The historical rank and industry rank for Pressure BioSciences's Days Inventory or its related term are showing as below:
PBIO'
s Days Inventory Range Over the Past 10 Years
Min: 129.72 Med: 358.2 Max: 566.08
Current: 129.72
During the past 13 years, Pressure BioSciences's highest Days Inventory was 566.08. The lowest was 129.72. And the median was 358.20.
PBIO's Days Inventory is ranked better than 72.33% of 777
companies
in the Medical Devices & Instruments industry
Industry Median: 190.88
vs PBIO: 129.72
Pressure BioSciences's Days Inventory
declined
from Sep. 2022 (993.25) to Sep. 2023 (203.42).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Pressure BioSciences's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.45.
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.
Pressure BioSciences's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 1.24.
Pressure BioSciences Days Inventory Historical Data
The historical data trend for Pressure BioSciences'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 Pressure BioSciences's Days Inventory
For the Medical Devices subindustry, Pressure BioSciences'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.
Pressure BioSciences's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Pressure BioSciences's Days Inventory distribution charts can be found below:
* The bar in red indicates where Pressure BioSciences's Days Inventory falls into.
Pressure BioSciences Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Pressure BioSciences's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Pressure BioSciences (OTCPK:PBIO) 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.
Pressure BioSciences's Inventory Turnover for the
three
months ended in Sep. 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.
Pressure BioSciences's Inventory to Revenue for the
three
months ended in Sep. 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.
Pressure BioSciences Days Inventory Related Terms
Thank you for viewing the detailed overview of Pressure BioSciences's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Pressure BioSciences (Pressure BioSciences) Business Description
Pressure BioSciences Inc is engaged in the healthcare division. The firm is a leader in the development & sale of innovative, enabling, pressure-based platform solutions for the worldwide life sciences industry. The company has developed and patented a technology platform that can control the sample preparation process. This process, called pressure cycling technology (PCT), uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels. The company is also the distributor of the Constant Systems (CS) cell disruption equipment, parts, and consumables. Its products include Barocyclers, External Pressure Calibration Device Kits, MicroTubes, HUB High-Pressure Generators, and Accessories.
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