Zealand Pharma A/S (Zealand Pharma A/S) Change In Inventory : $0.73 Mil (TTM As of Mar. 2024)

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What is Zealand Pharma A/S Change In Inventory?

Zealand Pharma A/S's change in inventory for the quarter that ended in Mar. 2024 was $0.73 Mil. It means Zealand Pharma A/S's inventory declined by $0.73 Mil from Dec. 2023 to Mar. 2024 .

Zealand Pharma A/S's change in inventory for the fiscal year that ended in Dec. 2023 was $1.37 Mil. It means Zealand Pharma A/S's inventory declined by $1.37 Mil from Dec. 2022 to Dec. 2023 .

Zealand Pharma A/S's Total Inventories for the quarter that ended in Mar. 2024 was $0.43 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zealand Pharma A/S's Days Inventory for the quarter that ended in Mar. 2024 was 107.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zealand Pharma A/S's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.85.

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. Zealand Pharma A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

Zealand Pharma A/S Change In Inventory Historical Data

The historical data trend for Zealand Pharma A/S'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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Zealand Pharma A/S Change In Inventory Chart

Zealand Pharma A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.36

-8.02

2.60

1.37

Zealand Pharma A/S 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															-	-	-	-	0.73

Zealand Pharma A/S 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 $0.73 Mil.

Zealand Pharma A/S (OTCPK:ZLDPF) Change In Inventory Explanation

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

Zealand Pharma A/S's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.793	/	0.671	*	365 / 4
	=	107.84

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

Zealand Pharma A/S's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.671	/	0.793
	=	0.85

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.

Zealand Pharma A/S's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.793	/	2.2
	=	0.36

Zealand Pharma A/S Change In Inventory Related Terms

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Zealand Pharma A/S (Zealand Pharma A/S) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Zealand Pharma A/S (OTCPK:ZLDPF) » Definitions » Change In Inventory

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ZEALc:UK 0NZU:UK ZEAL:Denmark 22Z:Germany

Address

Sydmarken 11, Soborg, DNK, DK-2860

Website

https://www.zealandpharma.com

Zealand Pharma A/S is a biotechnology company. It is focused on the discovery, design, and development of peptide-based medicines. The company's product pipeline includes three product candidates in clinical development: glepaglutide, which is being developed to treat short bowel syndrome or SBS; dasiglucagon formulated for use in a dual-hormone artificial pancreas system for diabetes management; and dasiglucagon for use in the treatment of congenital hyperinsulinism. The company has out-licensed a peptide program to Boehringer Ingelheim that has been moved ahead into early clinical development: a once-weekly novel dual-acting GLP-1/glucagon agonist for the treatment of obesity and/or Type 2 diabetes.