Codon AG (CHIX:CNWKD) Days Inventory : 307.58 (As of Jun. 2022)

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What is Codon AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Codon AG's Average Total Inventories for the six months ended in Jun. 2022 was €0.65 Mil. Codon AG's Cost of Goods Sold for the six months ended in Jun. 2022 was €0.38 Mil. Hence, Codon AG's Days Inventory for the six months ended in Jun. 2022 was 307.58.

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

CHIX:CNWKd's Days Inventory is not ranked ^*
in the Biotechnology industry.
Industry Median: 190.92
* Ranked among companies with meaningful Days Inventory only.

Codon AG's Days Inventory increased from Jun. 2021 (236.25) to Jun. 2022 (307.58). It might indicate that Codon AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Codon AG's Inventory Turnover for the six months ended in Jun. 2022 was 0.59.

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. Codon AG's Inventory-to-Revenue for the six months ended in Jun. 2022 was 0.20.

Codon AG Days Inventory Historical Data

The historical data trend for Codon AG'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.

Codon AG Days Inventory Chart

Codon AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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88.76

122.46

211.11

204.00

338.93

Codon AG Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Inventory	Get a 7-Day Free Trial															183.79	308.82	236.25	528.60	307.58

Competitive Comparison of Codon AG's Days Inventory

For the Biotechnology subindustry, Codon AG'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.

Codon AG's Days Inventory Distribution in the Biotechnology Industry

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

* The bar in red indicates where Codon AG's Days Inventory falls into.

Codon AG Days Inventory Calculation

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

Codon AG's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.384	+	0.63)	/	2 )	/	0.546	*	365
=	0.507					/	0.546	*	365
=	338.93

Codon AG's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.63	+	0.661)	/	2 )	/	0.383	*	365 / 2
=	0.6455					/	0.383	*	365 / 2
=	307.58

Codon AG (CHIX:CNWKd) 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.

Codon AG's Inventory Turnover for the six months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.383	/	0.6455
	=	0.59

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.

Codon AG's Inventory to Revenue for the six months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.6455	/	3.258
	=	0.20

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.

Codon AG Days Inventory Related Terms

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

Codon AG (CHIX:CNWKD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Codon AG (CHIX:CNWKd) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Warthestrasse 21, Teltow, DEU, 14513

Website

http://www.codon.de

Codon AG develops, produces and distributes autologous cell therapies for the minimally invasive repair of cartilage defects. The product being marketed is a cell therapy product for the minimally invasive treatment of cartilage damage in the knee joint that uses only the patient's own cartilage cells (autologous chondrocytes). CODON's method is currently used in over 200 clinics in Germany and more than 14,000 patients have already been treated.

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