Cencora (FRA:ABG) Change In Inventory : €-828 Mil (TTM As of Mar. 2024)

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What is Cencora Change In Inventory?

Cencora's change in inventory for the quarter that ended in Mar. 2024 was €898 Mil. It means Cencora's inventory declined by €898 Mil from Dec. 2023 to Mar. 2024 .

Cencora's change in inventory for the fiscal year that ended in Sep. 2023 was €-2,046 Mil. It means Cencora's inventory increased by €2,046 Mil from Sep. 2022 to Sep. 2023 .

Cencora's Total Inventories for the quarter that ended in Mar. 2024 was €16,221 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cencora's Days Inventory for the quarter that ended in Mar. 2024 was 25.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cencora's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.64.

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. Cencora's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Cencora Change In Inventory Historical Data

The historical data trend for Cencora'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.

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Cencora Change In Inventory Chart

Cencora Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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-152.54

-1,376.35

-948.89

-672.02

-2,045.82

Cencora Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-219.94	40.19	-762.15	-1,004.60	898.39

Cencora 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-828 Mil.

Cencora (FRA:ABG) Change In Inventory Explanation

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

Cencora's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	16662.305	/	60606.181	*	365 / 4
	=	25.09

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

Cencora's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	60606.181	/	16662.305
	=	3.64

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.

Cencora's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16662.305	/	62941.162
	=	0.26

Cencora Change In Inventory Related Terms

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Cencora (FRA:ABG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Cencora Inc (FRA:ABG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

COR:USA C1CO34:Brazil ABC:Austria

Address

1 West First Avenue, Conshohocken, PA, USA, 19428-1800

Website

https://www.cencora.com

Cencora is one of three domestic leading pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health constitute over 90% of the U.S. pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.