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Scandinavian ChemoTech AB (OSTO:CMOTEC B) Days Inventory : 659.97 (As of Dec. 2024)


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What is Scandinavian ChemoTech AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scandinavian ChemoTech AB's Average Total Inventories for the three months ended in Dec. 2024 was kr3.42 Mil. Scandinavian ChemoTech AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr0.47 Mil. Hence, Scandinavian ChemoTech AB's Days Inventory for the three months ended in Dec. 2024 was 659.97.

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

OSTO:CMOTEC B' s Days Inventory Range Over the Past 10 Years
Min: 749.08   Med: 1116.93   Max: 1848.16
Current: 903.49

During the past 9 years, Scandinavian ChemoTech AB's highest Days Inventory was 1848.16. The lowest was 749.08. And the median was 1116.93.

OSTO:CMOTEC B's Days Inventory is ranked worse than
90.84% of 644 companies
in the Biotechnology industry
Industry Median: 178.8 vs OSTO:CMOTEC B: 903.49

Scandinavian ChemoTech AB's Days Inventory increased from Dec. 2023 (510.62) to Dec. 2024 (659.97). It might indicate that Scandinavian ChemoTech AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scandinavian ChemoTech AB's Inventory Turnover for the three months ended in Dec. 2024 was 0.14.

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. Scandinavian ChemoTech AB's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.68.


Scandinavian ChemoTech AB Days Inventory Historical Data

The historical data trend for Scandinavian ChemoTech AB'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.

Scandinavian ChemoTech AB Days Inventory Chart

Scandinavian ChemoTech AB Annual Data
Trend Jun15 Jun16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - 1,848.16 1,116.93 749.08

Scandinavian ChemoTech AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 510.62 - 580.72 778.54 659.97

Competitive Comparison of Scandinavian ChemoTech AB's Days Inventory

For the Biotechnology subindustry, Scandinavian ChemoTech AB'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.


Scandinavian ChemoTech AB's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Scandinavian ChemoTech AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Scandinavian ChemoTech AB's Days Inventory falls into.


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Scandinavian ChemoTech AB Days Inventory Calculation

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

Scandinavian ChemoTech AB's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4.034 + 3.309) / 2 ) / 1.789*365
=3.6715 / 1.789*365
=749.08

Scandinavian ChemoTech AB's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (3.533 + 3.309) / 2 ) / 0.473*365 / 4
=3.421 / 0.473*365 / 4
=659.97

* 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.


Scandinavian ChemoTech AB  (OSTO:CMOTEC B) 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.

Scandinavian ChemoTech AB's Inventory Turnover for the three months ended in Dec. 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.

Scandinavian ChemoTech AB's Inventory to Revenue for the three months ended in Dec. 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.


Scandinavian ChemoTech AB Days Inventory Related Terms

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


Scandinavian ChemoTech AB Business Description

Traded in Other Exchanges
Address
Scheelevagen 1, Medicon Village, Lund, SWE, 223 63
Scandinavian ChemoTech AB is a Sweden based clinical development company. It is engaged in research on pain management and therapy for prostate cancer.

Scandinavian ChemoTech AB Headlines

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