Inspire Medical Systems (STU:2DR) Change In Inventory : €-30.7 Mil (TTM As of Mar. 2024)

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What is Inspire Medical Systems Change In Inventory?

Inspire Medical Systems's change in inventory for the quarter that ended in Mar. 2024 was €-13.9 Mil. It means Inspire Medical Systems's inventory increased by €13.9 Mil from Dec. 2023 to Mar. 2024 .

Inspire Medical Systems's change in inventory for the fiscal year that ended in Dec. 2023 was €-20.2 Mil. It means Inspire Medical Systems's inventory increased by €20.2 Mil from Dec. 2022 to Dec. 2023 .

Inspire Medical Systems's Total Inventories for the quarter that ended in Mar. 2024 was €45.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inspire Medical Systems's Days Inventory for the quarter that ended in Mar. 2024 was 152.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inspire Medical Systems's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.

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. Inspire Medical Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Inspire Medical Systems Change In Inventory Historical Data

The historical data trend for Inspire Medical Systems'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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Inspire Medical Systems Change In Inventory Chart

Inspire Medical Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.85

-2.17

-7.75

5.05

-20.17

Inspire Medical Systems 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															-3.53	-4.78	-4.94	-7.13	-13.88

Inspire Medical Systems 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 €-30.7 Mil.

Inspire Medical Systems (STU:2DR) Change In Inventory Explanation

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

Inspire Medical Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	38.0645	/	22.776	*	365 / 4
	=	152.50

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.776	/	38.0645
	=	0.60

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	38.0645	/	150.889
	=	0.25

Inspire Medical Systems Change In Inventory Related Terms

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Inspire Medical Systems (STU:2DR) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspire Medical Systems Inc (STU:2DR) » Definitions » Change In Inventory

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INSP:USA 2DR:Germany

Address

5500 Wayzata Boulevard, Suite 1600, Golden Valley, MN, USA, 55416

Website

https://www.inspiresleep.com

Inspire Medical Systems Inc operates as a medical technology company. It focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. The firm has operating footprints in the United States and Europe wherein, it generates a majority of its revenue from the United States.

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