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. Societal CDMO's Average Total Inventories for the quarter that ended in Dec. 2023 was $11.27 Mil. Societal CDMO's Revenue for the
three
months ended in Dec. 2023 was $27.72 Mil.
Societal CDMO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.
Societal CDMO's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.53) to Sep. 2023 (0.41)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Societal CDMO's Days Inventory for the
three
months ended in Dec. 2023 was 51.37.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Societal CDMO's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.78.
Societal CDMO Inventory-to-Revenue Historical Data
The historical data trend for Societal CDMO's Inventory-to-Revenue 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.
Competitive Comparison of Societal CDMO's Inventory-to-Revenue
For the Drug Manufacturers - Specialty & Generic subindustry, Societal CDMO's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Societal CDMO's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Societal CDMO's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Societal CDMO's Inventory-to-Revenue falls into.
Societal CDMO Inventory-to-Revenue Calculation
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.
Societal CDMO's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Societal CDMO's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Societal CDMO Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Societal CDMO's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Societal CDMO (Societal CDMO) Business Description
Societal CDMO Inc is a bi-coastal contract development and manufacturing organization. It offers capabilities spanning pre-Investigational New Drug development to commercial manufacturing and packaging for a wide range of therapeutic dosage forms primarily focused on small molecules. The company also provides therapeutic development, end-to-end regulatory support, clinical and commercial manufacturing, aseptic fill/finish, lyophilization, packaging, and logistics services to the global pharmaceutical market.
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