Formycon AG (XTER:FYB) Change In Inventory : €0.10 Mil (TTM As of Dec. 2023)

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What is Formycon AG Change In Inventory?

Formycon AG's change in inventory for the quarter that ended in Dec. 2023 was €0.50 Mil. It means Formycon AG's inventory declined by €0.50 Mil from Jun. 2023 to Dec. 2023 .

Formycon AG's change in inventory for the fiscal year that ended in Dec. 2023 was €0.10 Mil. It means Formycon AG's inventory declined by €0.10 Mil from Dec. 2022 to Dec. 2023 .

Formycon AG's Total Inventories for the quarter that ended in Dec. 2023 was €0.47 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Formycon AG's Days Inventory for the quarter that ended in Dec. 2023 was 4.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Formycon AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 39.44.

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. Formycon AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Formycon AG Change In Inventory Historical Data

The historical data trend for Formycon 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.

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Formycon AG Change In Inventory Chart

Formycon AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.91

-2.48

-0.12

-0.36

0.10

Formycon AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.14	0.32	-0.69	-0.39	0.50

Formycon 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.10 Mil.

Formycon AG (XTER:FYB) Change In Inventory Explanation

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

Formycon 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
	=	0.716	/	28.238	*	365 / 2
	=	4.63

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

Formycon AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.238	/	0.716
	=	39.44

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.

Formycon AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.716	/	33.907
	=	0.02

Formycon AG Change In Inventory Related Terms

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Formycon AG (XTER:FYB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Formycon AG (XTER:FYB) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

FYB:Germany FYB:Germany FYB:Germany

Address

Fraunhoferstrasse 15, Martinsried, Planegg, BY, DEU, 82152

Website

https://www.formycon.com

Formycon AG is a pharmaceutical company. It is engaged in the development of pharmaceutical and biopharmaceutical products and the development of drug delivery systems. Its focus is on treatments in ophthalmology and immunology as well as other chronic diseases. The company's pipeline in the biosimilar drugs category includes FYB201, FYB202, FYB203, and FYB207 for the treatment of COVID 19. It is also engaged in the provision of diagnostic laboratory services and works for third parties and the carrying out of diagnostic laboratory services.

Executives

Dr. Stefan Glombitza	Board of Directors
Dr. Carsten Brockmeyer	Board of Directors
Dr. Nicolas Combé	Board of Directors

Formycon AG (XTER:FYB) Headlines

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