Tecan Group AG (LTS:0QLN) Change In Inventory : CHF29 Mil (TTM As of Dec. 2023)

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What is Tecan Group AG Change In Inventory?

Tecan Group AG's change in inventory for the quarter that ended in Dec. 2023 was CHF22 Mil. It means Tecan Group AG's inventory declined by CHF22 Mil from Jun. 2023 to Dec. 2023 .

Tecan Group AG's change in inventory for the fiscal year that ended in Dec. 2023 was CHF29 Mil. It means Tecan Group AG's inventory declined by CHF29 Mil from Dec. 2022 to Dec. 2023 .

Tecan Group AG's Total Inventories for the quarter that ended in Dec. 2023 was CHF254 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tecan Group AG's Days Inventory for the quarter that ended in Dec. 2023 was 142.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tecan Group AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.28.

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. Tecan Group AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Tecan Group AG Change In Inventory Historical Data

The historical data trend for Tecan Group AG'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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Tecan Group AG Change In Inventory Chart

Tecan Group AG Annual Data

Trend

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Dec23

Change In Inventory

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21.83

-10.59

-43.93

-54.16

29.47

Tecan Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-41.02	-32.05	-22.11	7.72	21.75

Tecan Group AG 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 CHF29 Mil.

Tecan Group AG (LTS:0QLN) Change In Inventory Explanation

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

Tecan Group AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	270.3775	/	347.024	*	365 / 2
	=	142.19

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

Tecan Group AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	347.024	/	270.3775
	=	1.28

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.

Tecan Group AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	270.3775	/	532.887
	=	0.51

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Tecan Group AG (LTS:0QLN) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (LTS:0QLN) » Definitions » Change In Inventory

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TCGGY:USA TCHBF:USA TECNz:UK TECN:Switzerland

Address

Seestrasse 103, Mannedorf, CHE, 8708

Website

https://www.tecan.com

Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.

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