Reshape Lifesciences (STU:24O0) Change In Inventory : €-0.23 Mil (TTM As of Mar. 2024)

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What is Reshape Lifesciences Change In Inventory?

Reshape Lifesciences's change in inventory for the quarter that ended in Mar. 2024 was €0.29 Mil. It means Reshape Lifesciences's inventory declined by €0.29 Mil from Dec. 2023 to Mar. 2024 .

Reshape Lifesciences's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.43 Mil. It means Reshape Lifesciences's inventory increased by €0.43 Mil from Dec. 2022 to Dec. 2023 .

Reshape Lifesciences's Total Inventories for the quarter that ended in Mar. 2024 was €3.19 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reshape Lifesciences's Days Inventory for the quarter that ended in Mar. 2024 was 421.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reshape Lifesciences's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

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. Reshape Lifesciences's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.85.

Reshape Lifesciences Change In Inventory Historical Data

The historical data trend for Reshape Lifesciences'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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Reshape Lifesciences Change In Inventory Chart

Reshape Lifesciences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.30

-0.97

-0.33

-1.12

-0.43

Reshape Lifesciences 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															0.10	0.16	0.03	-0.71	0.29

Reshape Lifesciences 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 €-0.23 Mil.

Reshape Lifesciences (STU:24O0) Change In Inventory Explanation

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

Reshape Lifesciences's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.31	/	0.716	*	365 / 4
	=	421.84

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.716	/	3.31
	=	0.22

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.31	/	1.788
	=	1.85

Reshape Lifesciences Change In Inventory Related Terms

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Reshape Lifesciences (STU:24O0) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Reshape Lifesciences Inc (STU:24O0) » Definitions » Change In Inventory

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RSLS:USA

Address

1001 Calle Amanecer, San Clemente, CA, USA, 92673

Website

https://www.reshapelifesciences.com

Reshape Lifesciences Inc is a developer of minimally invasive medical devices to treat obesity and metabolic diseases. The company's current portfolio includes the LAP-BAND, an Adjustable Gastric Banding System, ReShapeCare virtual health coaching program, ReShape Market Place, including ReShape Optimize a supplemental multivitamin, the Obalon Balloon System, the first and only swallowable gas-filled balloon system, and the Diabetes Bloc-Stim Neuromodulation, a technology under development as a new treatment for type 2 diabetes mellitus.

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