Iovance Biotherapeutics (FRA:2LB) Days Inventory : 175.66 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Iovance Biotherapeutics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Iovance Biotherapeutics's Average Total Inventories for the three months ended in Mar. 2024 was €12.86 Mil. Iovance Biotherapeutics's Cost of Goods Sold for the three months ended in Mar. 2024 was €6.68 Mil. Hence, Iovance Biotherapeutics's Days Inventory for the three months ended in Mar. 2024 was 175.66.

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

FRA:2LB' s Days Inventory Range Over the Past 10 Years
Min: 237.57 Med: 352 Max: 352
Current: 237.57

During the past 13 years, Iovance Biotherapeutics's highest Days Inventory was 352.00. The lowest was 237.57. And the median was 352.00.

FRA:2LB's Days Inventory is ranked worse than
57.73% of 653 companies
in the Biotechnology industry
Industry Median: 193.86 vs FRA:2LB: 237.57

Iovance Biotherapeutics's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (175.66). It might indicate that Iovance Biotherapeutics'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. Iovance Biotherapeutics's Inventory Turnover for the three months ended in Mar. 2024 was 0.52.

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. Iovance Biotherapeutics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 19.54.

Iovance Biotherapeutics Days Inventory Historical Data

The historical data trend for Iovance Biotherapeutics'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.

Iovance Biotherapeutics Days Inventory Chart

Iovance Biotherapeutics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

352.01

Iovance Biotherapeutics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	432.71	197.36	206.61	175.66

Competitive Comparison of Iovance Biotherapeutics's Days Inventory

For the Biotechnology subindustry, Iovance Biotherapeutics'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.

Iovance Biotherapeutics's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Iovance Biotherapeutics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Iovance Biotherapeutics's Days Inventory falls into.

Iovance Biotherapeutics Days Inventory Calculation

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

Iovance Biotherapeutics'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
=	( (0	+	9.511)	/	1 )	/	9.862	*	365
=	9.511					/	9.862	*	365
=	352.01

Iovance Biotherapeutics's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (9.511	+	16.208)	/	2 )	/	6.68	*	365 / 4
=	12.8595					/	6.68	*	365 / 4
=	175.66

Iovance Biotherapeutics (FRA:2LB) 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.

Iovance Biotherapeutics's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.68	/	12.8595
	=	0.52

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.

Iovance Biotherapeutics's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.8595	/	0.658
	=	19.54

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.

Iovance Biotherapeutics Days Inventory Related Terms

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

Iovance Biotherapeutics (FRA:2LB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Iovance Biotherapeutics Inc (FRA:2LB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IOVA:USA

Address

825 Industrial Road, Suite 400, San Carlos, CA, USA, 94070

Website

https://www.iovance.com

Iovance Biotherapeutics Inc is a clinical-stage biopharmaceutical company, pioneering a transformational approach to treating cancer by harnessing the human immune system's ability to recognize and destroy diverse cancer cells using therapies personalized for each patient. The company is preparing for potential U.S. regulatory approval and commercialization of the first autologous T-cell therapy to address a solid tumor cancer. its objective is to be the leader in innovating, developing, and delivering tumor-infiltrating lymphocyte, or TIL, therapies for patients with solid tumor cancers.

Iovance Biotherapeutics (FRA:2LB) Headlines

No Headlines