Staar Surgical Co (FRA:SR3) Change In Inventory : €-13.4 Mil (TTM As of Mar. 2024)

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What is Staar Surgical Co Change In Inventory?

Staar Surgical Co's change in inventory for the quarter that ended in Mar. 2024 was €-3.7 Mil. It means Staar Surgical Co's inventory increased by €3.7 Mil from Dec. 2023 to Mar. 2024 .

Staar Surgical Co's change in inventory for the fiscal year that ended in Dec. 2023 was €-13.2 Mil. It means Staar Surgical Co's inventory increased by €13.2 Mil from Dec. 2022 to Dec. 2023 .

Staar Surgical Co's Total Inventories for the quarter that ended in Mar. 2024 was €35.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Staar Surgical Co's Days Inventory for the quarter that ended in Mar. 2024 was 205.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Staar Surgical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.

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. Staar Surgical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

Staar Surgical Co Change In Inventory Historical Data

The historical data trend for Staar Surgical Co'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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Staar Surgical Co Change In Inventory Chart

Staar Surgical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.86

-1.14

0.06

-7.50

-13.17

Staar Surgical Co 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															-3.66	-0.43	-5.24	-4.02	-3.68

Staar Surgical Co 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 €-13.4 Mil.

Staar Surgical Co (FRA:SR3) Change In Inventory Explanation

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

Staar Surgical Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	33.8545	/	15.016	*	365 / 4
	=	205.73

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

Staar Surgical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15.016	/	33.8545
	=	0.44

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.

Staar Surgical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	33.8545	/	71.168
	=	0.48

Staar Surgical Co Change In Inventory Related Terms

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Staar Surgical Co (FRA:SR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Staar Surgical Co (FRA:SR3) » Definitions » Change In Inventory

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Traded in Other Exchanges

STAA:USA SR3:Germany

Address

25651 Atlantic Ocean Drive, Lake Forest, CA, USA, 92630

Website

https://www.staar.com

Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.

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