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Bioasis Technologies (FRA:107) Inventory Turnover : 0.00 (As of Nov. 2022)


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What is Bioasis Technologies Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Bioasis Technologies's Cost of Goods Sold for the three months ended in Nov. 2022 was €0.00 Mil. Bioasis Technologies's Average Total Inventories for the quarter that ended in Nov. 2022 was €0.00 Mil.

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

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. Bioasis Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2022 was 0.00.


Bioasis Technologies Inventory Turnover Historical Data

The historical data trend for Bioasis Technologies's Inventory Turnover 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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Bioasis Technologies Inventory Turnover Chart

Bioasis Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Inventory Turnover
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Bioasis Technologies Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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Bioasis Technologies Inventory Turnover Calculation

Bioasis Technologies's Inventory Turnover for the fiscal year that ended in Feb. 2022 is calculated as

Inventory Turnover (A: Feb. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2022 ) / ((Total Inventories (A: Feb. 2021 ) + Total Inventories (A: Feb. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Bioasis Technologies's Inventory Turnover for the quarter that ended in Nov. 2022 is calculated as

Inventory Turnover (Q: Nov. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2022 ) / ((Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Nov. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Bioasis Technologies  (FRA:107) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Bioasis Technologies's Days Inventory for the three months ended in Nov. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2022 )/Cost of Goods Sold (Q: Nov. 2022 )*Days in Period
=0/0*365 / 4
=

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.

Bioasis Technologies's Inventory to Revenue for the quarter that ended in Nov. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2022 ) / Revenue (Q: Nov. 2022 )
=0 / 0.109
=0.00

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Bioasis Technologies Inventory Turnover Related Terms

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Bioasis Technologies (FRA:107) Business Description

Traded in Other Exchanges
N/A
Address
157 Church Street, 19th Floor, New Haven, CT, USA, 06510
Bioasis Technologies Inc is a development stage biopharmaceutical company. It is engaged in the research and development of products for the diagnosis and treatment of neurological diseases and disorders. The company has worked on a blood-brain barrier program and studies disorders in the brain. The company's xB3 program describes its proprietary carrier, for the delivery of therapeutics across the blood-brain barrier and the treatment of CNS disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases. The company's in-house development programs are designed to develop symptomatic and disease-modifying treatments for brain-related diseases and disorders.

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