Getinge AB (OSTO:GETI B) Change In Inventory : kr-33 Mil (TTM As of Mar. 2024)

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What is Getinge AB Change In Inventory?

Getinge AB's change in inventory for the quarter that ended in Mar. 2024 was kr-360 Mil. It means Getinge AB's inventory increased by kr360 Mil from Dec. 2023 to Mar. 2024 .

Getinge AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr-202 Mil. It means Getinge AB's inventory increased by kr202 Mil from Dec. 2022 to Dec. 2023 .

Getinge AB's Total Inventories for the quarter that ended in Mar. 2024 was kr7,123 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Getinge AB's Days Inventory for the quarter that ended in Mar. 2024 was 159.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Getinge AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.57.

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. Getinge AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.90.

Getinge AB Change In Inventory Historical Data

The historical data trend for Getinge AB'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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Getinge AB Change In Inventory Chart

Getinge AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-107.00

-544.00

-71.00

-998.00

-202.00

Getinge AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-529.00	-125.00	-205.00	657.00	-360.00

Getinge AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-33 Mil.

Getinge AB (OSTO:GETI B) Change In Inventory Explanation

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

Getinge AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6769.5	/	3881	*	365 / 4
	=	159.16

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

Getinge AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3881	/	6769.5
	=	0.57

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.

Getinge AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6769.5	/	7513
	=	0.90

Getinge AB Change In Inventory Related Terms

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Getinge AB (OSTO:GETI B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Getinge AB (OSTO:GETI B) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GNGBY:USA GNGBF:USA GETIBs:UK 0GZV:UK GTN:Germany

Address

Lindholmspiren 7A, P.O. Box 8861, Gothenburg, SWE, SE-417 56

Website

https://www.getinge.com

Getinge, headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in the hospital, pharmaceutical, and research settings. The company reports in three segments: acute care therapies (54% of revenue), surgical workflows (32%), and life sciences (14%). Product areas include ventilators, surgical stents, life support systems, sterilizers, surgical tables, and sterile transfer systems. Getinge derives revenue from a broad geographic footprint, with the Americas accounting for 45% of sales (U.S. 33% of sales), Asia-Pacific 25%, and Europe, Middle East, and Africa the remaining 30%.

Getinge AB (OSTO:GETI B) Headlines

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