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HLS Therapeutics (HLS Therapeutics) Days Inventory : 329.39 (As of Dec. 2023)


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What is HLS Therapeutics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HLS Therapeutics's Average Total Inventories for the three months ended in Dec. 2023 was $9.14 Mil. HLS Therapeutics's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.53 Mil. Hence, HLS Therapeutics's Days Inventory for the three months ended in Dec. 2023 was 329.39.

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

HLTRF' s Days Inventory Range Over the Past 10 Years
Min: 119.5   Med: 444.01   Max: 898.68
Current: 459.5

During the past 13 years, HLS Therapeutics's highest Days Inventory was 898.68. The lowest was 119.50. And the median was 444.01.

HLTRF's Days Inventory is ranked worse than
93.32% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs HLTRF: 459.50

HLS Therapeutics's Days Inventory declined from Dec. 2022 (570.75) to Dec. 2023 (329.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. HLS Therapeutics's Inventory Turnover for the three months ended in Dec. 2023 was 0.28.

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. HLS Therapeutics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.58.


HLS Therapeutics Days Inventory Historical Data

The historical data trend for HLS Therapeutics'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.

HLS Therapeutics Days Inventory Chart

HLS Therapeutics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 336.28 638.62 898.49 653.17 441.31

HLS Therapeutics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 570.75 619.63 530.81 456.69 329.39

Competitive Comparison of HLS Therapeutics's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, HLS Therapeutics'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.


HLS Therapeutics's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



HLS Therapeutics Days Inventory Calculation

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

HLS Therapeutics'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
=( (8.902 + 9.534) / 2 ) / 7.624*365
=9.218 / 7.624*365
=441.31

HLS Therapeutics's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (8.753 + 9.534) / 2 ) / 2.533*365 / 4
=9.1435 / 2.533*365 / 4
=329.39

* 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.


HLS Therapeutics  (OTCPK:HLTRF) 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.

HLS Therapeutics's Inventory Turnover for the three months ended in Dec. 2023 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.

HLS Therapeutics's Inventory to Revenue for the three months 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.


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.


HLS Therapeutics Days Inventory Related Terms

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


HLS Therapeutics (HLS Therapeutics) Business Description

Traded in Other Exchanges
Address
10 Carlson Court, Suite 701, Etobicoke, ON, CAN, M9W6L2
HLS Therapeutics Inc is a specialty pharmaceutical company. It is focused on the acquisition and commercialization of branded pharmaceutical products in the North American markets. The company products include Clozaril, Vascepa, Trinomia, and Perseris. The company earns revenue in the form of product sales and royalties, out of which product sales contribute to the majority of the revenue. The company operates in Canada, the United States, and the Rest of the world.

HLS Therapeutics (HLS Therapeutics) Headlines

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