Days Inventory Chart

Aadi Bioscience Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

508.97

542.04

Aadi Bioscience Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial										490.33	508.51	458.90	498.17	863.45

Competitive Comparison of Aadi Bioscience's Days Inventory

For the Biotechnology subindustry, Aadi Bioscience'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.

Aadi Bioscience's Days Inventory Distribution in the Biotechnology Industry

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

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

Aadi Bioscience Days Inventory Calculation

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

Aadi Bioscience'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
=	( (1.757	+	5.894)	/	2 )	/	2.576	*	365
=	3.8255					/	2.576	*	365
=	542.04

Aadi Bioscience's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (5.894	+	5.461)	/	2 )	/	0.6	*	365 / 4
=	5.6775					/	0.6	*	365 / 4
=	863.45

Aadi Bioscience (FRA:3350) 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.

Aadi Bioscience's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.6	/	5.6775
	=	0.11

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.

Aadi Bioscience's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.6775	/	4.925
	=	1.15

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.

Aadi Bioscience Days Inventory Related Terms

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

Aadi Bioscience (FRA:3350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Aadi Bioscience Inc (FRA:3350) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AADI:USA 3350:Germany

Address

17383 Sunset Boulevard, Suite A250, Pacific Palisades, CA, USA, 90272

Website

https://www.aadibio.com

Aadi Bioscience Inc is a clinical-stage biopharmaceutical company developing precision therapies for genetically-defined cancers. Aadi's primary goal is to bring transformational therapies to cancer patients with mTOR pathway driver alterations such as alterations in TSC1 or TSC2 genes, where other mTOR inhibitors have not or cannot be effectively exploited due to problems of pharmacology, effective drug delivery, safety, or effective targeting to the disease site. It has one operating segment, which is the business of developing and commercializing proprietary therapeutic. Geographically, it is located in the United States.

Aadi Bioscience (FRA:3350) Headlines

No Headlines