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THTX (Theratechnologies) Inventory Turnover : 0.57 (As of Feb. 2025)


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What is Theratechnologies 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. Theratechnologies's Cost of Goods Sold for the three months ended in Feb. 2025 was $3.48 Mil. Theratechnologies's Average Total Inventories for the quarter that ended in Feb. 2025 was $6.07 Mil. Theratechnologies's Inventory Turnover for the quarter that ended in Feb. 2025 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Theratechnologies's Days Inventory for the three months ended in Feb. 2025 was 159.05.

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. Theratechnologies's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 0.32.


Theratechnologies Inventory Turnover Historical Data

The historical data trend for Theratechnologies'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.

* Premium members only.

Theratechnologies Inventory Turnover Chart

Theratechnologies Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.86 1.08 1.52 3.60

Theratechnologies Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Inventory Turnover 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 0.85 0.77 0.78 1.08 0.57

Theratechnologies Inventory Turnover Calculation

Theratechnologies's Inventory Turnover for the fiscal year that ended in Nov. 2024 is calculated as

Inventory Turnover (A: Nov. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2024 ) / ((Total Inventories (A: Nov. 2023 ) + Total Inventories (A: Nov. 2024 )) / count )
=20.448 / ((6.066 + 5.281) / 2 )
=20.448 / 5.6735
=3.60

Theratechnologies's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

Inventory Turnover (Q: Feb. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2025 ) / ((Total Inventories (Q: Nov. 2024 ) + Total Inventories (Q: Feb. 2025 )) / count )
=3.483 / ((5.281 + 6.861) / 2 )
=3.483 / 6.071
=0.57

* 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.


Theratechnologies  (NAS:THTX) 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.

Theratechnologies's Days Inventory for the three months ended in Feb. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2025 )/Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=6.071/3.483*365 / 4
=159.05

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.

Theratechnologies's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2025 ) / Revenue (Q: Feb. 2025 )
=6.071 / 19.047
=0.32

* 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.


Theratechnologies Inventory Turnover Related Terms

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Theratechnologies Business Description

Traded in Other Exchanges
Address
2015, rue Peel, 11th Floor, Montreal, QC, CAN, H3A 1T8
Theratechnologies Inc is a specialty pharmaceutical company that addresses the unmet medical needs of HIV patients. It mainly operates in Canada and the United States. The company has two approved products, EGRIFTA marketed in Canada and the United States, and Trogarzo approved for commercialization in the United States. It generates revenue from one customer RxCrossroads, which is domiciled in the United States.