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Alkermes PLC (NAS:ALKS)
Change In Inventory
$3.0 Mil (As of Mar. 2015)

Alkermes PLC's change in inventory for the quarter that ended in Mar. 2015 was $3.0 Mil. It means Alkermes PLC's inventory increased by $3.0 Mil from Dec. 2014 to Mar. 2015 .

Alkermes PLC's change in inventory for the fiscal year that ended in Dec. 2014 was $-31.2 Mil. It means Alkermes PLC's inventory declined by $31.2 Mil from Mar. 2013 to Dec. 2014 .

Alkermes PLC's inventory for the quarter that ended in Mar. 2015 was $49.1 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Alkermes PLC's days inventory for the quarter that ended in Mar. 2015 was 114.70.

Inventory can be measured by Days Sales of Inventory (DSI). Alkermes PLC's days sales of inventory (DSI) for the quarter that ended in Mar. 2015 was 28.44.

Inventory turnover measures how fast the company turns over its inventory within a year. Alkermes PLC's inventory turnover for the quarter that ended in Mar. 2015 was 0.80.

Inventory to revenue ratio 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 PLC's inventory to revenue ratio for the quarter that ended in Mar. 2015 was 0.31.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

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

Alkermes PLC's Days Inventory for the quarter that ended in Mar. 2015 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=50.248/39.974*365 / 4
=114.70

2. Inventory can be measured by Days Sales of Inventory (DSI).

Alkermes PLC's Days Sales of Inventory for the quarter that ended in Mar. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=50.248/161.214*365 / 4
=28.44

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Alkermes PLC's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

4. 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 PLC's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=50.248 / 161.214
=0.31

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Alkermes PLC Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Dec14
ChangeInInventory -3.1-3.6-12.2-1.5-5.1-4.05.2-4.9-6.6-31.2

Alkermes PLC Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ChangeInInventory -4.61.2-2.2-1.5-2.6-13.7-6.01.9-13.53.0
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