Sartorius AG (Sartorius AG) Change In Inventory : $201 Mil (TTM As of Mar. 2024)

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What is Sartorius AG Change In Inventory?

Sartorius AG's change in inventory for the quarter that ended in Mar. 2024 was $18 Mil. It means Sartorius AG's inventory declined by $18 Mil from Dec. 2023 to Mar. 2024 .

Sartorius AG's change in inventory for the fiscal year that ended in Dec. 2023 was $129 Mil. It means Sartorius AG's inventory declined by $129 Mil from Dec. 2022 to Dec. 2023 .

Sartorius AG's Total Inventories for the quarter that ended in Mar. 2024 was $1,117 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sartorius AG's Days Inventory for the quarter that ended in Mar. 2024 was 222.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sartorius AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.

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. Sartorius AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.26.

Sartorius AG Change In Inventory Historical Data

The historical data trend for Sartorius AG'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.

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Sartorius AG Change In Inventory Chart

Sartorius AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-85.68

-138.77

-332.66

-277.12

128.79

Sartorius AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-54.60	21.78	53.04	108.29	18.37

Sartorius AG Change In Inventory Calculation

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $201 Mil.

Sartorius AG (OTCPK:SARTF) Change In Inventory Explanation

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

Sartorius AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1123.854	/	460.327	*	365 / 4
	=	222.78

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

Sartorius AG's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	460.327	/	1123.854
	=	0.41

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.

Sartorius AG's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1123.854	/	890.87
	=	1.26

Sartorius AG Change In Inventory Related Terms

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Sartorius AG (Sartorius AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sartorius AG (OTCPK:SARTF) » Definitions » Change In Inventory

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SOAGY:USA SSSGY:USA SUVPF:USA 1SRT3:Italy SRT3d:UK 0NIR:UK SRT3:Germany SRT3:Austria

Address

Otto-Brenner-Strasse 20, Gottingen, NI, DEU, 37079

Website

https://www.sartorius.com

Sartorius AG is a leading provider of bioprocessing solutions. Its Bioprocess division sells equipment and consumables for upstream and downstream manufacturing of biologic drugs, and has a focus on single-use technology, or SUT. Its Lab Products and Services division offers a wide range of products for lab use, including scales, pipettes, and filtration equipment. As of 2022, the Bioprocess and LPS divisions contributed 80% and 20% of revenue, respectively. Bioprocess is housed in its subsidiary Sartorius Stedim Biotech, of which Sartorius AG has a 74% ownership and 85% voting control. The business is geographically diverse, with revenue across Europe, the Middle East, and Africa (37% of 2022 sales), the Americas (37%), and Asia-Pacific (26%). We estimate China revenue to be around 10%.