LEXX (Lexaria Bioscience) Days Inventory : 0.00 (As of Nov. 2024)

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What is Lexaria Bioscience Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lexaria Bioscience's Average Total Inventories for the three months ended in Nov. 2024 was $0.00 Mil. Lexaria Bioscience's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.00 Mil. Hence, Lexaria Bioscience's Days Inventory for the three months ended in Nov. 2024 was 0.00.

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

During the past 13 years, Lexaria Bioscience's highest Days Inventory was 2044.00. The lowest was 152.43. And the median was 1124.20.

LEXX's Days Inventory is not ranked ^*
in the Biotechnology industry.
Industry Median: 179.39
* Ranked among companies with meaningful Days Inventory only.

Lexaria Bioscience's Days Inventory stayed the same from Nov. 2023 (0.00) to Nov. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Lexaria Bioscience's Inventory-to-Revenue for the three months ended in Nov. 2024 was 0.00.

Lexaria Bioscience Days Inventory Historical Data

The historical data trend for Lexaria 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.

Lexaria Bioscience Days Inventory Chart

Lexaria Bioscience Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Days Inventory

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261.94

152.43

174.79

447.42

Lexaria Bioscience Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Lexaria Bioscience's Days Inventory

For the Biotechnology subindustry, Lexaria 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.

Lexaria Bioscience's Days Inventory Distribution in the Biotechnology Industry

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

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

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Lexaria Bioscience Days Inventory Calculation

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

Lexaria Bioscience's Days Inventory for the fiscal year that ended in Aug. 2024 is calculated as

	Days Inventory (A: Aug. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.005	*	365
=	0					/	0.005	*	365
=	0.00

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

	Days Inventory (Q: Nov. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2024 )	+	Total Inventories (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.003	*	365 / 4
=	0					/	0.003	*	365 / 4
=	0.00

Lexaria Bioscience (NAS:LEXX) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.003	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.184
	=	0.00

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.

Lexaria Bioscience Days Inventory Related Terms

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

Lexaria Bioscience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Lexaria Bioscience Corp (NAS:LEXX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

740 McCurdy Road, No. 100, Kelowna, BC, CAN, V1X 2P7

Website

https://www.lexariabioscience.com

Lexaria Bioscience Corp's patented drug delivery technology, DehydraTECH improves the way active pharmaceutical ingredients enter the bloodstream by promoting more effective oral delivery. DehydraTECH can increase bio-absorption with cannabinoids and nicotine by 5-10x and, in some instances with cannabinoids by as much as 27x compared to standard industry formulations, reduce the time of onset from 1-2 hours to minutes, and mask unwanted tastes. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood-brain barrier. The company has four reportable segments: Intellectual Property Licensing which generates maximum revenue, B2B Production, Research and Development, and Corporate. Geographically, it derives revenue from the United States and Canada.

Executives

Catherine C. Turkel	director	19900 MACARTHUR BLVD., SUITE 550, IRVINE CA 92612
Vanessa Carle	officer: Secretary	100 - 740 MCCURDY ROAD, KELOWNA A1 V1X 2P7
Gregory Downey	officer: Chief Financial Officer	100 - 740 MCCURDY ROAD, KELOWNA A1 V1X 2P7
Christopher Bunka	director, 10 percent owner, officer: CEO	1924 BIRKDALE AVE, KELOWNA A1 V1P1R7
Reese Albert L Jr	director
Brian W. Quigley	director	100 740 MCCURDY ROAD, KELOWNA A1 23230
William Edward Mckechnie	director	305 MARGARET AVENUE, KITCHENER A6 N2H 6S4
Allan Horst Spissinger	officer: CFO	8131 198A STREET, LANGLEY A1 V2Y 1Y6
John Martin Docherty	director, 10 percent owner	23 MIKELEN DRIVE, PORT PERRY A6 L9L 1V1
Baljinder Bhullar	director, officer: CFO	604 - 700 WEST PENDER, VANCOUVER A1 V6C 1G8
Nicholas W Baxter	director	220 SPRINGFIELD ROAD, ABERDEEN, ABERDEENSHIRE, SCOTLAND X0 AB15 6AU
Dustin Arthur Elford	director	888 - 609 WEST HASTINGS STREET, VANCOUVER A1 V6B 4W4
Thomas James Ihrke	officer: Sr. VP, Business Development	38 KRIER LANE, MOUNT PLEASANT SC 29464
David Demartini	director, 10 percent owner	11714 SPRIGGS WAY, HOUSTON TX 77024
Leonard Macmillan	director, officer: Vice President - Corp Develop	SUITE 302, 125A - 1030 DENMAN STREET, VANCOUVER A1 V6G 2M6