Energy Solar Tech (XMAD:ETC) Change In Inventory : €-0.15 Mil (TTM As of Dec. 2021)

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What is Energy Solar Tech Change In Inventory?

Energy Solar Tech's change in inventory for the quarter that ended in Dec. 2021 was €-0.15 Mil. It means Energy Solar Tech's inventory increased by €0.15 Mil from Dec. 2020 to Dec. 2021 .

Energy Solar Tech's change in inventory for the fiscal year that ended in Dec. 2021 was €-0.15 Mil. It means Energy Solar Tech's inventory increased by €0.15 Mil from Dec. 2020 to Dec. 2021 .

Energy Solar Tech's Total Inventories for the quarter that ended in Dec. 2021 was €0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Energy Solar Tech's Days Inventory for the quarter that ended in Dec. 2021 was 4.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Energy Solar Tech's Inventory Turnover for the quarter that ended in Dec. 2021 was 41.91.

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. Energy Solar Tech's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.02.

Energy Solar Tech Change In Inventory Historical Data

The historical data trend for Energy Solar Tech'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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Energy Solar Tech Change In Inventory Chart

Energy Solar Tech Annual Data

Trend

Dec20

Dec21

Change In Inventory

-0.15

Energy Solar Tech Semi-Annual Data
	Dec20	Dec21
Change In Inventory	-	-0.15

Energy Solar Tech Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2021 was €-0.15 Mil.

Energy Solar Tech (XMAD:ETC) Change In Inventory Explanation

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

Energy Solar Tech's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0755	/	3.164	*	365 / 2
	=	4.35

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

Energy Solar Tech's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.164	/	0.0755
	=	41.91

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.

Energy Solar Tech's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0755	/	4.232
	=	0.02

Energy Solar Tech Change In Inventory Related Terms

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Energy Solar Tech (XMAD:ETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Solar Tech SA (XMAD:ETC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

DH4:Germany

Address

C/ Ruso, 18, Las Rozas de Madrid, Madrid, ESP, 28290

Website

https://www.energysolartech.com

Energy Solar Tech SA is a technology company in the energy sector whose mission is to facilitate the migration of companies to renewable energies, The company offers its clients energy generation and efficiency technologies through its offer of energy Outsourcing services under the Energy As A Service model.

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