Allurion Technologies (Allurion Technologies) Change In Inventory : $-2.93 Mil (TTM As of Mar. 2024)

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What is Allurion Technologies Change In Inventory?

Allurion Technologies's change in inventory for the quarter that ended in Mar. 2024 was $0.33 Mil. It means Allurion Technologies's inventory declined by $0.33 Mil from Dec. 2023 to Mar. 2024 .

Allurion Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $-3.71 Mil. It means Allurion Technologies's inventory increased by $3.71 Mil from Dec. 2022 to Dec. 2023 .

Allurion Technologies's Total Inventories for the quarter that ended in Mar. 2024 was $5.63 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allurion Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 213.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Allurion Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.43.

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. Allurion Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

Allurion Technologies Change In Inventory Historical Data

The historical data trend for Allurion Technologies'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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Allurion Technologies Change In Inventory Chart

Allurion Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

-1.29

-1.15

-3.71

Allurion Technologies Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial					-0.45	-1.02	0.57	-2.81	0.33

Allurion Technologies 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 $-2.93 Mil.

Allurion Technologies (NYSE:ALUR) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.901	/	2.52	*	365 / 4
	=	213.68

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.52	/	5.901
	=	0.43

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.901	/	9.386
	=	0.63

Allurion Technologies Change In Inventory Related Terms

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Allurion Technologies (Allurion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Allurion Technologies Inc (NYSE:ALUR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

11 Huron Drive, Natick, MA, USA, 01760

Website

Allurion Technologies Inc is a leading medical device company that focuses on creating a best-in-class weight loss platform to treat overweight patients. Its platform, the Allurion Program, features the world's first and only swallowable, procedure-less intragastric balloon for weight loss and offers access to AI-powered remote patient monitoring tools, a proprietary behavior change program, secure messaging, and video telehealth that are delivered by the Allurion VCS. Its proprietary intragastric balloon, the Allurion Balloon, is in the form of a swallowed capsule that is administered to patients under the guidance of a healthcare provider without surgery, endoscopy, or anesthesia.

Executives

Omar Ishrak	director	710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Nicholas Sheridan Lewin	director	3 WEST 57TH ST., 8TH FLOOR, NEW YORK NY 10019
Krishna K. Gupta	director, 10 percent owner	307 HARVARD ST, CAMBRIDGE MA 02139
Christopher J Geberth	officer: Chief Financial Officer	11 HURON DRIVE, SUITE 200, NATICK MA 01760
Michael R Davin	director	C/O CYNOSURE, INC., 5 CARLISLE ROAD, WESTFORD MA 01886
Larson Douglas Hudson	director	11 HURON DRIVE, SUITE 200, NATICK MA 01760
Benoit Chardon	officer: Chief Commercial Officer	11 HURON DRIVE, SUITE 200, NATICK MA 01760
Shantanu Gaur	director, officer: Chief Executive Officer	11 HURON DRIVE, SUITE 200, NATICK MA 01760
Ram Chuttani	officer: Chief Medical Officer	11 HURON DRIVE, SUITE 200, NATICK MA 01760