Mittel SpA (MIL:MIT) Change In Inventory : €-0.2 Mil (TTM As of Dec. 2023)

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What is Mittel SpA Change In Inventory?

Mittel SpA's change in inventory for the quarter that ended in Dec. 2023 was €1.7 Mil. It means Mittel SpA's inventory declined by €1.7 Mil from Jun. 2023 to Dec. 2023 .

Mittel SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.2 Mil. It means Mittel SpA's inventory increased by €0.2 Mil from Dec. 2022 to Dec. 2023 .

Mittel SpA's Total Inventories for the quarter that ended in Dec. 2023 was €70.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mittel SpA's Days Inventory for the quarter that ended in Dec. 2023 was 328.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mittel SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.56.

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. Mittel SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.77.

Mittel SpA Change In Inventory Historical Data

The historical data trend for Mittel SpA'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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Mittel SpA Change In Inventory Chart

Mittel SpA Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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14.74

2.05

9.86

9.60

-0.24

Mittel SpA Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															11.34	-0.30	9.90	-1.95	1.71

Mittel SpA 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.2 Mil.

Mittel SpA (MIL:MIT) Change In Inventory Explanation

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

Mittel SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	69.1095	/	38.452	*	365 / 2
	=	328.01

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

Mittel SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.452	/	69.1095
	=	0.56

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.

Mittel SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	69.1095	/	89.44
	=	0.77

Mittel SpA Change In Inventory Related Terms

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Mittel SpA (MIL:MIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mittel SpA (MIL:MIT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Borromei, 5, Milan, ITA, 20123

Website

http://www.mittel.it

Mittel SpA is an investment-merchant bank company. It operates through Private Equity and Investments Sector, Advisory Services, and Real Estate Sector.

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