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BioHarvest Sciences (XCNQ:BHSC) Days Inventory : 93.39 (As of Dec. 2023)


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What is BioHarvest Sciences Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BioHarvest Sciences's Average Total Inventories for the three months ended in Dec. 2023 was C$3.06 Mil. BioHarvest Sciences's Cost of Goods Sold for the three months ended in Dec. 2023 was C$2.99 Mil. Hence, BioHarvest Sciences's Days Inventory for the three months ended in Dec. 2023 was 93.39.

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

XCNQ:BHSC' s Days Inventory Range Over the Past 10 Years
Min: 96.07   Med: 115.57   Max: 141.58
Current: 131.7

During the past 10 years, BioHarvest Sciences's highest Days Inventory was 141.58. The lowest was 96.07. And the median was 115.57.

XCNQ:BHSC's Days Inventory is ranked worse than
72.55% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs XCNQ:BHSC: 131.70

BioHarvest Sciences's Days Inventory declined from Sep. 2022 (105.91) to Dec. 2023 (93.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. BioHarvest Sciences's Inventory Turnover for the three months ended in Dec. 2023 was 0.98.

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. BioHarvest Sciences's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.


BioHarvest Sciences Days Inventory Historical Data

The historical data trend for BioHarvest 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.

* Premium members only.

BioHarvest Sciences Days Inventory Chart

BioHarvest Sciences Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 141.58 131.03 96.07 100.10

BioHarvest Sciences Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.91 72.66 107.35 100.37 93.39

Competitive Comparison of BioHarvest Sciences's Days Inventory

For the Packaged Foods subindustry, BioHarvest 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.


BioHarvest Sciences's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BioHarvest Sciences's Days Inventory distribution charts can be found below:

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



BioHarvest Sciences Days Inventory Calculation

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

BioHarvest 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
=( (1.872 + 3.308) / 2 ) / 9.444*365
=2.59 / 9.444*365
=100.10

BioHarvest 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
=( (2.808 + 3.308) / 2 ) / 2.988*365 / 4
=3.058 / 2.988*365 / 4
=93.39

* 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.


BioHarvest Sciences  (XCNQ:BHSC) 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.

BioHarvest Sciences's Inventory Turnover for the three months ended in Dec. 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.

BioHarvest Sciences's Inventory to Revenue for the three months ended in Dec. 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.


BioHarvest Sciences Days Inventory Related Terms

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


BioHarvest Sciences (XCNQ:BHSC) Business Description

Traded in Other Exchanges
Address
1140-625 Howe Street, Vancouver, BC, CAN, V6C 2T6
BioHarvest Sciences Inc is the developer and owner of the patented bio-cell growth platform farming technology. This company is the industrial large-scale plant cell growth technology capable of directly and constantly producing active plant ingredients without the necessity to grow the plant itself. The company is focused on leveraging its botanical synthesis technology to develop the next generation of science-based and clinical therapeutic solutions, within two business verticals - nutraceutical health and wellness products such as dietary supplements, and the development of plant cell-based Active Pharmaceutical Ingredients (APIs) that focus on specific medical indications.

BioHarvest Sciences (XCNQ:BHSC) Headlines

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