Shedir Pharma Group SpA (MIL:SHE) Change In Inventory : €-0.05 Mil (TTM As of Jun. 2024)

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What is Shedir Pharma Group SpA Change In Inventory?

Shedir Pharma Group SpA's change in inventory for the quarter that ended in Jun. 2024 was €1.40 Mil. It means Shedir Pharma Group SpA's inventory declined by €1.40 Mil from Dec. 2023 to Jun. 2024 .

Shedir Pharma Group SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €-5.46 Mil. It means Shedir Pharma Group SpA's inventory increased by €5.46 Mil from Dec. 2022 to Dec. 2023 .

Shedir Pharma Group SpA's Total Inventories for the quarter that ended in Jun. 2024 was €15.17 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shedir Pharma Group SpA's Days Inventory for the quarter that ended in Jun. 2024 was 126.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shedir Pharma Group SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.44.

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. Shedir Pharma Group SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.53.

Shedir Pharma Group SpA Change In Inventory Historical Data

The historical data trend for Shedir Pharma Group SpA'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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Shedir Pharma Group SpA Change In Inventory Chart

Shedir Pharma Group SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.96

2.50

2.75

-2.71

-5.46

Shedir Pharma Group SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial									0.63	-3.34	-4.02	-1.44	1.40

Shedir Pharma Group SpA 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.05 Mil.

Shedir Pharma Group SpA (MIL:SHE) Change In Inventory Explanation

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

Shedir Pharma Group SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	15.8035	/	22.783	*	365 / 2
	=	126.59

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

Shedir Pharma Group SpA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.783	/	15.8035
	=	1.44

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.

Shedir Pharma Group SpA's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.8035	/	30.036
	=	0.53

Shedir Pharma Group SpA Change In Inventory Related Terms

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Shedir Pharma Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shedir Pharma Group SpA (MIL:SHE) » Definitions » Change In Inventory

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Address

95 - Piano di Sorrento, Via Bagnulo, Naples, ITA, 80063

Website

http://www.shedirpharma.com

Shedir Pharma Group SpA is engaged in manufacturing of nutraceuticals, cosmetics and medical devices. Its products are divided into four lines Shedir , Deimos, Phobos, and Menkar. The company's products include capsules, softgels, swallowable and chewable tablets, orosoluble powders, granules, oral solutions, drops for oral use, sprays for oral, sublingual and nasal use, Creams and gels for cosmetic use, and Spray for topical use.