Days Inventory is also known as Days Sales of Inventory (DSI). Vivo Bio Tech's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹85.0 Mil. Vivo Bio Tech's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹9.8 Mil.
Hence, Vivo Bio Tech's Days Inventory for the
three
months ended in Dec. 2023 was 790.97.
The historical rank and industry rank for Vivo Bio Tech's Days Inventory or its related term are showing as below:
BOM:511509'
s Days Inventory Range Over the Past 10 Years
Min: 23.84 Med: 271.19 Max: 761.37
Current: 761.37
During the past 12 years, Vivo Bio Tech's highest Days Inventory was 761.37. The lowest was 23.84. And the median was 271.19.
BOM:511509's Days Inventory is ranked worse than 87.31% of 654
companies
in the Biotechnology industry
Industry Median: 192.63
vs BOM:511509: 761.37
Vivo Bio Tech's Days Inventory
increased
from Dec. 2022 (315.12) to Dec. 2023 (790.97).
It might indicate that Vivo Bio Tech's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Vivo Bio Tech's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.12.
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.
Vivo Bio Tech's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.66.
Vivo Bio Tech Days Inventory Historical Data
The historical data trend for Vivo Bio Tech'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.
Competitive Comparison of Vivo Bio Tech's Days Inventory
For the Biotechnology subindustry, Vivo Bio Tech'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.
Vivo Bio Tech's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Vivo Bio Tech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vivo Bio Tech's Days Inventory falls into.
Vivo Bio Tech Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vivo Bio Tech's Days Inventory for the fiscal year that ended in Mar. 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.
Vivo Bio Tech (BOM:511509) 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.
Vivo Bio Tech's Inventory Turnover for the
three
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.
Vivo Bio Tech's Inventory to Revenue for the
three
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.
Vivo Bio Tech Days Inventory Related Terms
Thank you for viewing the detailed overview of Vivo Bio Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vivo Bio Tech Ltd offers drug development and discovery services to pharmaceutical and biotech companies. The company offers services in the areas of In vitro, In vivo, toxicity studies, pharmacological investigations, pharmacokinetic and toxicokinetic studies. It offers services in the areas of pharmacology, toxicology, pathology, analytical chemistry, lab animal diagnostics, custom model generation, custom breeding, surgical models, and molecular biology.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:511509 has been successfully added to your 