Balco Group AB (OSTO:BALCO) Change In Inventory : kr6 Mil (TTM As of Mar. 2024)

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What is Balco Group AB Change In Inventory?

Balco Group AB's change in inventory for the quarter that ended in Mar. 2024 was kr-5 Mil. It means Balco Group AB's inventory increased by kr5 Mil from Dec. 2023 to Mar. 2024 .

Balco Group AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr7 Mil. It means Balco Group AB's inventory declined by kr7 Mil from Dec. 2022 to Dec. 2023 .

Balco Group AB's Total Inventories for the quarter that ended in Mar. 2024 was kr74 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balco Group AB's Days Inventory for the quarter that ended in Mar. 2024 was 22.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Balco Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.13.

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. Balco Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

Balco Group AB Change In Inventory Historical Data

The historical data trend for Balco Group AB'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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Balco Group AB Change In Inventory Chart

Balco Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.42

0.37

-18.04

-4.61

7.39

Balco Group AB 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															-3.10	2.40	0.80	7.19	-4.70

Balco Group AB 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 kr6 Mil.

Balco Group AB (OSTO:BALCO) Change In Inventory Explanation

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

Balco Group AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	62.696	/	259.1	*	365 / 4
	=	22.08

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

Balco Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	259.1	/	62.696
	=	4.13

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.

Balco Group AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	62.696	/	326.4
	=	0.19

Balco Group AB Change In Inventory Related Terms

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Balco Group AB (OSTO:BALCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Balco Group AB (OSTO:BALCO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

B9C:Germany

Address

Algvagen 4, Vaxjo, SWE, 352 45

Website

https://www.balcogroup.se

Balco Group AB provides expertise in supplying glazed balconies and balcony solutions. It offers customer-adapted and balcony solutions to tenant-owner associations, the public housing sector, private landlords, and construction companies. Its operating segment includes Renovation, New Build, and others. It generates maximum revenue from the Renovation segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in Germany, Norway, Denmark the United Kingdom, Netherlands, Finland, and Switzerland.

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