Gerresheimer AG (XTER:GXI) Change In Inventory : €-11 Mil (TTM As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Gerresheimer AG Change In Inventory?

Gerresheimer AG's change in inventory for the quarter that ended in Feb. 2024 was €-23 Mil. It means Gerresheimer AG's inventory increased by €23 Mil from Nov. 2023 to Feb. 2024 .

Gerresheimer AG's change in inventory for the fiscal year that ended in Nov. 2023 was €-22 Mil. It means Gerresheimer AG's inventory increased by €22 Mil from Nov. 2022 to Nov. 2023 .

Gerresheimer AG's Total Inventories for the quarter that ended in Feb. 2024 was €351 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gerresheimer AG's Days Inventory for the quarter that ended in Feb. 2024 was 91.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gerresheimer AG's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.00.

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. Gerresheimer AG's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.72.

Gerresheimer AG Change In Inventory Historical Data

The historical data trend for Gerresheimer 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.

Gerresheimer AG Change In Inventory Chart

Gerresheimer AG Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Inventory

Get a 7-Day Free Trial

-12.89

-12.17

-44.85

-66.45

-22.00

Gerresheimer AG Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-34.50	2.55	-14.72	24.67	-23.49

Gerresheimer 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-11 Mil.

Gerresheimer AG (XTER:GXI) Change In Inventory Explanation

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

Gerresheimer 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
	=	337.171	/	336.545	*	365 / 4
	=	91.42

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

Gerresheimer AG's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	336.545	/	337.171
	=	1.00

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.

Gerresheimer AG's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	337.171	/	466.138
	=	0.72

Gerresheimer AG Change In Inventory Related Terms

Thank you for viewing the detailed overview of Gerresheimer AG's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Gerresheimer AG (XTER:GXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Gerresheimer AG (XTER:GXI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GXId:UK 0NTI:UK GXI:Germany GXI:Germany GXI:Germany GXI:Austria

Address

Klaus-Bungert-Strasse 4, Duesseldorf, NW, DEU, 40468

Website

https://www.gerresheimer.com

Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.

Executives

Dietmar Siemssen	Board of Directors
Dr. Lukas Burkhardt	Board of Directors
Andrea Abt	Supervisory Board

Gerresheimer AG (XTER:GXI) Headlines

No Headlines