Bayer AG (Bayer AG) Inventory-to-Revenue

: 1.16 (As of Dec. 2023)

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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. Bayer AG's Average Total Inventories for the quarter that ended in Dec. 2023 was $15,042 Mil. Bayer AG's Revenue for the three months ended in Dec. 2023 was $12,936 Mil. Bayer AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.16.

Bayer AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.35) to Sep. 2023 (1.16)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bayer AG's Days Inventory for the three months ended in Dec. 2023 was 280.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bayer AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.33.

Bayer AG Inventory-to-Revenue Historical Data

The historical data trend for Bayer AG's Inventory-to-Revenue 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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Bayer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.25

0.26

0.25

0.29

Bayer AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue																1.07	0.94	1.23	1.35	1.16

Competitive Comparison

For the Drug Manufacturers - General subindustry, Bayer AG's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Bayer AG Inventory-to-Revenue Distribution

For the Drug Manufacturers industry and Healthcare sector, Bayer AG's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Bayer AG's Inventory-to-Revenue falls into.

Bayer AG Inventory-to-Revenue Calculation

Bayer AG's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (14401.483	+	15189.749)	/	2 )	/	51948.746
=	14795.616					/	51948.746
=	0.28

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

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (14894.344	+	15189.749)	/	2 )	/	12935.66
=	15042.0465					/	12935.66
=	1.16

Bayer AG (OTCPK:BAYRY) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Bayer AG's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	15042.0465	/	4892.039	*	365 / 4
	=	280.58

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	4892.039	/	15042.0465
	=	0.33

Bayer AG Inventory-to-Revenue Related Terms

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Bayer AG (Bayer AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bayer AG (OTCPK:BAYRY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

BAYZF:USA BAYN:Romania BAY:Poland BAYN:Mexico BAY:Italy BAYER:Hungary 0P6S:UK BAYNd:UK BAYN:Germany BAYN:Austria

Address

Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368

Website

https://www.bayer.com

Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs as well as vitamins and other consumer healthcare products. The firm also has a crop science business that includes seeds, pesticides, herbicides, and fungicides, which was expanded through the acquisition of Monsanto.