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Bio Preventive Medicine (ROCO:6810) Days Inventory : 3,930.15 (As of Dec. 2023)


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What is Bio Preventive Medicine Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bio Preventive Medicine's Average Total Inventories for the six months ended in Dec. 2023 was NT$1.23 Mil. Bio Preventive Medicine's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$0.06 Mil. Hence, Bio Preventive Medicine's Days Inventory for the six months ended in Dec. 2023 was 3,930.15.

The historical rank and industry rank for Bio Preventive Medicine's Days Inventory or its related term are showing as below:

ROCO:6810' s Days Inventory Range Over the Past 10 Years
Min: 1828.98   Med: 3687.96   Max: 4064.77
Current: 3643.19

During the past 6 years, Bio Preventive Medicine's highest Days Inventory was 4064.77. The lowest was 1828.98. And the median was 3687.96.

ROCO:6810's Days Inventory is ranked worse than
97.24% of 653 companies
in the Biotechnology industry
Industry Median: 192.72 vs ROCO:6810: 3643.19

Bio Preventive Medicine's Days Inventory increased from Dec. 2022 (2,085.60) to Dec. 2023 (3,930.15). It might indicate that Bio Preventive Medicine's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bio Preventive Medicine's Inventory Turnover for the six months ended in Dec. 2023 was 0.05.

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. Bio Preventive Medicine's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.52.


Bio Preventive Medicine Days Inventory Historical Data

The historical data trend for Bio Preventive Medicine'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.

Bio Preventive Medicine Days Inventory Chart

Bio Preventive Medicine Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - 4,064.77 1,828.98 3,687.96

Bio Preventive Medicine Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,978.93 1,744.58 2,085.60 3,361.49 3,930.15

Competitive Comparison of Bio Preventive Medicine's Days Inventory

For the Biotechnology subindustry, Bio Preventive Medicine'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.


Bio Preventive Medicine's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bio Preventive Medicine's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bio Preventive Medicine's Days Inventory falls into.



Bio Preventive Medicine Days Inventory Calculation

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

Bio Preventive Medicine'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
=( (1.288 + 1.238) / 2 ) / 0.125*365
=1.263 / 0.125*365
=3,687.96

Bio Preventive Medicine'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.217 + 1.238) / 2 ) / 0.057*365 / 2
=1.2275 / 0.057*365 / 2
=3,930.15

* 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.


Bio Preventive Medicine  (ROCO:6810) 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.

Bio Preventive Medicine's Inventory Turnover for the six 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.

Bio Preventive Medicine's Inventory to Revenue for the six 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.


Bio Preventive Medicine Days Inventory Related Terms

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


Bio Preventive Medicine (ROCO:6810) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Taiyuan Street, 1 of 6th Floor, Hsinchu County, Zhubei, TWN, 30265
Bio Preventive Medicine Corp is an innovative clinical-staged biotech company, focusing on early detection and prevention of diseases specialty of those high value added molecular diagnostic product.

Bio Preventive Medicine (ROCO:6810) Headlines

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