Nextbiomedical Co (XKRX:389650) Days Inventory : 267.39 (As of Dec. 2024)

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What is Nextbiomedical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nextbiomedical Co's Average Total Inventories for the three months ended in Dec. 2024 was ₩2,671 Mil. Nextbiomedical Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩912 Mil. Hence, Nextbiomedical Co's Days Inventory for the three months ended in Dec. 2024 was 267.39.

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

XKRX:389650' s Days Inventory Range Over the Past 10 Years
Min: 207.4 Med: 236.5 Max: 342.13
Current: 342.13

During the past 5 years, Nextbiomedical Co's highest Days Inventory was 342.13. The lowest was 207.40. And the median was 236.50.

XKRX:389650's Days Inventory is ranked worse than
74.65% of 643 companies
in the Biotechnology industry
Industry Median: 182.54 vs XKRX:389650: 342.13

Nextbiomedical Co's Days Inventory increased from Sep. 2023 (0.00) to Dec. 2024 (267.39). It might indicate that Nextbiomedical 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. Nextbiomedical Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.34.

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. Nextbiomedical Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.20.

Nextbiomedical Co Days Inventory Historical Data

The historical data trend for Nextbiomedical 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.

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Nextbiomedical Co Days Inventory Chart

Nextbiomedical Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

301.90

207.40

236.50

270.38

233.02

Nextbiomedical Co Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial				-	210.11	230.92	290.16	267.39

Competitive Comparison of Nextbiomedical Co's Days Inventory

For the Biotechnology subindustry, Nextbiomedical 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.

Nextbiomedical Co's Days Inventory Distribution in the Biotechnology Industry

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

* The bar in red indicates where Nextbiomedical Co's Days Inventory falls into.

Nextbiomedical Co Days Inventory Calculation

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

Nextbiomedical Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (2168.979	+	2581.095)	/	2 )	/	3720.252	*	365
=	2375.037					/	3720.252	*	365
=	233.02

Nextbiomedical Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2761.8	+	2581.095)	/	2 )	/	911.675	*	365 / 4
=	2671.4475					/	911.675	*	365 / 4
=	267.39

Nextbiomedical Co (XKRX:389650) 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.

Nextbiomedical Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	911.675	/	2671.4475
	=	0.34

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.

Nextbiomedical Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2671.4475	/	2226.923
	=	1.20

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.

Nextbiomedical Co Days Inventory Related Terms

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Nextbiomedical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Nextbiomedical Co Ltd (XKRX:389650) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Venture-ro, No. 6, 100 beongil, Yeonsu-gu, Incheon, KOR

Website

https://www.nextbiomedical.co.kr/kr

Nextbiomedical Co Ltd is an bio-solution company. The company develops and commercializes therapeutic agents for treating diseases based on polymer and drug delivery system technology. The company has developed products that include endoscopic hemostatic agents, vascular embolic microspheres, and others.

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