MediClin AG (XTER:MED) Change In Inventory : €0.0 Mil (TTM As of Dec. 2023)

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What is MediClin AG Change In Inventory?

MediClin AG's change in inventory for the quarter that ended in Dec. 2023 was €0.0 Mil. It means MediClin AG's inventory stayed the same from Sep. 2023 to Dec. 2023 .

MediClin AG's change in inventory for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means MediClin AG's inventory stayed the same from Dec. 2022 to Dec. 2023 .

MediClin AG's Total Inventories for the quarter that ended in Dec. 2023 was €7.3 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. MediClin AG's Inventory Turnover for the quarter that ended in Dec. 2023 was -2.49.

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. MediClin AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

MediClin AG Change In Inventory Historical Data

The historical data trend for MediClin AG'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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MediClin AG Change In Inventory Chart

MediClin AG Annual Data

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Change In Inventory

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MediClin AG Quarterly Data
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Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

MediClin AG 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 quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

MediClin AG (XTER:MED) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.786	/	-19.386	*	365 / 4
	=	N/A

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

MediClin AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-19.386	/	7.786
	=	-2.49

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.

MediClin AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.786	/	182.964
	=	0.04

MediClin AG Change In Inventory Related Terms

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MediClin AG (XTER:MED) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MediClin AG (XTER:MED) » Definitions » Change In Inventory

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MED:Germany MED:Germany

Address

Okenstrasse 27, Offenburg, DEU, 77652

Website

https://www.mediclin.de

MediClin AG is a company engaged in operating hospitals. It is focused on providing services in the areas of neurosciences and psychological sciences as well as orthopedics in Germany. The hospitals are acute-care hospitals providing basic, standard, and specialized care, as well as specialist clinics for medical rehabilitation. The operating segments of the group are Post-acute, Acute and Other activities. It generates majority of the revenue from the Post-acute segment in which the firm offers services in the fields of subsequent nursing treatment and curative treatment. Subsequent nursing treatment starts after acute care treatment and includes all medical measures required to facilitate the healing process and return the patient to a functioning state.