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Marinus Pharmaceuticals (STU:61Y) Days Inventory : 493.81 (As of Mar. 2024)


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What is Marinus Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marinus Pharmaceuticals's Average Total Inventories for the three months ended in Mar. 2024 was €3.77 Mil. Marinus Pharmaceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.70 Mil. Hence, Marinus Pharmaceuticals's Days Inventory for the three months ended in Mar. 2024 was 493.81.

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

STU:61Y' s Days Inventory Range Over the Past 10 Years
Min: 82.66   Med: 158.82   Max: 400.94
Current: 400.94

During the past 12 years, Marinus Pharmaceuticals's highest Days Inventory was 400.94. The lowest was 82.66. And the median was 158.82.

STU:61Y's Days Inventory is ranked worse than
77.11% of 651 companies
in the Biotechnology industry
Industry Median: 194.42 vs STU:61Y: 400.94

Marinus Pharmaceuticals's Days Inventory increased from Mar. 2023 (25.66) to Mar. 2024 (493.81). It might indicate that Marinus Pharmaceuticals's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marinus Pharmaceuticals's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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. Marinus Pharmaceuticals's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.


Marinus Pharmaceuticals Days Inventory Historical Data

The historical data trend for Marinus Pharmaceuticals'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.

Marinus Pharmaceuticals Days Inventory Chart

Marinus Pharmaceuticals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 83.01 235.17

Marinus Pharmaceuticals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.66 319.89 537.67 268.08 493.81

Competitive Comparison of Marinus Pharmaceuticals's Days Inventory

For the Biotechnology subindustry, Marinus Pharmaceuticals'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.


Marinus Pharmaceuticals's Days Inventory Distribution in the Biotechnology Industry

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

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



Marinus Pharmaceuticals Days Inventory Calculation

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

Marinus Pharmaceuticals's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.073 + 2.213) / 2 ) / 1.774*365
=1.143 / 1.774*365
=235.17

Marinus Pharmaceuticals's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2.213 + 5.32) / 2 ) / 0.696*365 / 4
=3.7665 / 0.696*365 / 4
=493.81

* 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.


Marinus Pharmaceuticals  (STU:61Y) 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.

Marinus Pharmaceuticals's Inventory Turnover for the three months ended in Mar. 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.

Marinus Pharmaceuticals's Inventory to Revenue for the three months ended in Mar. 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.


Marinus Pharmaceuticals Days Inventory Related Terms

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


Marinus Pharmaceuticals (STU:61Y) Business Description

Traded in Other Exchanges
Address
100 Matsonford Road, Suite 500, 5 Radnor Corporate Center, Radnor, PA, USA, 19087
Marinus Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. It is focused on developing and commercializing innovative therapeutics to treat epilepsy and neuropsychiatric disorders. Marinus manages the business in one segment, which is the identification and development of neuropsychiatric therapeutics. The Company is developing ganaxolone for multiple epilepsy and other neuropsychiatric indications, including adjunctive, or add-on, therapy for the treatment of drug-resistant focal onset seizures; status epilepticus; Fragile X Syndrome, and PCDH19-RE.

Marinus Pharmaceuticals (STU:61Y) Headlines

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