NanoString Technologies (FRA:0F1) Change In Inventory : €-16.5 Mil (TTM As of Sep. 2023)

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What is NanoString Technologies Change In Inventory?

NanoString Technologies's change in inventory for the quarter that ended in Sep. 2023 was €-7.0 Mil. It means NanoString Technologies's inventory increased by €7.0 Mil from Jun. 2023 to Sep. 2023 .

NanoString Technologies's change in inventory for the fiscal year that ended in Dec. 2022 was €-14.4 Mil. It means NanoString Technologies's inventory increased by €14.4 Mil from Dec. 2021 to Dec. 2022 .

NanoString Technologies's Total Inventories for the quarter that ended in Sep. 2023 was €51.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NanoString Technologies's Days Inventory for the quarter that ended in Sep. 2023 was 153.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. NanoString Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.59.

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. NanoString Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.07.

NanoString Technologies Change In Inventory Historical Data

The historical data trend for NanoString Technologies'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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NanoString Technologies Change In Inventory Chart

NanoString Technologies Annual Data

Trend

Dec13

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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4.62

-7.63

-4.04

-9.31

-14.42

NanoString Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-4.62	0.79	-5.20	-5.05	-7.00

NanoString Technologies 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-16.5 Mil.

NanoString Technologies (FRA:0F1) Change In Inventory Explanation

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

NanoString Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	48.386	/	28.752	*	365 / 4
	=	153.56

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

NanoString Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.752	/	48.386
	=	0.59

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.

NanoString Technologies's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48.386	/	45.059
	=	1.07

NanoString Technologies Change In Inventory Related Terms

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NanoString Technologies (FRA:0F1) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » NanoString Technologies Inc (FRA:0F1) » Definitions » Change In Inventory

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NSTG:USA

Address

530 Fairview Avenue North, Seattle, WA, USA, 98109

Website

https://www.nanostring.com

NanoString Technologies Inc is engaged in the development, manufacturing and commercialization of instruments, consumables, and services for efficiently profiling the activity of hundreds of genes and proteins simultaneously from a single tissue sample. Its core technology includes proprietary chemistries that enable the labeling and counting of single molecules. The firm uses its technology to develop tools for scientific and clinical research, primarily in the fields of genomics and proteomics. It offers two product platforms such as nCounter Analysis System or nCounter, and GeoMx Digital Spatial Profiler or DSP system both include instruments, related consumables, and software. NanoString Technologies generates revenue from the sale of products and related services and collaborations.

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