CNTGF (Centogene NV) Change In Inventory: $-0.95 Mil (TTM As of Dec. 2023)

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CNTGF Centogene NV CNTGF
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What is Centogene NV Change In Inventory?

Centogene NV CNTGF 12 Change In Inventory is $-0.95 Mil as of Dec. 2023. GuruFocus rates CNTGF with a GF Score™ of 12/100.

Centogene NV's change in inventory for the quarter that ended in Dec. 2023 was $-0.61 Mil. It means Centogene NV's inventory increased by $0.61 Mil from Jun. 2023 to Dec. 2023 .

Centogene NV's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.95 Mil. It means Centogene NV's inventory increased by $0.95 Mil from Dec. 2022 to Dec. 2023 .

Centogene NV's Total Inventories for the quarter that ended in Dec. 2023 was $2.69 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Centogene NV's Days Inventory for the quarter that ended in Dec. 2023 was 26.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Centogene NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.80.

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. Centogene NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.


Centogene NV  (OTCPK:CNTGF) Change In Inventory Explanation

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

Centogene 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
=2.4965/16.967*365 / 2
=26.85

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

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

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.

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

* 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.


Centogene NV Change In Inventory Related Terms


Centogene NV Change In Inventory Historical Data

* Premium members only.

The historical data trend for Centogene 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.

Centogene NV Change In Inventory Chart

Centogene NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial -0.51 -11.67 6.49 2.17 -0.95

Centogene NV Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.09 1.81 0.36 -0.34 -0.61
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Centogene NV CNTGF
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Centogene 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 semi-annually data reported by the company within the most recent 12 months, which was $-0.95 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.95 Mil mean?
Centogene NV (CNTGF) has a Change In Inventory of $-0.95 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Centogene NV and its competitors.
Is Centogene NV's Change In Inventory too high?
Centogene NV's current Change In Inventory is $-0.95 Mil. Overall, Centogene NV has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Centogene NV's Change In Inventory compare to ISPC and CHEK?
Centogene NV's Change In Inventory of $-0.95 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Medical Diagnostics & Research company?
A good Change In Inventory depends on the Medical Diagnostics & Research industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Centogene NV and its competitors. Centogene NV's current Change In Inventory is $-0.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centogene NV stock overvalued right now?
Centogene NV (CNTGF) has a current Change In Inventory of $-0.95 Mil. The current Change In Inventory is $-0.95 Mil. Centogene NV's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Centogene NV (CNTGF), the current Change In Inventory is $-0.95 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Centogene NV Business Description

Address Am Strande 7, Rostock, MV, DEU, 18055
Centogene NV is a United States-based company engaged in data-driven answers to patients, physicians, and pharmaceutical companies for rare and neurodegenerative diseases. The company operates in two segments: pharmaceutical and diagnostics. Its pharmaceutical segment provides a variety of services to its pharmaceutical partners, including early patient recruitment and identification, epidemiological insights, biomarker discovery, and patient monitoring. Its diagnostics segment provides targeted genetic sequencing and diagnostics services to patients. Its geographic regions are Europe, the Middle East, North America, and Latin America.
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