Days Inventory is also known as Days Sales of Inventory (DSI). PhoenixBio Co's Average Total Inventories for the
three
months ended in Dec. 2023 was 円430 Mil. PhoenixBio Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円129 Mil.
Hence, PhoenixBio Co's Days Inventory for the
three
months ended in Dec. 2023 was 304.94.
The historical rank and industry rank for PhoenixBio Co's Days Inventory or its related term are showing as below:
TSE:6190'
s Days Inventory Range Over the Past 10 Years
Min: 152.32 Med: 164.23 Max: 250.35
Current: 250.35
During the past 9 years, PhoenixBio Co's highest Days Inventory was 250.35. The lowest was 152.32. And the median was 164.23.
TSE:6190's Days Inventory is ranked worse than 60.68% of 651
companies
in the Biotechnology industry
Industry Median: 189.69
vs TSE:6190: 250.35
PhoenixBio Co's Days Inventory
increased
from Dec. 2022 (180.48) to Dec. 2023 (304.94).
It might indicate that PhoenixBio Co'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.
PhoenixBio Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.30.
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.
PhoenixBio Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.96.
PhoenixBio Co Days Inventory Historical Data
The historical data trend for PhoenixBio Co'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 PhoenixBio Co's Days Inventory
For the Biotechnology subindustry, PhoenixBio Co'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.
PhoenixBio Co's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, PhoenixBio Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where PhoenixBio Co's Days Inventory falls into.
PhoenixBio Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PhoenixBio Co's Days Inventory for the fiscal year that ended in Mar. 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.
PhoenixBio Co (TSE:6190) 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.
PhoenixBio Co'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.
PhoenixBio Co'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.
PhoenixBio Co Days Inventory Related Terms
Thank you for viewing the detailed overview of PhoenixBio Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
PhoenixBio Co Ltd conducts study services for drug discovery and early development. It provides outsourcing services for drug development. The Company uses PXB-Mouse to conduct the study. Its services include pharmacokinetics related test, safety test, hepatitis virus (HBV / HCV) related drug efficacy test.
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