Qiagen NV (WBO:QGE2) Change In Inventory : €-21 Mil (TTM As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Qiagen NV Change In Inventory?

Qiagen NV's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means Qiagen NV's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Qiagen NV's change in inventory for the fiscal year that ended in Dec. 2023 was €-41 Mil. It means Qiagen NV's inventory increased by €41 Mil from Dec. 2022 to Dec. 2023 .

Qiagen NV's Total Inventories for the quarter that ended in Dec. 2023 was €365 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qiagen NV's Days Inventory for the quarter that ended in Dec. 2023 was 190.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qiagen NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.

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. Qiagen NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.79.

Qiagen NV Change In Inventory Historical Data

The historical data trend for Qiagen NV'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.

Qiagen NV Change In Inventory Chart

Qiagen NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-27.03

-88.43

-72.40

-58.48

-41.07

Qiagen NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-16.22	-21.18	-	-	-

Qiagen NV 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-21 Mil.

Qiagen NV (WBO:QGE2) Change In Inventory Explanation

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

Qiagen NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	369.688	/	177.038	*	365 / 4
	=	190.55

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

Qiagen NV's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	177.038	/	369.688
	=	0.48

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.

Qiagen NV's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	369.688	/	466.902
	=	0.79

Qiagen NV Change In Inventory Related Terms

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

Qiagen NV (WBO:QGE2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Qiagen NV (WBO:QGE2) » Definitions » Change In Inventory

Comparable Companies

EXAS NTRA CRL MEDP RVTY RDNT DGX SHC NEOG GH TMO DHR IQV XSWX:LONN IDXX A MTD ICLR ILMN WAT

Traded in Other Exchanges

QGEN:USA 1QGEN:Italy QIAd:UK 0RLT:UK QIA:Germany

Address

Hulsterweg 82, Venlo, LI, NLD, 5912 PL

Website

https://www.qiagen.com

Qiagen offers proprietary sample and assay technology to extract, purify, amplify, and interpret DNA, RNA, and proteins. The company's sales are split almost evenly between applications in life sciences and molecular diagnostics. Qiagen generates nearly 90% of its revenue from consumables with the balance coming from instrumentation and related services. The Americas account for the largest portion of the firm's revenue (over 45% of 2022 sales), followed by EMEA (nearly 35%), and Asia-Pacific (nearly 20%).

Qiagen NV (WBO:QGE2) Headlines

No Headlines