Ablynx NV (XBRU:ABLXS) Inventory Turnover : 0.00 (As of Dec. 2017)

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What is Ablynx NV Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Ablynx NV's Cost of Goods Sold for the six months ended in Dec. 2017 was €0.00 Mil. Ablynx NV's Average Total Inventories for the quarter that ended in Dec. 2017 was €0.00 Mil.

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

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. Ablynx NV's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.00.

Ablynx NV Inventory Turnover Historical Data

The historical data trend for Ablynx NV's Inventory Turnover 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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Ablynx NV Inventory Turnover Chart

Ablynx NV Annual Data

Trend

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Dec17

Inventory Turnover

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Ablynx NV Semi-Annual Data
	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Ablynx NV Inventory Turnover Calculation

Ablynx NV's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Ablynx NV's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

	Inventory Turnover (Q: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2017 )	/ (	(Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Ablynx NV (XBRU:ABLXS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Ablynx NV's Days Inventory for the six months ended in Dec. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2017 )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

Ablynx NV's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2017 )	/	Revenue (Q: Dec. 2017 )
	=	0	/	20.897
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Ablynx NV Inventory Turnover Related Terms

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Ablynx NV (XBRU:ABLXS) Business Description

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Address

Website

http://www.ablynx.com

Ablynx NV is a biopharmaceutical company engaged in the development of Nanobodies, proprietary therapeutic proteins based on single-domain antibody fragments. It has 45 proprietary and partnered programs in development in various therapeutic areas including inflammation, hematology, immuno-oncology, oncology and respiratory disease. It has collaborations with multiple pharmaceutical companies including AbbVie; Boehringer Ingelheim; Eddingpharm; Merck & Co., Inc., Kenilworth, New Jersey, USA; Merck KGaA; Novartis; Novo Nordisk; Sanofi and Taisho Pharmaceuticals. The company generates revenue from research collaboration agreements and from government grants.

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