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InnovotechTSXV:IOT Days Inventory is 35.05 as of Mar. 2026, which is 5% below its 10-year median of 36.80. The stock has 4 warning signs investors should review. Among 638 Biotechnology companies, Innovotech ranks better than 91.69% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Innovotech's Average Total Inventories for the
three
months ended in Mar. 2026 was C$0.19 Mil. Innovotech's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$0.49 Mil.
Hence, Innovotech's Days Inventory for the
three
months ended in Mar. 2026 was 35.05.
The historical rank and industry rank for Innovotech's Days Inventory or its related term are showing as below:
TSXV:IOT'
s Days Inventory Range Over the Past 10 Years
Min: 26.72 Med: 36.8 Max: 55.33
Current: 28.91
During the past 13 years, Innovotech's highest Days Inventory was 55.33. The lowest was 26.72. And the median was 36.80.
TSXV:IOT's Days Inventory is ranked better than 91.69% of 638
companies
in the Biotechnology industry
Industry Median: 183.195
vs TSXV:IOT: 28.91
Innovotech's Days Inventory
increased
from Mar. 2025 (22.60) to Mar. 2026 (35.05).
It might indicate that Innovotech's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Innovotech's Inventory Turnover for the
three
months ended in Mar. 2026 was 2.60.
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.
Innovotech's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.29.
Innovotech (TSXV:IOT) 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.
Innovotech's Inventory Turnover for the
three
months ended in Mar. 2026 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.
Innovotech's Inventory to Revenue for the
three
months ended in Mar. 2026 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.
Innovotech Days Inventory Related Terms
Innovotech Days Inventory Historical Data
* Premium members only.
The historical data trend for Innovotech'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.
TSXV:IOT vs VRTX, REGN, ALNY: Days Inventory Comparison
For the Biotechnology subindustry, Innovotech'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.
Innovotech Days Inventory vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Innovotech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Innovotech'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.
Innovotech (TSXV:IOT) has a Days Inventory of 35.05 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Innovotech and its competitors. This is near median its historical median of 36.80. Over the past decade, Innovotech's Days Inventory has ranged from 26.72 to 55.33. According to the industry distribution chart, Innovotech ranks #53 out of 638 companies in the Biotechnology industry, placing it in the top 8.3%.
Is Innovotech's Days Inventory too high?
Innovotech's current Days Inventory of 35.05 is near median its 10-year median of 36.80. Over the past 10 years, this metric has ranged from a low of 26.72 to a high of 55.33. The Biotechnology industry median Days Inventory is 183.20. Innovotech's value of 35.05 is 80.9% below this industry median. Based on the distribution chart, Innovotech ranks #53 out of 638 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers.
How does Innovotech's Days Inventory compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Innovotech ranks #53 out of 638 companies for Days Inventory. This places Innovotech in the top 8% of its industry — outperforming the majority of peers. The industry median Days Inventory is 183.20. Innovotech's value of 35.05 is 80.9% below this benchmark. Historically, Innovotech's own Days Inventory has ranged from 26.72 to 55.33 over the past decade. While the company's 10-year median is 36.80 vs. the industry median of 183.20, Innovotech has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Biotechnology company?
The median Days Inventory among Biotechnology companies is 183.20, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovotech's current Days Inventory of 35.05 is 80.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Innovotech and its competitors. For the Biotechnology industry, the median Days Inventory is 183.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovotech's current Days Inventory is 35.05, which is near median its own 10-year median of 36.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovotech stock overvalued right now?
Based on GuruFocus' analysis, Innovotech (TSXV:IOT) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.27, compared to a current price of C$0.09 — trading 66.7% below its estimated fair value. The current Days Inventory is 35.05, which is near median its 10-year median of 36.80 and 80.9% below the Biotechnology industry median of 183.20. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Innovotech (TSXV:IOT), the current Days Inventory is 35.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Innovotech Inc is a Canada-based company that provides solutions to clients' biofilm problems through its biofilm contract research department. The core activities of the company are sales of its products, conducting contract research for outside customers, and research and development to identify products for future commercialization. The operating segments of the company include Innovotech and Keystone. Geographically, the firm has a business presence in the United States, Canada, and International, with the majority of the revenue derived from the United States.
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