Karat Packaging (FRA:0WJ) Change In Inventory : €-10.7 Mil (TTM As of Mar. 2024)

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What is Karat Packaging Change In Inventory?

Karat Packaging's change in inventory for the quarter that ended in Mar. 2024 was €-7.4 Mil. It means Karat Packaging's inventory increased by €7.4 Mil from Dec. 2023 to Mar. 2024 .

Karat Packaging's change in inventory for the fiscal year that ended in Dec. 2023 was €-3.5 Mil. It means Karat Packaging's inventory increased by €3.5 Mil from Dec. 2022 to Dec. 2023 .

Karat Packaging's Total Inventories for the quarter that ended in Mar. 2024 was €72.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Karat Packaging's Days Inventory for the quarter that ended in Mar. 2024 was 118.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Karat Packaging's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.

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. Karat Packaging's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.79.

Karat Packaging Change In Inventory Historical Data

The historical data trend for Karat Packaging'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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Karat Packaging Change In Inventory Chart

Karat Packaging Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-5.35

-11.37

-9.60

-15.30

-3.50

Karat Packaging 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															-0.19	-6.85	3.73	-0.16	-7.43

Karat Packaging 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 €-10.7 Mil.

Karat Packaging (FRA:0WJ) Change In Inventory Explanation

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

Karat Packaging's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	69.2605	/	53.37	*	365 / 4
	=	118.42

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	53.37	/	69.2605
	=	0.77

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	69.2605	/	87.964
	=	0.79

Karat Packaging Change In Inventory Related Terms

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Karat Packaging (FRA:0WJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Karat Packaging Inc (FRA:0WJ) » Definitions » Change In Inventory

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Traded in Other Exchanges

KRT:USA

Address

6185 Kimball Avenue, Chino, CA, USA, 91708

Website

https://www.karatpackaging.com

Karat Packaging Inc is engaged in the manufacturing and distribution of disposable products used in restaurants and food service settings. It offers products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. These products are available in plastic, paper, biopolymer-based and other compostable forms.

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