Ascendis Health (JSE:ASC) Change In Inventory : R0 Mil (TTM As of Jun. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Ascendis Health Change In Inventory?

Ascendis Health's change in inventory for the quarter that ended in Jun. 2023 was R0 Mil. It means Ascendis Health's inventory stayed the same from Dec. 2022 to Jun. 2023 .

Ascendis Health's change in inventory for the fiscal year that ended in Jun. 2023 was R-106 Mil. It means Ascendis Health's inventory increased by R106 Mil from Jun. 2022 to Jun. 2023 .

Ascendis Health's Total Inventories for the quarter that ended in Jun. 2023 was R366 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ascendis Health's Days Inventory for the quarter that ended in Jun. 2023 was 157.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ascendis Health's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.16.

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. Ascendis Health's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.53.

Ascendis Health Change In Inventory Historical Data

The historical data trend for Ascendis Health'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.

* Premium members only.

Ascendis Health Change In Inventory Chart

Ascendis Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Get a 7-Day Free Trial

-159.36

-38.14

27.23

17.35

-106.49

Ascendis Health Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Ascendis Health 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

Ascendis Health (JSE:ASC) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	402.7345	/	465.587	*	365 / 2
	=	157.86

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

Ascendis Health's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	465.587	/	402.7345
	=	1.16

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.

Ascendis Health's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	402.7345	/	758.223
	=	0.53

Ascendis Health Change In Inventory Related Terms

Thank you for viewing the detailed overview of Ascendis Health's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Ascendis Health (JSE:ASC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ascendis Health Ltd (JSE:ASC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Carey Street, Wynberg, Sandton, GT, ZAF, 2090

Website

https://www.ascendishealth.com

Ascendis Health is a drug manufacturer that produces and distributes health products for the human, animal, and plant markets. It has a portfolio of brands and products and owns recognized trademarks in the pharmaceutical and consumer health markets. Ascendis Health has five operating segments: consumer health, pharma, medical, animal health, and biosciences. The pharma division is the contributor to revenue and is further divided into Pharma Africa, Remedica, and Farmalider. Pharma includes generic manufacturing and distribution and over-the-counter medicine manufacturing and distribution. The company's revenue is split between South Africa and Europe and is diversified across currencies, markets, sales channels, and customer groups.