Days Inventory is also known as Days Sales of Inventory (DSI). Lonza Group's Average Total Inventories for the
six
months ended in Dec. 2023 was $1,989 Mil. Lonza Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $3,237 Mil.
Hence, Lonza Group's Days Inventory for the
six
months ended in Dec. 2023 was 112.17.
The historical rank and industry rank for Lonza Group's Days Inventory or its related term are showing as below:
LZAGY'
s Days Inventory Range Over the Past 10 Years
Min: 117 Med: 130.55 Max: 197.29
Current: 136.13
During the past 13 years, Lonza Group's highest Days Inventory was 197.29. The lowest was 117.00. And the median was 130.55.
LZAGY's Days Inventory is ranked worse than 72.92% of 192
companies
in the Medical Diagnostics & Research industry
Industry Median: 65.03
vs LZAGY: 136.13
Lonza Group's Days Inventory
declined
from Dec. 2022 (166.07) to Dec. 2023 (112.17).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lonza Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.63.
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.
Lonza Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.47.
Lonza Group Days Inventory Historical Data
The historical data trend for Lonza Group'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 Lonza Group's Days Inventory
For the Diagnostics & Research subindustry, Lonza Group'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.
Lonza Group's Days Inventory Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Lonza Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lonza Group's Days Inventory falls into.
Lonza Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lonza Group'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.
Lonza Group (OTCPK:LZAGY) 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.
Lonza Group'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.
Lonza Group'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.
Lonza Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Lonza Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lonza Group is a contract development and manufacturing organization, or CDMO. It operates under four segments: small molecules, biologics, cell & gene, and capsules & health ingredients. Lonza derives its revenue primarily from long-term supply agreements with pharmaceutical customers. The company provides a range of development and manufacturing services throughout the entire lifecycle of a product from drug research to commercial supply. The majority of Lonza's customers are pharmaceutical and biotechnology companies, academic institutions, and government research organizations.
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