The historical rank and industry rank for Sandoz Group AG's Days Inventory or its related term are showing as below:
SDZNY'
s Days Inventory Range Over the Past 10 Years
Min: 157.32 Med: 162.72 Max: 168.11
Current: 168.11
During the past 2 years, Sandoz Group AG's highest Days Inventory was 168.11. The lowest was 157.32. And the median was 162.72.
SDZNY's Days Inventory is ranked worse than 54.02% of 970
companies
in the Drug Manufacturers industry
Industry Median: 159.52
vs SDZNY: 168.11
Sandoz Group AG's Days Inventory
increased
from . 20 (0.00) to Dec. 2023 (40.65).
It might indicate that Sandoz Group AG's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sandoz Group AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.25.
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
three
months ended in Dec. 2023 was 0.24.
Sandoz Group AG Days Inventory Historical Data
The historical data trend for Sandoz Group AG's Days 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 Days Inventory Chart
Sandoz Group AG Annual Data
Trend
Dec22
Dec23
Days Inventory
157.32
162.58
Sandoz Group AG Quarterly Data
Dec22
Dec23
Days Inventory
39.33
40.65
Competitive Comparison of Sandoz Group AG's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Sandoz Group AG's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sandoz Group AG's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Sandoz Group AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sandoz Group AG's Days Inventory falls into.
Sandoz Group AG Days Inventory Calculation
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 fiscal year that ended in Dec. 2023 is calculated as
* 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) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Sandoz Group AG's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. 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
three
months ended in Dec. 2023 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Sandoz Group AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Sandoz Group AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sandoz Group AG (Sandoz Group AG) Business Description
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 U.S.'s first biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in pipeline.
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