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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)

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To: scaram(o)uche who started this subject8/9/2002 12:16:52 PM
From: scaram(o)uche  Read Replies (2) of 724
 
Inventories decreased slightly to $15,074,000 at June 30, 2002 from $15,168,000
at December 31, 2001. Raw materials and sub-assemblies decreased 6.7% and
work-in-process decreased 29.8% while finished goods increased 19.7%. The
decrease in work-in-process was due primarily to the shipment of multiple,
sterilizable-in-place, fermentation systems during the period. The increase in
finished goods resulted primarily from increased inventories of freezers due to
the need to have adequate supplies available for sale in the United States, a
new freezer market for the Company, and due to a buildup of freezers in Europe
as a result of increased production relative to shipments during the quarter
ended June 30, 2002.


(10-Q is out)
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