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SDZNY (Sandoz Group AG) Change In Inventory : $-277 Mil (TTM As of Dec. 2024)


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What is Sandoz Group AG Change In Inventory?

Sandoz Group AG's change in inventory for the quarter that ended in Dec. 2024 was $-4 Mil. It means Sandoz Group AG's inventory increased by $4 Mil from Jun. 2024 to Dec. 2024 .

Sandoz Group AG's change in inventory for the fiscal year that ended in Dec. 2024 was $-277 Mil. It means Sandoz Group AG's inventory increased by $277 Mil from Dec. 2023 to Dec. 2024 .

Sandoz Group AG's Total Inventories for the quarter that ended in Dec. 2024 was $2,800 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sandoz Group AG's Days Inventory for the quarter that ended in Dec. 2024 was 186.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sandoz Group AG's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.98.

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. Sandoz Group AG's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.53.

Sandoz Group AG Change In Inventory Historical Data

The historical data trend for Sandoz 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.

* Premium members only.

Sandoz Group AG Change In Inventory Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23 Dec24
Change In Inventory
-272.00 -578.00 -277.00

Sandoz Group AG Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Change In Inventory - -447.00 -131.00 -273.00 -4.00

Sandoz 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-277 Mil.

* 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.

Sandoz Group AG  (OTCPK:SDZNY) Change In Inventory Explanation

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

Sandoz 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
=2841.5/2776*365 / 2
=186.81

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

Sandoz Group AG's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2776 / 2841.5
=0.98

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.

Sandoz Group AG's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2841.5 / 5322
=0.53

* 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.

Sandoz Group AG Change In Inventory Related Terms

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Sandoz Group AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sandoz Group AG (OTCPK:SDZNY) » Definitions » Change In Inventory
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Traded in Other Exchanges
SDZXF:USA SDZz:UK 0SAN:UK D8Y0:Germany SDZ:Switzerland
Address
Centralbahnstrasse 4, Basel, CHE, 4051
Website
https://www.sandoz.com
Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $9 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006 as well as the first US biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in its pipeline.