Days Inventory is also known as Days Sales of Inventory (DSI). Marizyme's Average Total Inventories for the
three
months ended in Jun. 2024 was $0.02 Mil. Marizyme's Cost of Goods Sold for the
three
months ended in Jun. 2024 was $0.00 Mil.
The historical rank and industry rank for Marizyme's Days Inventory or its related term are showing as below:
MRZM'
s Days Inventory Range Over the Past 10 Years
Min: 177.94 Med: 293.18 Max: 804.35
Current: 203.07
During the past 13 years, Marizyme's highest Days Inventory was 804.35. The lowest was 177.94. And the median was 293.18.
MRZM's Days Inventory is ranked worse than 51% of 653
companies
in the Biotechnology industry
Industry Median: 199.78
vs MRZM: 203.07
Marizyme's Days Inventory
declined
from Jun. 2023 (289.26) to Jun. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Marizyme's Inventory Turnover for the
three
months ended in Jun. 2024 was 0.00.
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.
Marizyme Days Inventory Historical Data
The historical data trend for Marizyme'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 Marizyme's Days Inventory
For the Biotechnology subindustry, Marizyme'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.
Marizyme's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Marizyme's Days Inventory distribution charts can be found below:
* The bar in red indicates where Marizyme's Days Inventory falls into.
Marizyme Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Marizyme'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.
Marizyme (OTCPK:MRZM) 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.
Marizyme's Inventory Turnover for the
three
months ended in Jun. 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.
Marizyme's Inventory to Revenue for the
three
months ended in Jun. 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.
Marizyme Days Inventory Related Terms
Thank you for viewing the detailed overview of Marizyme's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Marizyme Inc is a multi-technology biomedical company dedicated to the accelerated development and commercialization of medical device technologies that improve patient health outcomes. Currently, the company is focused on developing three medical technology products: DuraGraft, Krillase, and MATLOC. DuraGraft is a single-use intraoperative vascular graft treatment that protects against ischemic injury and reduces the incidence and complications of graft failure, MATLOC is a point-of-care, lab-on-chip digital screening, and diagnostic device platform, initially being developed for quantitative chronic kidney disease, or CKD, assessment, and Krillase protein enzyme provides a therapeutics opportunity for wound healing, thrombosis, and pet health.
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