NOTVQ (Inotiv) Days Inventory: 36.73 (As of Mar. 2026) — 32% Above Median


What is Inotiv Days Inventory?

Inotiv NOTVQ -9.91% Days Inventory is 36.73 as of Mar. 2026, which is 32% above its 10-year median of 27.93. The stock has 4 warning signs investors should review. Among 177 Medical Diagnostics & Research companies, Inotiv ranks better than 73.45% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Inotiv's Average Total Inventories for the three months ended in Mar. 2026 was $37.4 Mil. Inotiv's Cost of Goods Sold for the three months ended in Mar. 2026 was $93.0 Mil. Hence, Inotiv's Days Inventory for the three months ended in Mar. 2026 was 36.73.

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

NOTVQ' s Days Inventory Range Over the Past 10 Years
Min: 4   Med: 27.93   Max: 59.61
Current: 38.04

During the past 13 years, Inotiv's highest Days Inventory was 59.61. The lowest was 4.00. And the median was 27.93.

NOTVQ's Days Inventory is ranked better than
73.45% of 177 companies
in the Medical Diagnostics & Research industry
Industry Median: 70.8 vs NOTVQ: 38.04

Inotiv's Days Inventory increased from Mar. 2025 (33.31) to Mar. 2026 (36.73). It might indicate that Inotiv's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inotiv's Inventory Turnover for the three months ended in Mar. 2026 was 2.48.

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. Inotiv's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.32.


Inotiv  (OTCPK:NOTVQ) 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.

Inotiv's Inventory Turnover for the three months ended in Mar. 2026 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.

Inotiv's Inventory to Revenue for the three months ended in Mar. 2026 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.


Inotiv Days Inventory Related Terms


Inotiv Days Inventory Historical Data

* Premium members only.

The historical data trend for Inotiv'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.

Inotiv Days Inventory Chart

Inotiv Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 33.67 59.61 35.71 29.75

Inotiv Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 33.31 39.19 39.42 42.77 36.73

NOTVQ vs NDRA, XWEL, ADVB: Days Inventory Comparison

For the Diagnostics & Research subindustry, Inotiv'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.


Inotiv Days Inventory vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Inotiv's Days Inventory distribution charts can be found below:

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



Inotiv Days Inventory Calculation

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

Inotiv's Days Inventory for the fiscal year that ended in Sep. 2025 is calculated as

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (18.173 + 45.738) / 2 ) / 392.044*365
=31.9555 / 392.044*365
=29.75

Inotiv's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (44.32 + 30.547) / 2 ) / 93.003*365 / 4
=37.4335 / 93.003*365 / 4
=36.73

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 36.73 mean?
Inotiv (NOTVQ) has a Days Inventory of 36.73 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Inotiv and its competitors. This is 32% above median its historical median of 27.93. Over the past decade, Inotiv's Days Inventory has ranged from 4.00 to 59.61. According to the industry distribution chart, Inotiv ranks #47 out of 177 companies in the Medical Diagnostics & Research industry, placing it in the top 26.6%.
Is Inotiv's Days Inventory too high?
Inotiv's current Days Inventory of 36.73 is 32% above median its 10-year median of 27.93. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 59.61. The Medical Diagnostics & Research industry median Days Inventory is 70.80. Inotiv's value of 36.73 is 48.1% below this industry median. Based on the distribution chart, Inotiv ranks #47 out of 177 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint.
How does Inotiv's Days Inventory compare to NDRA and XWEL?
According to the Medical Diagnostics & Research industry distribution chart, Inotiv ranks #47 out of 177 companies for Days Inventory. This puts Inotiv in the upper half of its industry. The industry median Days Inventory is 70.80. Inotiv's value of 36.73 is 48.1% below this benchmark. Historically, Inotiv's own Days Inventory has ranged from 4.00 to 59.61 over the past decade. While the company's 10-year median is 27.93 vs. the industry median of 70.80, Inotiv has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Medical Diagnostics & Research company?
The median Days Inventory among Medical Diagnostics & Research companies is 70.80, based on 177 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Inotiv's current Days Inventory of 36.73 is 48.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Inotiv and its competitors. For the Medical Diagnostics & Research industry, the median Days Inventory is 70.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inotiv's current Days Inventory is 36.73, which is 32% above median its own 10-year median of 27.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inotiv stock overvalued right now?
Based on GuruFocus' analysis, Inotiv (NOTVQ) is currently considered Possible Value Trap. The stock's GF Value™ is $1.68, compared to a current price of $0.01 — trading 99.4% below its estimated fair value. The current Days Inventory is 36.73, which is 32% above median its 10-year median of 27.93 and 48.1% below the Medical Diagnostics & Research industry median of 70.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Inotiv (NOTVQ), the current Days Inventory is 36.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Inotiv Business Description

Other Exchanges BS50:Germany
Address 2701 Kent Avenue, West Lafayette, IN, USA, 47906
Inotiv Inc is a pharmaceutical development company specializing in nonclinical and analytical drug discovery, development services to the pharmaceutical, chemical, and medical device industries. It operates in two segments; Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). Through the DSA segment, the company supports the discovery, nonclinical development, and clinical development needs of researchers and clinicians for small molecule drug candidates, biotherapeutics, and biomedical devices. Through the RMS segment, the company offers access to a wide range of small and large research models for basic research, drug discovery, development, and specialized models for specific diseases and therapeutic areas. The company earns maximum revenue from RMS Segment.