Merck's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Merck's inventory
stayed the same
from Sep. 2023 to Dec. 2023 .
Merck's change in inventory for the fiscal year that ended in Dec. 2023 was $-816 Mil. It means Merck's inventory
increased by $816 Mil
from Dec. 2022 to Dec. 2023 .
Merck's Total Inventories for the quarter that ended in Dec. 2023 was $6,358 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Merck's Days Inventory for the quarter that ended in Dec. 2023 was 145.66.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Merck's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.
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.
Merck's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.
Merck Change In Inventory Historical Data
The historical data trend for Merck's Change In 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.
* 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.
Merck (NYSE:MRK) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Merck's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Merck's Inventory to Revenue for the quarter 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.
Merck Change In Inventory Related Terms
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Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm's immuno-oncology platform is growing as a major contributor to overall sales. The company also has a substantial vaccine business, with treatments to prevent pediatric diseases as well as human papillomavirus, or HPV. Additionally, Merck sells animal health-related drugs. From a geographical perspective, just under half of the company's sales are generated in the United States.
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