Ondine Biomedical (LSE:OBI) Days Inventory : 1,243.61 (As of Jun. 2023)

Ondine Biomedical Days Inventory Chart

Ondine Biomedical Annual Data
	Trend	Dec07	Dec08	Dec09	Dec10	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Inventory		Get a 7-Day Free Trial					443.12	566.71	139.28	202.83	1,203.81

Ondine Biomedical Semi-Annual Data
	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															134.46	549.30	1,683.87	998.57	1,243.61

Competitive Comparison of Ondine Biomedical's Days Inventory

For the Biotechnology subindustry, Ondine Biomedical'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.

Ondine Biomedical's Days Inventory Distribution in the Biotechnology Industry

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

* The bar in red indicates where Ondine Biomedical's Days Inventory falls into.

Ondine Biomedical Days Inventory Calculation

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

Ondine Biomedical's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Ondine Biomedical's Days Inventory for the quarter that ended in Jun. 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.

Ondine Biomedical  (LSE:OBI) 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.

Ondine Biomedical's Inventory Turnover for the six months ended in Jun. 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.

Ondine Biomedical's Inventory to Revenue for the six months ended in Jun. 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.

Ondine Biomedical Days Inventory Related Terms

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Ondine Biomedical (LSE:OBI) Business Description