The historical rank and industry rank for Tarsus Pharmaceuticals's Days Inventory or its related term are showing as below:
TARS'
s Days Inventory Range Over the Past 10 Years
Min: 81.49 Med: 396.7 Max: 711.9
Current: 84.26
During the past 7 years, Tarsus Pharmaceuticals's highest Days Inventory was 711.90. The lowest was 81.49. And the median was 396.70.
TARS's Days Inventory is ranked better than 76.6% of 641
companies
in the Biotechnology industry
Industry Median: 178.94
vs TARS: 84.26
Tarsus Pharmaceuticals's Days Inventory
declined
from Dec. 2023 (117.14) to Dec. 2024 (50.63).
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.
Tarsus Pharmaceuticals's Inventory Turnover for the
three
months ended in Dec. 2024 was 1.80.
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.
Tarsus Pharmaceuticals's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.04.
Tarsus Pharmaceuticals Days Inventory Historical Data
The historical data trend for Tarsus 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.
Competitive Comparison of Tarsus Pharmaceuticals's Days Inventory
For the Biotechnology subindustry, Tarsus 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.
Tarsus Pharmaceuticals's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Tarsus Pharmaceuticals's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tarsus Pharmaceuticals's Days Inventory falls into.
* 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.
Tarsus Pharmaceuticals (NAS:TARS) 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.
Tarsus Pharmaceuticals'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.
Tarsus Pharmaceuticals'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.
Tarsus Pharmaceuticals Days Inventory Related Terms
Thank you for viewing the detailed overview of Tarsus Pharmaceuticals's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tarsus Pharmaceuticals Inc is a commercial-stage biopharmaceutical company focused on the development and commercialization of therapeutics, starting with eye care. The company is focused on the development and commercialization of first-in-class therapeutic candidates to provide treatment for ophthalmic conditions. The company's candidate XDEMVY is a novel investigational eye drop to treat blepharitis caused by the infestation of Demodex mites, referred to as Demodex blepharitis.
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