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Hikma Pharmaceuticals (LSE:HIK) Days Inventory : 206.84 (As of Dec. 2023)


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What is Hikma Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hikma Pharmaceuticals's Average Total Inventories for the six months ended in Dec. 2023 was £692 Mil. Hikma Pharmaceuticals's Cost of Goods Sold for the six months ended in Dec. 2023 was £611 Mil. Hence, Hikma Pharmaceuticals's Days Inventory for the six months ended in Dec. 2023 was 206.84.

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

LSE:HIK' s Days Inventory Range Over the Past 10 Years
Min: 126.52   Med: 183.27   Max: 214.44
Current: 209.38

During the past 13 years, Hikma Pharmaceuticals's highest Days Inventory was 214.44. The lowest was 126.52. And the median was 183.27.

LSE:HIK's Days Inventory is ranked worse than
69.17% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs LSE:HIK: 209.38

Hikma Pharmaceuticals's Days Inventory increased from Dec. 2022 (206.57) to Dec. 2023 (206.84). It might indicate that Hikma Pharmaceuticals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hikma Pharmaceuticals's Inventory Turnover for the six months ended in Dec. 2023 was 0.88.

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. Hikma Pharmaceuticals's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.61.


Hikma Pharmaceuticals Days Inventory Historical Data

The historical data trend for Hikma Pharmaceuticals'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.

Hikma Pharmaceuticals Days Inventory Chart

Hikma Pharmaceuticals 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 181.80 214.44 210.48 201.56 208.61

Hikma Pharmaceuticals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 194.93 213.52 206.57 213.18 206.84

Competitive Comparison of Hikma Pharmaceuticals's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Hikma Pharmaceuticals'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.


Hikma Pharmaceuticals's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hikma Pharmaceuticals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hikma Pharmaceuticals's Days Inventory falls into.



Hikma Pharmaceuticals Days Inventory Calculation

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

Hikma Pharmaceuticals'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
=( (637.096 + 703.89) / 2 ) / 1173.15*365
=670.493 / 1173.15*365
=208.61

Hikma Pharmaceuticals's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (680.328 + 703.89) / 2 ) / 610.67*365 / 2
=692.109 / 610.67*365 / 2
=206.84

* 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.


Hikma Pharmaceuticals  (LSE:HIK) 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.

Hikma Pharmaceuticals's Inventory Turnover for the six months ended in Dec. 2023 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.

Hikma Pharmaceuticals's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


Hikma Pharmaceuticals Days Inventory Related Terms

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


Hikma Pharmaceuticals (LSE:HIK) Business Description

Traded in Other Exchanges
Address
1 New Burlington Place, London, GBR, W1S 2HR
Hikma Pharmaceuticals PLC is engaged in the development, manufacture, and marketing of a broad range of generic, branded, and in-licensed pharmaceutical products. The firm operates in three segments: injectables, generics, and branded. The majority of the company's sales are based in the U.S. and to a lesser degree in the Middle East, North Africa, and Europe.

Hikma Pharmaceuticals (LSE:HIK) Headlines

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