Abcam (FRA:A8C1) Days Inventory : 252.01 (As of Jun. 2023)

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What is Abcam Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Abcam's Average Total Inventories for the six months ended in Jun. 2023 was €77.7 Mil. Abcam's Cost of Goods Sold for the six months ended in Jun. 2023 was €56.3 Mil. Hence, Abcam's Days Inventory for the six months ended in Jun. 2023 was 252.01.

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

FRA:A8C1' s Days Inventory Range Over the Past 10 Years
Min: 122.49 Med: 156.06 Max: 253.92
Current: 253.92

During the past 13 years, Abcam's highest Days Inventory was 253.92. The lowest was 122.49. And the median was 156.06.

FRA:A8C1's Days Inventory is not ranked
in the Biotechnology industry.
Industry Median: 189.69 vs FRA:A8C1: 253.92

Abcam's Days Inventory increased from Jun. 2022 (196.91) to Jun. 2023 (252.01). It might indicate that Abcam's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abcam's Inventory Turnover for the six months ended in Jun. 2023 was 0.72.

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. Abcam's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.33.

Abcam Days Inventory Historical Data

The historical data trend for Abcam'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.

Abcam Days Inventory Chart

Abcam Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Days Inventory

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122.49

133.69

157.13

176.17

214.80

Abcam Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															179.40	184.82	196.91	266.08	252.01

Competitive Comparison of Abcam's Days Inventory

For the Biotechnology subindustry, Abcam'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.

Abcam's Days Inventory Distribution in the Biotechnology Industry

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

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

Abcam Days Inventory Calculation

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

Abcam'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: Jun. 2020 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (45.234	+	78.188)	/	2 )	/	104.863	*	365
=	61.711					/	104.863	*	365
=	214.80

Abcam's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (78.188	+	77.266)	/	2 )	/	56.289	*	365 / 2
=	77.727					/	56.289	*	365 / 2
=	252.01

Abcam (FRA:A8C1) 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.

Abcam's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.289	/	77.727
	=	0.72

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.

Abcam's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	77.727	/	236.81
	=	0.33

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.

Abcam Days Inventory Related Terms

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

Abcam (FRA:A8C1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Abcam PLC (FRA:A8C1) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Discovery Drive, Cambridge Biomedical Campus, Cambridge, GBR, CB2 0AX

Website

https://www.abcam.com

Abcam PLC is a biotechnology company that develops and provides antibodies to life science research and clinical communities. The company's products allow research into the role of signaling and regulatory molecules and proteins in biological pathways. Such research ultimately leads to treatments for diseases such as cancer and immune deficiency disorders. Abcam's focused on broadening its product range, improving speed to market, and accessing underpenetrated consumer groups in its markets. The company also selectively pursues partnerships and acquisitions.

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