Celgene (BUE:CELG) Total Inventories: ARS25,222.63 Mil (As of Sep. 2019)


What is Celgene Total Inventories?

Celgene BUE:CELG 10 Total Inventories is ARS25,222.63 Mil as of Sep. 2019. GuruFocus rates BUE:CELG with a GF Score™ of 10/100. The stock has 1 warning sign investors should review.

Celgene's total inventories for the quarter that ended in Sep. 2019 was ARS25,222.63 Mil. Celgene's average total inventories from the quarter that ended in Jun. 2019 to the quarter that ended in Sep. 2019 was ARS22,976.84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Celgene's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was ARS-1,287.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Celgene's Days Inventory for the three months ended in Sep. 2019 was 224.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Celgene's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.41.

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. Celgene's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.09.


Celgene  (BUE:CELG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Celgene's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

Net-Net Working Capital Per Share (Q: Sep. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(609425.612+0.75 * 132768.322+0.5 * 25222.626-1637289.55
-0-0)/711.400
=-1,287.15

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

Celgene's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=22976.841/9339.642*365 / 4
=224.49

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

Celgene's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2019 ) / Average Total Inventories (Q: Sep. 2019 )
=9339.642 / 22976.841
=0.41

4. 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.

Celgene's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=22976.841 / 252785.516
=0.09

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Celgene Total Inventories Related Terms


Celgene Total Inventories Historical Data

* Premium members only.

The historical data trend for Celgene's Total Inventories 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.

Celgene Total Inventories Chart

Celgene Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,361.40 5,738.93 7,894.55 10,330.39 17,268.89

Celgene Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,767.49 17,268.89 17,277.78 20,731.06 25,222.63

Celgene Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ARS25,222.63 Mil mean?
Celgene (BUE:CELG) has a Total Inventories of ARS25,222.63 Mil as of Sep. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for Celgene and its competitors.
Is Celgene's Total Inventories too high?
Celgene's current Total Inventories is ARS25,222.63 Mil. Overall, Celgene has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Celgene's Total Inventories compare to GILD and BIIB?
Celgene's Total Inventories of ARS25,222.63 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Drug Manufacturers company?
A good Total Inventories depends on the Drug Manufacturers industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Celgene and its competitors. Celgene's current Total Inventories is ARS25,222.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celgene stock overvalued right now?
Celgene (BUE:CELG) has a current Total Inventories of ARS25,222.63 Mil. The current Total Inventories is ARS25,222.63 Mil. Celgene's overall GF Score™ is 10/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Celgene (BUE:CELG), the current Total Inventories is ARS25,222.63 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Celgene Business Description

Address 86 Morris Avenue, Summit, NJ, USA, 07901
Celgene is a biopharmaceutical firm that discovers, develops, and markets therapeutics for the treatment of cancer and immunological diseases. Celgene markets Thalomid and Pomalyst to treat multiple myeloma and Revlimid, a less toxic thalidomide derivative, to treat myelodysplastic syndromes, multiple myeloma, and mantle cell lymphoma. Acquisitions have brought MDS drug Vidaza, T-cell lymphoma drug Istodax, and cancer drug Abraxane. The firm's first immunology drug, Otezla, was approved in the U.S. in 2014. Pending acquisitions of Juno and Impact bring additional drugs for Celgene's blood cancer pipeline.