MDXXF (Pharmala Biotech Holdings) Inventory Turnover : 0.00 (As of Nov. 2024)

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What is Pharmala Biotech Holdings 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. Pharmala Biotech Holdings's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.00 Mil. Pharmala Biotech Holdings's Average Total Inventories for the quarter that ended in Nov. 2024 was $0.26 Mil. Pharmala Biotech Holdings's Inventory Turnover for the quarter that ended in Nov. 2024 was 0.00.

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. Pharmala Biotech Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 6.24.

Pharmala Biotech Holdings Inventory Turnover Historical Data

The historical data trend for Pharmala Biotech Holdings'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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Pharmala Biotech Holdings Inventory Turnover Chart

Pharmala Biotech Holdings Annual Data

Trend

Aug21

Aug22

Aug23

Aug24

Inventory Turnover

0.01

0.64

0.62

Pharmala Biotech Holdings Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	Aug24	Nov24
Inventory Turnover	Get a 7-Day Free Trial									0.46	4.35	-	-	-

Pharmala Biotech Holdings Inventory Turnover Calculation

Pharmala Biotech Holdings's Inventory Turnover for the fiscal year that ended in Aug. 2024 is calculated as

	Inventory Turnover (A: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2024 )	/ (	(Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )
=	0.108	/ (	(0.091	+	0.259)	/	2 )
=	0.108	/	0.175
=	0.62

Pharmala Biotech Holdings's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

	Inventory Turnover (Q: Nov. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2024 )	/ (	(Total Inventories (Q: Aug. 2024 )	+	Total Inventories (Q: Nov. 2024 ))	/	count )
=	0	/ (	(0.259	+	0.253)	/	2 )
=	0	/	0.256
=	0.00

Pharmala Biotech Holdings (OTCPK:MDXXF) 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.

Pharmala Biotech Holdings's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2024 )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
	=	0.256	/	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.

Pharmala Biotech Holdings's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2024 )	/	Revenue (Q: Nov. 2024 )
	=	0.256	/	0.041
	=	6.24

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.

Pharmala Biotech Holdings Inventory Turnover Related Terms

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Pharmala Biotech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Pharmala Biotech Holdings Inc (OTCPK:MDXXF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MDMA:Canada

Address

1 Adelaide Street East, Suite 801, Toranto, ON, CAN, M5C 2V9

Website

https://www.pharmala.ca

Pharmala Biotech Holdings Inc is focused on manufacturing and sales of MDMA and MDXX Active Pharmaceutical Ingredients (API) for use in clinical research. Its drug API is manufactured and encapsulated under GMP conditions. The company generates revenue from the sale of tablets and raw MDMA and MDXX compounds/formulations and royalties from licensing of its IP.