Synergy Pharmaceuticals (FRA:S90) Days Inventory : 455.08 (As of Sep. 2018)

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What is Synergy Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Synergy Pharmaceuticals's Average Total Inventories for the three months ended in Sep. 2018 was €16.76 Mil. Synergy Pharmaceuticals's Cost of Goods Sold for the three months ended in Sep. 2018 was €3.36 Mil. Hence, Synergy Pharmaceuticals's Days Inventory for the three months ended in Sep. 2018 was 455.08.

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

FRA:S90' s Days Inventory Range Over the Past 10 Years
Min: 407.73 Med: 473.37 Max: 473.37
Current: 407.73

During the past 12 years, Synergy Pharmaceuticals's highest Days Inventory was 473.37. The lowest was 407.73. And the median was 473.37.

FRA:S90's Days Inventory is not ranked
in the Drug Manufacturers industry.
Industry Median: 158.38 vs FRA:S90: 407.73

Synergy Pharmaceuticals's Days Inventory declined from Sep. 2017 (678.66) to Sep. 2018 (455.08).

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. Synergy Pharmaceuticals's Inventory Turnover for the three months ended in Sep. 2018 was 0.20.

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. Synergy Pharmaceuticals's Inventory-to-Revenue for the three months ended in Sep. 2018 was 1.76.

Synergy Pharmaceuticals Days Inventory Historical Data

The historical data trend for Synergy Pharmaceuticals'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.

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Synergy Pharmaceuticals Days Inventory Chart

Synergy Pharmaceuticals Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

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487.64

Synergy Pharmaceuticals Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Inventory	Get a 7-Day Free Trial															678.66	361.30	420.16	386.83	455.08

Competitive Comparison of Synergy Pharmaceuticals's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Synergy Pharmaceuticals'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.

Synergy Pharmaceuticals's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Synergy Pharmaceuticals's Days Inventory distribution charts can be found below:

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

Synergy Pharmaceuticals Days Inventory Calculation

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

Synergy Pharmaceuticals's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (5.347	+	14.546)	/	2 )	/	7.445	*	365
=	9.9465					/	7.445	*	365
=	487.64

Synergy Pharmaceuticals's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

	Days Inventory (Q: Sep. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2018 )	+	Total Inventories (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (15.073	+	18.451)	/	2 )	/	3.361	*	365 / 4
=	16.762					/	3.361	*	365 / 4
=	455.08

Synergy Pharmaceuticals (FRA:S90) 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.

Synergy Pharmaceuticals's Inventory Turnover for the three months ended in Sep. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.361	/	16.762
	=	0.20

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.

Synergy Pharmaceuticals's Inventory to Revenue for the three months ended in Sep. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.762	/	9.517
	=	1.76

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.

Synergy Pharmaceuticals Days Inventory Related Terms

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

Synergy Pharmaceuticals (FRA:S90) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Synergy Pharmaceuticals Inc (FRA:S90) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

420 Lexington Avenue, Suite 2012, New York, NY, USA, 10170

Website

http://www.synergypharma.com

Synergy Pharmaceuticals Inc functions in the healthcare sector based in the United States. It focusses on developing therapies to combat gastrointestinal diseases. The company's basic ingredient is the uroguanylin analog, which it employs in its products candidates such as plecanatide and dolcanatide. Plecanatide is a once-daily tablet, which addresses chronic idiopathic constipation and the irritable bowel syndrome. Dolcanatide is meant to cure inflammatory bowel disease by aiding the process of digestive breakdown.

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