Surmodics (STU:SU6) Change In Inventory : €-1.5 Mil (TTM As of Mar. 2024)

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What is Surmodics Change In Inventory?

Surmodics's change in inventory for the quarter that ended in Mar. 2024 was €-0.9 Mil. It means Surmodics's inventory increased by €0.9 Mil from Dec. 2023 to Mar. 2024 .

Surmodics's change in inventory for the fiscal year that ended in Sep. 2023 was €-2.8 Mil. It means Surmodics's inventory increased by €2.8 Mil from Sep. 2022 to Sep. 2023 .

Surmodics's Total Inventories for the quarter that ended in Mar. 2024 was €14.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Surmodics's Days Inventory for the quarter that ended in Mar. 2024 was 78.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Surmodics's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.16.

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. Surmodics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Surmodics Change In Inventory Historical Data

The historical data trend for Surmodics'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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Surmodics Change In Inventory Chart

Surmodics Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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-0.49

-1.17

-0.70

-5.11

-2.83

Surmodics 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															-0.97	-0.78	-0.22	0.37	-0.89

Surmodics 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 €-1.5 Mil.

Surmodics (STU:SU6) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	13.7065	/	15.943	*	365 / 4
	=	78.45

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15.943	/	13.7065
	=	1.16

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.7065	/	29.401
	=	0.47

Surmodics Change In Inventory Related Terms

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Surmodics (STU:SU6) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Surmodics Inc (STU:SU6) » Definitions » Change In Inventory

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SRDX:USA SU6:Germany

Address

9924 West 74th Street, Eden Prairie, MN, USA, 55344

Website

https://www.surmodics.com

Surmodics Inc is a provider of surface modification and in vitro diagnostic technologies to the healthcare industry. The company's mission is to improve the treatment and detection of disease by using its technology to provide solutions to difficult medical devices and diagnostic challenges. It has two reportable segments: Medical device unit; Manufacture of performance coatings, including surface modification coating technologies and the Vitro diagnostics unit; Manufacture of chemical and biological components used in in vitro diagnostic immunoassay and molecular tests within the diagnostic and biomedical research markets. Surmodics derives majority of its revenue from the Medical Device segment.

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