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Access Bio (XKRX:950130) Days Inventory : 137.17 (As of Sep. 2024)


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What is Access Bio Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Access Bio's Average Total Inventories for the three months ended in Sep. 2024 was ₩26,375 Mil. Access Bio's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩17,545 Mil. Hence, Access Bio's Days Inventory for the three months ended in Sep. 2024 was 137.17.

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

XKRX:950130' s Days Inventory Range Over the Past 10 Years
Min: 109.78   Med: 151.04   Max: 211.95
Current: 139.29

During the past 12 years, Access Bio's highest Days Inventory was 211.95. The lowest was 109.78. And the median was 151.04.

XKRX:950130's Days Inventory is ranked worse than
78.26% of 184 companies
in the Medical Diagnostics & Research industry
Industry Median: 65.655 vs XKRX:950130: 139.29

Access Bio's Days Inventory declined from Sep. 2023 (436.06) to Sep. 2024 (137.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Access Bio's Inventory Turnover for the three months ended in Sep. 2024 was 0.67.

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. Access Bio's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.22.


Access Bio Days Inventory Historical Data

The historical data trend for Access Bio'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.

* Premium members only.

Access Bio Days Inventory Chart

Access Bio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.78 211.95 138.39 143.76 149.77

Access Bio Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 436.06 96.86 163.08 206.97 137.17

Competitive Comparison of Access Bio's Days Inventory

For the Diagnostics & Research subindustry, Access Bio'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.


Access Bio's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Access Bio's Days Inventory distribution charts can be found below:

* The bar in red indicates where Access Bio's Days Inventory falls into.



Access Bio Days Inventory Calculation

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

Access Bio's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (114170.312 + 32224.32) / 2 ) / 178381.142*365
=73197.316 / 178381.142*365
=149.77

Access Bio's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (28427.241 + 24322.668) / 2 ) / 17545.327*365 / 4
=26374.9545 / 17545.327*365 / 4
=137.17

* 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.


Access Bio  (XKRX:950130) 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.

Access Bio's Inventory Turnover for the three months ended in Sep. 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.

Access Bio's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=26374.9545 / 21697.686
=1.22

* 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.


Access Bio Days Inventory Related Terms

Thank you for viewing the detailed overview of Access Bio's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Access Bio Business Description

Traded in Other Exchanges
N/A
Address
65 Clyde Road, Suite A, Somerset, NJ, USA, 08873
Access Bio Inc is a United States based bio company engaged in the research, development, and manufacturing of in vitro rapid diagnostic tests, biosensor, and molecular diagnostic products. The products are for the prevention and early diagnosis of infectious diseases. The company's core in vitro-diagnostic technology includes immunochemical, biochemical and molecular products. The company offers products for Rapid Diagnostic Tests including CareStart G6PD RDT, CareStart Malaria, CareStart Dengue Combo, and CareStart Scrub Typhus IgM; Biosensors product includes CareStart G6PD Biosensor, and Molecular Diagnostics products include CareStart HPV and CareStart CAH.

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