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Fractyl Health (Fractyl Health) Days Inventory : 3,399.06 (As of Dec. 2023)


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What is Fractyl Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fractyl Health's Average Total Inventories for the three months ended in Dec. 2023 was $0.07 Mil. Fractyl Health's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Hence, Fractyl Health's Days Inventory for the three months ended in Dec. 2023 was 3,399.06.

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

GUTS' s Days Inventory Range Over the Past 10 Years
Min: 346.04   Med: 346.04   Max: 1000.37
Current: 1000.37

During the past 5 years, Fractyl Health's highest Days Inventory was 1000.37. The lowest was 346.04. And the median was 346.04.

GUTS's Days Inventory is ranked worse than
90.46% of 650 companies
in the Biotechnology industry
Industry Median: 190.305 vs GUTS: 1000.37

Fractyl Health's Days Inventory increased from Sep. 2022 (0.00) to Dec. 2023 (3,399.06). It might indicate that Fractyl Health'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. Fractyl Health's Inventory Turnover for the three months ended in Dec. 2023 was 0.03.

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. Fractyl Health's Inventory-to-Revenue for the three months ended in Dec. 2023 was 10.64.

Fractyl Health Days Inventory Historical Data

The historical data trend for Fractyl Health'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.

Fractyl Health Days Inventory Chart

Fractyl Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - - 346.04

Fractyl Health Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 271.93 3,399.06

Competitive Comparison of Fractyl Health's Days Inventory

For the Biotechnology subindustry, Fractyl Health'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.

Fractyl Health's Days Inventory Distribution in the Biotechnology Industry

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

* The bar in red indicates where Fractyl Health's Days Inventory falls into.


Fractyl Health Days Inventory Calculation

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

Fractyl Health'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 + 0.073) / 1 ) / 0.077*365
=0.073 / 0.077*365
=346.04

Fractyl Health'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.076 + 0.073) / 2 ) / 0.002*365 / 4
=0.0745 / 0.002*365 / 4
=3,399.06

* 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.

Fractyl Health  (NAS:GUTS) 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.

Fractyl Health's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.002 / 0.0745
=0.03

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.

Fractyl Health's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0745 / 0.007
=10.64

* 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.

Fractyl Health Days Inventory Related Terms

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

Fractyl Health (Fractyl Health) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Fractyl Health Inc (NAS:GUTS) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
17 Hartwell Avenue, Lexington, MA, USA, 02421
Website
https://www.fractyl.com
Fractyl Health Inc is a metabolic therapeutics company focused on pioneering new approaches to the treatment of metabolic diseases, including type 2 diabetes and obesity.