EV Biologics (EV Biologics) Days Inventory : 0.70 (As of Dec. 2017)

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What is EV Biologics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EV Biologics's Average Total Inventories for the three months ended in Dec. 2017 was $0.17 Mil. EV Biologics's Cost of Goods Sold for the three months ended in Dec. 2017 was $21.82 Mil. Hence, EV Biologics's Days Inventory for the three months ended in Dec. 2017 was 0.70.

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

YECO's Days Inventory is not ranked ^*
in the Biotechnology industry.
Industry Median: 191.745
* Ranked among companies with meaningful Days Inventory only.

EV Biologics's Days Inventory declined from Jun. 2016 (12.02) to Dec. 2017 (0.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. EV Biologics's Inventory Turnover for the three months ended in Dec. 2017 was 130.66.

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. EV Biologics's Inventory-to-Revenue for the three months ended in Dec. 2017 was 0.00.

EV Biologics Days Inventory Historical Data

The historical data trend for EV Biologics'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.

EV Biologics Days Inventory Chart

EV Biologics Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Days Inventory

4.28

4.88

4.89

5.08

13.76

EV Biologics Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17	Dec17
Days Inventory	Get a 7-Day Free Trial												12.02	30.46	2.10	-	0.70

Competitive Comparison of EV Biologics's Days Inventory

For the Biotechnology subindustry, EV Biologics'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.

EV Biologics's Days Inventory Distribution in the Biotechnology Industry

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

* The bar in red indicates where EV Biologics's Days Inventory falls into.

EV Biologics Days Inventory Calculation

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

EV Biologics's Days Inventory for the fiscal year that ended in Jun. 2017 is calculated as

	Days Inventory (A: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2017 )	*	Days in Period
=	( (0.365	+	0.209)	/	2 )	/	7.611	*	365
=	0.287					/	7.611	*	365
=	13.76

EV Biologics's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

	Days Inventory (Q: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
=	( (0.209	+	0.125)	/	2 )	/	21.821	*	365 / 4
=	0.167					/	21.821	*	365 / 4
=	0.70

EV Biologics (OTCPK:YECO) 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.

EV Biologics's Inventory Turnover for the three months ended in Dec. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.821	/	0.167
	=	130.66

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.

EV Biologics's Inventory to Revenue for the three months ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.167	/	38.723
	=	0.00

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.

EV Biologics Days Inventory Related Terms

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

EV Biologics (EV Biologics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » EV Biologics Inc (OTCPK:YECO) » Definitions » Days Inventory

Comparable Companies

XCNQ:NIRV ENVB BLCM NLSP BRTX ADTX XKRX:066830 ALLR XMAD:ADL ARTL

Traded in Other Exchanges

N/A

Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.evbiologics.com

EV Biologics Inc is developing the extraordinary biological properties of extracellular vesicles (EVs) to create the next generation of diagnostic modalities and safe, effective biotherapeutics to improve outcomes of serious clinical conditions, increase natural longevity and transform lives.

Executives

Daniel S Mckinney	director, 10 percent owner, officer: CEO	TWO IFC, 19TH FLOOR, 8 FINANCE STREET, CENTRAL, HONG KONG F4 000000
Michael W Harlan	director	C/O WASTE CONNECTIONS, INC., 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3