Zardoya Otis (XMAD:ZOT) Change In Inventory : €0.0 Mil (TTM As of Nov. 2021)

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What is Zardoya Otis Change In Inventory?

Zardoya Otis's change in inventory for the quarter that ended in Nov. 2021 was €0.0 Mil. It means Zardoya Otis's inventory stayed the same from Aug. 2021 to Nov. 2021 .

Zardoya Otis's change in inventory for the fiscal year that ended in Nov. 2021 was €-0.1 Mil. It means Zardoya Otis's inventory increased by €0.1 Mil from Nov. 2020 to Nov. 2021 .

Zardoya Otis's Total Inventories for the quarter that ended in Nov. 2021 was €29.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zardoya Otis's Days Inventory for the quarter that ended in Nov. 2021 was 21.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zardoya Otis's Inventory Turnover for the quarter that ended in Nov. 2021 was 4.34.

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. Zardoya Otis's Inventory-to-Revenue for the quarter that ended in Nov. 2021 was 0.07.

Zardoya Otis Change In Inventory Historical Data

The historical data trend for Zardoya Otis'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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Zardoya Otis Change In Inventory Chart

Zardoya Otis Annual Data

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Change In Inventory

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-6.00

-0.12

Zardoya Otis Quarterly Data
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Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Zardoya Otis 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 Nov. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Zardoya Otis (XMAD:ZOT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14.799	/	64.216	*	365 / 4
	=	21.03

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

Zardoya Otis's Inventory Turnover for the quarter that ended in Nov. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	64.216	/	14.799
	=	4.34

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.

Zardoya Otis's Inventory to Revenue for the quarter that ended in Nov. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.799	/	202.683
	=	0.07

Zardoya Otis Change In Inventory Related Terms

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Zardoya Otis (XMAD:ZOT) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zardoya Otis SA (XMAD:ZOT) » Definitions » Change In Inventory

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Address

C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033

Website

https://www.otis.com

Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

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