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ImmunoPrecise Antibodies (STU:TQB) Days Inventory : 62.59 (As of Jan. 2025)


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What is ImmunoPrecise Antibodies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ImmunoPrecise Antibodies's Average Total Inventories for the three months ended in Jan. 2025 was €1.32 Mil. ImmunoPrecise Antibodies's Cost of Goods Sold for the three months ended in Jan. 2025 was €1.92 Mil. Hence, ImmunoPrecise Antibodies's Days Inventory for the three months ended in Jan. 2025 was 62.59.

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

STU:TQB' s Days Inventory Range Over the Past 10 Years
Min: 17.44   Med: 52.81   Max: 75.88
Current: 65.26

During the past 13 years, ImmunoPrecise Antibodies's highest Days Inventory was 75.88. The lowest was 17.44. And the median was 52.81.

STU:TQB's Days Inventory is ranked better than
82.3% of 644 companies
in the Biotechnology industry
Industry Median: 177.565 vs STU:TQB: 65.26

ImmunoPrecise Antibodies's Days Inventory declined from Jan. 2024 (75.53) to Jan. 2025 (62.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. ImmunoPrecise Antibodies's Inventory Turnover for the three months ended in Jan. 2025 was 1.46.

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. ImmunoPrecise Antibodies's Inventory-to-Revenue for the three months ended in Jan. 2025 was 0.32.


ImmunoPrecise Antibodies Days Inventory Historical Data

The historical data trend for ImmunoPrecise Antibodies'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.

ImmunoPrecise Antibodies Days Inventory Chart

ImmunoPrecise Antibodies Annual Data
Trend Dec14 Dec15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.39 57.42 59.10 76.40 61.24

ImmunoPrecise Antibodies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 75.53 63.72 63.39 66.07 62.59

Competitive Comparison of ImmunoPrecise Antibodies's Days Inventory

For the Biotechnology subindustry, ImmunoPrecise Antibodies'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.


ImmunoPrecise Antibodies's Days Inventory Distribution in the Biotechnology Industry

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

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


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ImmunoPrecise Antibodies Days Inventory Calculation

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

ImmunoPrecise Antibodies's Days Inventory for the fiscal year that ended in Apr. 2024 is calculated as

Days Inventory (A: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (1.393 + 1.458) / 2 ) / 8.496*365
=1.4255 / 8.496*365
=61.24

ImmunoPrecise Antibodies's Days Inventory for the quarter that ended in Jan. 2025 is calculated as:

Days Inventory (Q: Jan. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2024 ) + Total Inventories (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (1.341 + 1.289) / 2 ) / 1.917*365 / 4
=1.315 / 1.917*365 / 4
=62.59

* 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.


ImmunoPrecise Antibodies  (STU:TQB) 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.

ImmunoPrecise Antibodies's Inventory Turnover for the three months ended in Jan. 2025 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.

ImmunoPrecise Antibodies's Inventory to Revenue for the three months ended in Jan. 2025 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.


ImmunoPrecise Antibodies Days Inventory Related Terms

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


ImmunoPrecise Antibodies Business Description

Traded in Other Exchanges
Address
Industrious 823 Congress Avenue, Suite 300, Austin, TX, USA, 78701
ImmunoPrecise Antibodies Ltd is a techbio company that leverages multi-omics modeling and complex artificial intelligence through a series of proprietary and patented technologies. The Company owns an integrated end-to-end suite of capabilities to support the development of therapeutic antibodies and are known for solving very complex industry challenges. IPA has several subsidiaries in North America and Europe.

ImmunoPrecise Antibodies Headlines

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