PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM (CAS:PRO) Change In Inventory : MAD0.0 Mil (TTM As of Jun. 2024)

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What is PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM Change In Inventory?

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's change in inventory for the quarter that ended in Jun. 2024 was MAD0.0 Mil. It means PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's inventory stayed the same from Dec. 2023 to Jun. 2024 .

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's change in inventory for the fiscal year that ended in Dec. 2023 was MAD0.0 Mil. It means PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's inventory stayed the same from Dec. 2022 to Dec. 2023 .

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's Total Inventories for the quarter that ended in Jun. 2024 was MAD317.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's Days Inventory for the quarter that ended in Jun. 2024 was 219.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.83.

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. PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.69.

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM Change In Inventory Historical Data

The historical data trend for PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM'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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PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM Change In Inventory Chart

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM Annual Data

Trend

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Dec23

Change In Inventory

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PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial													-	-	-	-	-

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD0.0 Mil.

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM (CAS:PRO) Change In Inventory Explanation

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

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	299.331	/	248.871	*	365 / 2
	=	219.50

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

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	248.871	/	299.331
	=	0.83

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.

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	299.331	/	433.939
	=	0.69

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM Change In Inventory Related Terms

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PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM (CAS:PRO) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Rue N 7, ZI du Sahel, BP 96/97, Berrechid, Had Soualem, MAR, 26400

Website

http://www.promopharm.co.ma

PROMOTION PHARMACEUTIQUE DU MAGHREB PROMOPHARM is engaged in production, marketing, import and export of pharmaceuticals, parapharmaceuticals, dermopharmaceuticals and cosmetics.