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iX Biopharma (SGX:42C) Days Inventory : 76.06 (As of Dec. 2024)


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What is iX Biopharma Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). iX Biopharma's Average Total Inventories for the six months ended in Dec. 2024 was S$1.20 Mil. iX Biopharma's Cost of Goods Sold for the six months ended in Dec. 2024 was S$2.88 Mil. Hence, iX Biopharma's Days Inventory for the six months ended in Dec. 2024 was 76.06.

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

SGX:42C' s Days Inventory Range Over the Past 10 Years
Min: 72.46   Med: 174.59   Max: 390.91
Current: 72.46

During the past 11 years, iX Biopharma's highest Days Inventory was 390.91. The lowest was 72.46. And the median was 174.59.

SGX:42C's Days Inventory is ranked better than
86.94% of 942 companies
in the Drug Manufacturers industry
Industry Median: 160.16 vs SGX:42C: 72.46

iX Biopharma's Days Inventory declined from Dec. 2023 (85.73) to Dec. 2024 (76.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. iX Biopharma's Inventory Turnover for the six months ended in Dec. 2024 was 2.40.

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. iX Biopharma's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.32.


iX Biopharma Days Inventory Historical Data

The historical data trend for iX Biopharma'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.

iX Biopharma Days Inventory Chart

iX Biopharma Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.19 170.40 174.59 94.58 86.81

iX Biopharma Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 99.10 85.37 85.73 76.71 76.06

Competitive Comparison of iX Biopharma's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, iX Biopharma'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.


iX Biopharma's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



iX Biopharma Days Inventory Calculation

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

iX Biopharma's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.956 + 1.38) / 2 ) / 4.911*365
=1.168 / 4.911*365
=86.81

iX Biopharma'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: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.38 + 1.024) / 2 ) / 2.884*365 / 2
=1.202 / 2.884*365 / 2
=76.06

* 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.


iX Biopharma  (SGX:42C) 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.

iX Biopharma's Inventory Turnover for the six 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.

iX Biopharma's Inventory to Revenue for the six 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.


iX Biopharma Days Inventory Related Terms

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


iX Biopharma Business Description

Traded in Other Exchanges
N/A
Address
1 Kim Seng Promenade, No. 14-01, Great World City East Lobby, Singapore, SGP, 237994
iX Biopharma Ltd is a Singapore-based specialty pharmaceutical and nutraceutical company focused on the development, manufacture, and commercialization of therapies for the treatment of acute and breakthrough pain, and other health conditions. Its products under development are Wafermine and BnoX for pain management, Wafesil for erectile dysfunction, WafeRest for improved sleep quality, and others. Its business segments are Specialty Pharmaceutical and Nutraceutical business segments. The firm's business segments operate in United States of America, Singapore, Australia, and China, of which the majority of the revenue comes from the United States of America. The company generates the majority of its revenue from the sale of specialty pharmaceutical products.

iX Biopharma Headlines

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