Netia (NTIAF) Change In Inventory : $0.0 Mil (TTM As of Sep. 2021)

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What is Netia Change In Inventory?

Netia's change in inventory for the quarter that ended in Sep. 2021 was $0.0 Mil. It means Netia's inventory stayed the same from Jun. 2021 to Sep. 2021 .

Netia's change in inventory for the fiscal year that ended in Dec. 2020 was $0.0 Mil. It means Netia's inventory stayed the same from Dec. 2019 to Dec. 2020 .

Netia's Total Inventories for the quarter that ended in Sep. 2021 was $1.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Netia's Days Inventory for the quarter that ended in Sep. 2021 was 2.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Netia's Inventory Turnover for the quarter that ended in Sep. 2021 was 39.32.

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. Netia's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.02.

Netia Change In Inventory Historical Data

The historical data trend for Netia'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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Netia Change In Inventory Chart

Netia Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Inventory

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0.14

-0.21

-0.38

0.01

Netia Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Netia 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Netia (OTCPK:NTIAF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.24	/	48.761	*	365 / 4
	=	2.32

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

Netia's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.761	/	1.24
	=	39.32

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.

Netia's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.24	/	77.033
	=	0.02

Netia Change In Inventory Related Terms

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Netia (NTIAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Netia SA (OTCPK:NTIAF) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

ul. Poleczki 13, Warsaw, POL, 02-822

Website

http://www.netia.pl

Netia SA is a telecommunications company that sells products and services for both businesses and consumers in fields that include data transmission, voice transmission, and broadband Internet access. Netia operates in four major business segments, which include Home, Corporate, Carries, and small-office home-office (SOHO) & small to medium enterprise (SME). The company is primarily known for its fixed line network that extends across Poland's major cities. Additionally, the company offers Internet and television services. Netia generates nearly all of its revenue in Poland. Novator, an Icelandic company, has a significant stake in Netia.

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