Amryt Pharma (Amryt Pharma) Inventory Turnover : 0.31 (As of Sep. 2022)

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What is Amryt Pharma Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Amryt Pharma's Cost of Goods Sold for the three months ended in Sep. 2022 was $33.7 Mil. Amryt Pharma's Average Total Inventories for the quarter that ended in Sep. 2022 was $107.2 Mil. Amryt Pharma's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amryt Pharma's Days Inventory for the three months ended in Sep. 2022 was 290.27.

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. Amryt Pharma's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 1.75.

Amryt Pharma Inventory Turnover Historical Data

The historical data trend for Amryt Pharma's Inventory Turnover 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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Amryt Pharma Inventory Turnover Chart

Amryt Pharma Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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6.11

3.65

1.29

2.40

1.35

Amryt Pharma Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															0.39	0.27	0.26	0.27	0.31

Amryt Pharma Inventory Turnover Calculation

Amryt Pharma's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	106.119	/ (	(40.992	+	115.769)	/	2 )
=	106.119	/	78.3805
=	1.35

Amryt Pharma's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	33.703	/ (	(124.185	+	90.238)	/	2 )
=	33.703	/	107.2115
=	0.31

Amryt Pharma (NAS:AMYT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Amryt Pharma's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	107.2115	/	33.703	*	365 / 4
	=	290.27

2. 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.

Amryt Pharma's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	107.2115	/	61.126
	=	1.75

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Amryt Pharma Inventory Turnover Related Terms

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Amryt Pharma (Amryt Pharma) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Amryt Pharma PLC (NAS:AMYT) » Definitions » Inventory Turnover

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Address

196 High Road, Dept 920A, Wood Green, London, GBR, N22 8HH

Website

http://www.amrytpharma.com

Amryt Pharma PLC is a specialty pharmaceutical company. It is focused on developing and delivering new treatments to help improve the lives of patients with rare or orphan diseases. It holds an exclusive license to sell Lojuxta (lomitapide) for adults, across the European Union and other territories including the Middle East, North Africa, Turkey and Israel. Lojuxta is used to treat a rare life-threatening disease called Homozygous Familial Hypercholesterolemia. Myalept (metreleptin) is an adjunct to diet as replacement therapy to treat the complications of leptin deficiency in patients. It derives most of the revenue from the European Economic Area (EEA).