The historical rank and industry rank for Noile-Immune Biotech's Days Inventory or its related term are showing as below:
TSE:4893'
s Days Inventory Range Over the Past 10 Years
Min: 124.79 Med: 805.45 Max: 4434.92
Current: 4434.92
During the past 4 years, Noile-Immune Biotech's highest Days Inventory was 4434.92. The lowest was 124.79. And the median was 805.45.
TSE:4893's Days Inventory is ranked worse than 97.39% of 651
companies
in the Biotechnology industry
Industry Median: 194.42
vs TSE:4893: 4434.92
Noile-Immune Biotech's Days Inventory
increased
from Mar. 2023 (341.84) to Mar. 2024 (8,769.59).
It might indicate that Noile-Immune Biotech'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.
Noile-Immune Biotech's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.01.
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.
Noile-Immune Biotech's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 7.24.
Noile-Immune Biotech Days Inventory Historical Data
The historical data trend for Noile-Immune Biotech'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 Noile-Immune Biotech's Days Inventory
For the Biotechnology subindustry, Noile-Immune Biotech'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.
Noile-Immune Biotech's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Noile-Immune Biotech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Noile-Immune Biotech's Days Inventory falls into.
Noile-Immune Biotech Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Noile-Immune Biotech's Days Inventory for the fiscal year that 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.
Noile-Immune Biotech (TSE:4893) 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.
Noile-Immune Biotech'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.
Noile-Immune Biotech'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.
Noile-Immune Biotech Days Inventory Related Terms
Thank you for viewing the detailed overview of Noile-Immune Biotech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Noile-Immune Biotech (TSE:4893) Business Description
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