Bristol-Myers Squibb Co (Bristol-Myers Squibb Co) Change In Inventory : $-687.00 Mil (TTM As of Mar. 2024)

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What is Bristol-Myers Squibb Co Change In Inventory?

Bristol-Myers Squibb Co's change in inventory for the quarter that ended in Mar. 2024 was $-218.00 Mil. It means Bristol-Myers Squibb Co's inventory increased by $218.00 Mil from Dec. 2023 to Mar. 2024 .

Bristol-Myers Squibb Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-751.00 Mil. It means Bristol-Myers Squibb Co's inventory increased by $751.00 Mil from Dec. 2022 to Dec. 2023 .

Bristol-Myers Squibb Co's Total Inventories for the quarter that ended in Mar. 2024 was $2,985.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bristol-Myers Squibb Co's Days Inventory for the quarter that ended in Mar. 2024 was 87.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bristol-Myers Squibb Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.04.

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. Bristol-Myers Squibb Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.24.

Bristol-Myers Squibb Co Change In Inventory Historical Data

The historical data trend for Bristol-Myers Squibb 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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Bristol-Myers Squibb Co Change In Inventory Chart

Bristol-Myers Squibb Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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463.00

2,672.00

13.00

-69.00

-751.00

Bristol-Myers Squibb 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															-282.00	-16.00	-256.00	-197.00	-218.00

Bristol-Myers Squibb 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 $-687.00 Mil.

Bristol-Myers Squibb Co (OTCPK:BMYMP.PFD) Change In Inventory Explanation

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

Bristol-Myers Squibb 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
	=	2823.5	/	2932	*	365 / 4
	=	87.87

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

Bristol-Myers Squibb Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2932	/	2823.5
	=	1.04

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.

Bristol-Myers Squibb Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2823.5	/	11865
	=	0.24

Bristol-Myers Squibb Co Change In Inventory Related Terms

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Bristol-Myers Squibb Co (Bristol-Myers Squibb Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bristol-Myers Squibb Co (OTCPK:BMYMP.PFD) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

430 East 29th Street, 14th Floor, New York, NY, USA, 10016

Website

https://www.bms.com

Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the U.S., showing a higher dependence on the U.S. market than most of its peer group.