Fortress Biotech (FRA:CNB0.PFD) Change In Inventory : €-0.66 Mil (TTM As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Fortress Biotech Change In Inventory?

Fortress Biotech's change in inventory for the quarter that ended in Sep. 2024 was €-1.89 Mil. It means Fortress Biotech's inventory increased by €1.89 Mil from Jun. 2024 to Sep. 2024 .

Fortress Biotech's change in inventory for the fiscal year that ended in Dec. 2023 was €3.63 Mil. It means Fortress Biotech's inventory declined by €3.63 Mil from Dec. 2022 to Dec. 2023 .

Fortress Biotech's Total Inventories for the quarter that ended in Sep. 2024 was €10.62 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fortress Biotech's Days Inventory for the quarter that ended in Sep. 2024 was 187.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortress Biotech's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.49.

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. Fortress Biotech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.74.

Fortress Biotech Change In Inventory Historical Data

The historical data trend for Fortress Biotech'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.

Fortress Biotech Change In Inventory Chart

Fortress Biotech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.16

-0.45

-7.49

1.65

3.63

Fortress Biotech Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															1.07	0.75	-0.34	0.83	-1.89

Fortress Biotech 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.66 Mil.

Fortress Biotech (FRA:CNB0.PFD) Change In Inventory Explanation

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

Fortress Biotech's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	9.81	/	4.762	*	365 / 4
	=	187.98

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

Fortress Biotech's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.762	/	9.81
	=	0.49

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.

Fortress Biotech's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.81	/	13.181
	=	0.74

Fortress Biotech Change In Inventory Related Terms

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

Fortress Biotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Fortress Biotech Inc (FRA:CNB0.PFD) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

FBIOP.PFD:USA FBIO:USA

Address

1111 Kane Concourse, Suite 301, Bay Harbor Island, FL, USA, 33154

Website

https://www.fortressbiotech.com

Fortress Biotech Inc is a biopharmaceutical company. The firm is involved in the business of acquiring, developing, and commercializing pharmaceutical and biotechnology products. Its product portfolio encompasses Qbrexza, Accutane, Amzeeq, Zilxi, Targadox, Ximino, and Exelderm. The business activities of the group are functioned through Dermatology Product Sales, and Pharmaceutical and Biotechnology Product Development. It derives the majority of its revenues from Dermatology segment. Its subsidiaries also operate in biotechnology, pharmaceutical, oncology, therapeutics sectors.

Fortress Biotech Headlines

No Headlines