Days Inventory is also known as Days Sales of Inventory (DSI). Alkermes's Average Total Inventories for the
three
months ended in Mar. 2024 was €177 Mil. Alkermes's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €54 Mil.
Hence, Alkermes's Days Inventory for the
three
months ended in Mar. 2024 was 298.88.
The historical rank and industry rank for Alkermes's Days Inventory or its related term are showing as below:
STU:8AK'
s Days Inventory Range Over the Past 10 Years
Min: 98.44 Med: 192.02 Max: 277.64
Current: 273.94
During the past 13 years, Alkermes's highest Days Inventory was 277.64. The lowest was 98.44. And the median was 192.02.
STU:8AK's Days Inventory is ranked worse than 81.31% of 974
companies
in the Drug Manufacturers industry
Industry Median: 158.355
vs STU:8AK: 273.94
Alkermes's Days Inventory
increased
from Mar. 2023 (288.94) to Mar. 2024 (298.88).
It might indicate that Alkermes's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Alkermes's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.31.
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.
Alkermes's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.55.
Alkermes Days Inventory Historical Data
The historical data trend for Alkermes'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 Alkermes's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Alkermes'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.
Alkermes's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Alkermes's Days Inventory distribution charts can be found below:
* The bar in red indicates where Alkermes's Days Inventory falls into.
Alkermes Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alkermes's Days Inventory for the fiscal year that 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.
Alkermes (STU:8AK) 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.
Alkermes's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Alkermes's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Alkermes Days Inventory Related Terms
Thank you for viewing the detailed overview of Alkermes's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Alkermes PLC is a fully integrated biotechnology company that applies its proprietary technologies to research, develop, and commercialize pharmaceutical products designed for unmet medical needs in therapeutic areas. The company utilizes several collaborative arrangements to develop and commercialize products and, in so doing, access technological, financial, marketing, manufacturing, and other resources. Alkermes either purchases active drug products from third parties or receives them from its third-party licensees to formulate products using its technologies.
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