Orthofix Medical (FRA:OM2) Change In Inventory : €-44.6 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Orthofix Medical Change In Inventory?

Orthofix Medical's change in inventory for the quarter that ended in Mar. 2024 was €-6.4 Mil. It means Orthofix Medical's inventory increased by €6.4 Mil from Dec. 2023 to Mar. 2024 .

Orthofix Medical's change in inventory for the fiscal year that ended in Dec. 2023 was €-53.2 Mil. It means Orthofix Medical's inventory increased by €53.2 Mil from Dec. 2022 to Dec. 2023 .

Orthofix Medical's Total Inventories for the quarter that ended in Mar. 2024 was €201.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orthofix Medical's Days Inventory for the quarter that ended in Mar. 2024 was 327.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orthofix Medical's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.28.

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. Orthofix Medical's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.17.

Orthofix Medical Change In Inventory Historical Data

The historical data trend for Orthofix Medical'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.

* Premium members only.

Orthofix Medical Change In Inventory Chart

Orthofix Medical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-5.14

-0.72

-9.03

-31.19

-53.23

Orthofix Medical 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															-15.67	-15.13	-14.05	-9.07	-6.38

Orthofix Medical 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 €-44.6 Mil.

Orthofix Medical (FRA:OM2) Change In Inventory Explanation

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

Orthofix Medical's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	202.638	/	56.456	*	365 / 4
	=	327.52

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.456	/	202.638
	=	0.28

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	202.638	/	173.519
	=	1.17

Orthofix Medical Change In Inventory Related Terms

Thank you for viewing the detailed overview of Orthofix Medical's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Orthofix Medical (FRA:OM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Orthofix Medical Inc (FRA:OM2) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

OFIX:USA

Address

3451 Plano Parkway, Lewisville, TX, USA, 75056

Website

https://www.orthofix.com

Orthofix Medical Inc. is a medical device company delivering orthopedic and spine solutions to healthcare providers. The company has two main segments: global spine, including bone growth and healing therapies, spinal implants, and regenerative tissue products; and global orthopedics, providing products used in fracture repair, deformity correction, and bone reconstruction procedures. The majority of the company's sales come from the global spine segment in the United States. Orthofix distributes its products throughout North America, Europe, and several countries globally. The company provides solutions to hospitals, physicians, other healthcare providers, and patients.

Orthofix Medical (FRA:OM2) Headlines

No Headlines