Arteche Lantegi Elekartea (XMAD:ART) Change In Inventory : €-12.5 Mil (TTM As of Dec. 2023)

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What is Arteche Lantegi Elekartea Change In Inventory?

Arteche Lantegi Elekartea's change in inventory for the quarter that ended in Dec. 2023 was €3.1 Mil. It means Arteche Lantegi Elekartea's inventory declined by €3.1 Mil from Jun. 2023 to Dec. 2023 .

Arteche Lantegi Elekartea's change in inventory for the fiscal year that ended in Dec. 2023 was €-12.5 Mil. It means Arteche Lantegi Elekartea's inventory increased by €12.5 Mil from Dec. 2022 to Dec. 2023 .

Arteche Lantegi Elekartea's Total Inventories for the quarter that ended in Dec. 2023 was €81.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arteche Lantegi Elekartea's Days Inventory for the quarter that ended in Dec. 2023 was 134.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arteche Lantegi Elekartea's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.36.

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. Arteche Lantegi Elekartea's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Arteche Lantegi Elekartea Change In Inventory Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.
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Arteche Lantegi Elekartea Change In Inventory Chart

Arteche Lantegi Elekartea Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-8.01

5.68

-9.70

-10.37

-12.46

Arteche Lantegi Elekartea Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial				-4.53	-12.85	2.49	-15.60	3.14

Arteche Lantegi Elekartea 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 €-12.5 Mil.

Arteche Lantegi Elekartea (XMAD:ART) Change In Inventory Explanation

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

Arteche Lantegi Elekartea's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	83.6975	/	113.492	*	365 / 2
	=	134.59

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

Arteche Lantegi Elekartea's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	113.492	/	83.6975
	=	1.36

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.

Arteche Lantegi Elekartea's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	83.6975	/	213.21
	=	0.39

Arteche Lantegi Elekartea Change In Inventory Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arteche Lantegi Elekartea SA (XMAD:ART) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Derio Bidea 28, Bizkaia, Mungia, ESP, 48100

Website

https://www.arteche.com

Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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