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MediPharm Labs (STU:MLZ) Days Inventory : 134.43 (As of Dec. 2023)


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What is MediPharm Labs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MediPharm Labs's Average Total Inventories for the three months ended in Dec. 2023 was €6.98 Mil. MediPharm Labs's Cost of Goods Sold for the three months ended in Dec. 2023 was €4.74 Mil. Hence, MediPharm Labs's Days Inventory for the three months ended in Dec. 2023 was 134.43.

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

STU:MLZ' s Days Inventory Range Over the Past 10 Years
Min: 118.56   Med: 163.53   Max: 217.66
Current: 127.51

During the past 7 years, MediPharm Labs's highest Days Inventory was 217.66. The lowest was 118.56. And the median was 163.53.

STU:MLZ's Days Inventory is ranked better than
62.99% of 970 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs STU:MLZ: 127.51

MediPharm Labs's Days Inventory declined from Dec. 2022 (151.21) to Dec. 2023 (134.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. MediPharm Labs's Inventory Turnover for the three months ended in Dec. 2023 was 0.68.

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. MediPharm Labs's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.12.


MediPharm Labs Days Inventory Historical Data

The historical data trend for MediPharm Labs'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.

MediPharm Labs Days Inventory Chart

MediPharm Labs Annual Data
Trend Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 217.66 175.61 155.67 141.99 119.43

MediPharm Labs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 151.21 134.13 100.95 163.09 134.43

Competitive Comparison of MediPharm Labs's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, MediPharm Labs'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.


MediPharm Labs's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



MediPharm Labs Days Inventory Calculation

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

MediPharm Labs'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
=( (5.403 + 6.766) / 2 ) / 18.596*365
=6.0845 / 18.596*365
=119.43

MediPharm Labs's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7.2 + 6.766) / 2 ) / 4.74*365 / 4
=6.983 / 4.74*365 / 4
=134.43

* 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.


MediPharm Labs  (STU:MLZ) 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.

MediPharm Labs's Inventory Turnover for the three months ended in Dec. 2023 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.

MediPharm Labs's Inventory to Revenue for the three months 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.


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.


MediPharm Labs Days Inventory Related Terms

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


MediPharm Labs (STU:MLZ) Business Description

Traded in Other Exchanges
Address
151 John Street, Barrie, ON, CAN, L4N 2L1
MediPharm Labs Corp is a pharmaceutical company specializing in precision-based cannabinoids. The Company operates in one reportable segment, the production and sales of cannabis extracts and derivative products. Through its wholesale and white-label platforms, MediPharm Labs formulates, develops, processes, packages, and distributes cannabis extracts and cannabinoid-based products to domestic and international markets. Geographically company has a presence in Canada, Australia, Germany, and other countries and the majority of revenue derives from Canada.

MediPharm Labs (STU:MLZ) Headlines

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