ZYUS Life Sciences (TSXV:ZYUS) Days Inventory : 7,813.61 (As of Dec. 2023)

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What is ZYUS Life Sciences Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ZYUS Life Sciences's Average Total Inventories for the three months ended in Dec. 2023 was C$3.00 Mil. ZYUS Life Sciences's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.04 Mil. Hence, ZYUS Life Sciences's Days Inventory for the three months ended in Dec. 2023 was 7,813.61.

The historical rank and industry rank for ZYUS Life Sciences's Days Inventory or its related term are showing as below:

TSXV:ZYUS' s Days Inventory Range Over the Past 10 Years
Min: 2893.83 Med: 4612.28 Max: 7465.06
Current: 7465.06

During the past 3 years, ZYUS Life Sciences's highest Days Inventory was 7465.06. The lowest was 2893.83. And the median was 4612.28.

TSXV:ZYUS's Days Inventory is ranked worse than
99.69% of 971 companies
in the Drug Manufacturers industry
Industry Median: 159.35 vs TSXV:ZYUS: 7465.06

ZYUS Life Sciences's Days Inventory increased from Dec. 2022 (3,617.29) to Dec. 2023 (7,813.61). It might indicate that ZYUS Life Sciences'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. ZYUS Life Sciences's Inventory Turnover for the three months ended in Dec. 2023 was 0.01.

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. ZYUS Life Sciences's Inventory-to-Revenue for the three months ended in Dec. 2023 was 30.90.

ZYUS Life Sciences Days Inventory Historical Data

The historical data trend for ZYUS Life Sciences'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.

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ZYUS Life Sciences Days Inventory Chart

ZYUS Life Sciences Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

2,893.83

6,330.72

ZYUS Life Sciences Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial				3,617.29	13,604.40	11,352.33	4,353.93	7,813.61

Competitive Comparison of ZYUS Life Sciences's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, ZYUS Life Sciences'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.

ZYUS Life Sciences's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, ZYUS Life Sciences's Days Inventory distribution charts can be found below:

* The bar in red indicates where ZYUS Life Sciences's Days Inventory falls into.

ZYUS Life Sciences Days Inventory Calculation

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

ZYUS Life Sciences'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
=	( (4.202	+	2.042)	/	2 )	/	0.18	*	365
=	3.122					/	0.18	*	365
=	6,330.72

ZYUS Life Sciences'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
=	( (3.952	+	2.042)	/	2 )	/	0.035	*	365 / 4
=	2.997					/	0.035	*	365 / 4
=	7,813.61

ZYUS Life Sciences (TSXV:ZYUS) 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.

ZYUS Life Sciences's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.035	/	2.997
	=	0.01

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.

ZYUS Life Sciences's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.997	/	0.097
	=	30.90

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.

ZYUS Life Sciences Days Inventory Related Terms

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

ZYUS Life Sciences (TSXV:ZYUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » ZYUS Life Sciences Corp (TSXV:ZYUS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ZLSCF:USA

Address

407 Downey Road, Unit 204, Saskatoon, SK, CAN, S7N 4L8

Website

https://www.zyus.com

ZYUS Life Sciences Corp is a next-generation life sciences company engaged in scientific research and development in phyto-therapeutics, including cannabinoid and protein-based formulations. It is committed to delivering high-quality standardized therapeutic formulations that comply with Good Manufacturing Practices (GMP) to provide targeted relief for patients in Canada and globally.

Executives

John Michael Hyshka

Senior Officer

ZYUS Life Sciences (TSXV:ZYUS) Headlines

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