Cangene (FRA:YGE) Inventory-to-Revenue : 2.22 (As of Oct. 2013)

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What is Cangene Inventory-to-Revenue?

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. Cangene's Average Total Inventories for the quarter that ended in Oct. 2013 was €39.96 Mil. Cangene's Revenue for the three months ended in Oct. 2013 was €18.04 Mil. Cangene's Inventory-to-Revenue for the quarter that ended in Oct. 2013 was 2.22.

Cangene's Inventory-to-Revenue for the quarter that ended in Oct. 2013 increased from Jul. 2013 (2.14) to Jul. 2013 (2.22)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cangene's Days Inventory for the three months ended in Oct. 2013 was 319.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cangene's Inventory Turnover for the quarter that ended in Oct. 2013 was 0.29.

Cangene Inventory-to-Revenue Historical Data

The historical data trend for Cangene's Inventory-to-Revenue 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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Cangene Inventory-to-Revenue Chart

Cangene Annual Data

Trend

Jul04

Jul05

Jul06

Jul07

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Inventory-to-Revenue

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0.34

0.55

0.54

0.52

0.45

Cangene Quarterly Data
	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13
Inventory-to-Revenue	Get a 7-Day Free Trial															1.58	2.13	1.32	2.14	2.22

Competitive Comparison of Cangene's Inventory-to-Revenue

For the Biotechnology subindustry, Cangene's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Cangene's Inventory-to-Revenue Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cangene's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Cangene's Inventory-to-Revenue falls into.

Cangene Inventory-to-Revenue Calculation

Cangene's Inventory-to-Revenue for the fiscal year that ended in Jul. 2013 is calculated as

	Inventory-to-Revenue (A: Jul. 2013 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jul. 2012 )	+	Total Inventories (A: Jul. 2013 ))	/	count )	/	Revenue (A: Jul. 2013 )
=	( (46.927	+	40.075)	/	2 )	/	97.269
=	43.501					/	97.269
=	0.45

Cangene's Inventory-to-Revenue for the quarter that ended in Oct. 2013 is calculated as

	Inventory-to-Revenue (Q: Oct. 2013 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jul. 2013 )	+	Total Inventories (Q: Oct. 2013 ))	/	count )	/	Revenue (Q: Oct. 2013 )
=	( (40.075	+	39.846)	/	2 )	/	18.043
=	39.9605					/	18.043
=	2.21

Cangene (FRA:YGE) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Cangene's Days Inventory for the three months ended in Oct. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2013 )	/	Cost of Goods Sold (Q: Oct. 2013 )	*	Days in Period
	=	39.9605	/	11.427	*	365 / 4
	=	319.10

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

Cangene's Inventory Turnover for the quarter that ended in Oct. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Oct. 2013 )	/	Average Total Inventories (Q: Oct. 2013 )
	=	11.427	/	39.9605
	=	0.29

Cangene Inventory-to-Revenue Related Terms

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Cangene (FRA:YGE) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.cangene.com

Cangene Corporation is a fully integrated developer and manufacturer of immune therapeutics, primarily targeting infectious disease, hematology, transplantation and biodefense applications. The company manages its business and evaluate performance based on two operating segments: biopharmaceutical operations and contract services. Revenues are generated from product sales, and contract manufacturing and contract-R&D services.

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