Days Inventory is also known as Days Sales of Inventory (DSI). Legend Biotech's Average Total Inventories for the
three
months ended in Sep. 2024 was €19.4 Mil. Legend Biotech's Cost of Goods Sold for the
three
months ended in Sep. 2024 was €50.0 Mil.
Hence, Legend Biotech's Days Inventory for the
three
months ended in Sep. 2024 was 35.37.
The historical rank and industry rank for Legend Biotech's Days Inventory or its related term are showing as below:
FRA:9LB'
s Days Inventory Range Over the Past 10 Years
Min: 33.79 Med: 35.74 Max: 38.56
Current: 38.56
During the past 6 years, Legend Biotech's highest Days Inventory was 38.56. The lowest was 33.79. And the median was 35.74.
FRA:9LB's Days Inventory is ranked better than 89.74% of 643
companies
in the Biotechnology industry
Industry Median: 188.02
vs FRA:9LB: 38.56
Legend Biotech's Days Inventory
increased
from Sep. 2023 (34.61) to Sep. 2024 (35.37).
It might indicate that Legend Biotech'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.
Legend Biotech's Inventory Turnover for the
three
months ended in Sep. 2024 was 2.58.
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.
Legend Biotech's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.13.
Legend Biotech Days Inventory Historical Data
The historical data trend for Legend Biotech'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 Legend Biotech's Days Inventory
For the Biotechnology subindustry, Legend Biotech'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.
Legend Biotech's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Legend Biotech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Legend Biotech's Days Inventory falls into.
Legend Biotech Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Legend Biotech'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.
Legend Biotech (FRA:9LB) 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.
Legend Biotech'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.
Legend Biotech'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.
Legend Biotech Days Inventory Related Terms
Thank you for viewing the detailed overview of Legend Biotech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm's lead product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy for the treatment of multiple myeloma. Geographically, the company generates a majority of its revenue from the United States of America. The company generates revenue from License and Collaboration revenue.
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