Societal CDMO (FRA:RAH) Change In Inventory : €0.02 Mil (TTM As of Dec. 2023)

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What is Societal CDMO Change In Inventory?

Societal CDMO's change in inventory for the quarter that ended in Dec. 2023 was €1.85 Mil. It means Societal CDMO's inventory declined by €1.85 Mil from Sep. 2023 to Dec. 2023 .

Societal CDMO's change in inventory for the fiscal year that ended in Dec. 2023 was €0.04 Mil. It means Societal CDMO's inventory declined by €0.04 Mil from Dec. 2022 to Dec. 2023 .

Societal CDMO's Total Inventories for the quarter that ended in Dec. 2023 was €9.41 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Societal CDMO's Days Inventory for the quarter that ended in Dec. 2023 was 51.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Societal CDMO's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.76.

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. Societal CDMO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Societal CDMO Change In Inventory Historical Data

The historical data trend for Societal CDMO'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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Societal CDMO Change In Inventory Chart

Societal CDMO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.94

2.84

2.99

-1.31

0.04

Societal CDMO 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															-0.84	-1.19	-1.19	0.54	1.85

Societal CDMO 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 €0.02 Mil.

Societal CDMO (FRA:RAH) Change In Inventory Explanation

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

Societal CDMO's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	10.4575	/	18.359	*	365 / 4
	=	51.98

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.359	/	10.4575
	=	1.76

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.4575	/	25.418
	=	0.41

Societal CDMO Change In Inventory Related Terms

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Societal CDMO (FRA:RAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Societal CDMO Inc (FRA:RAH) » Definitions » Change In Inventory

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SCTL:USA

Address

1 E. Uwchlan Avenue, Suite 112, Exton, PA, USA, 19341

Website

https://www.societalcdmo.com

Societal CDMO Inc is a bi-coastal contract development and manufacturing organization. It offers capabilities spanning pre-Investigational New Drug development to commercial manufacturing and packaging for a wide range of therapeutic dosage forms primarily focused on small molecules. The company also provides therapeutic development, end-to-end regulatory support, clinical and commercial manufacturing, aseptic fill/finish, lyophilization, packaging, and logistics services to the global pharmaceutical market.

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