Nuernberger Beteiligungs AG (XTER:NBG6) Change In Inventory : €0 Mil (TTM As of Dec. 2023)

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What is Nuernberger Beteiligungs AG Change In Inventory?

Nuernberger Beteiligungs AG's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means Nuernberger Beteiligungs AG's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Nuernberger Beteiligungs AG's change in inventory for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Nuernberger Beteiligungs AG's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Nuernberger Beteiligungs AG's Total Inventories for the quarter that ended in Dec. 2023 was €0 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.

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. Nuernberger Beteiligungs AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Nuernberger Beteiligungs AG Change In Inventory Historical Data

The historical data trend for Nuernberger Beteiligungs 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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Nuernberger Beteiligungs AG Change In Inventory Chart

Nuernberger Beteiligungs AG Annual Data

Trend

Dec14

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Dec23

Change In Inventory

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Nuernberger Beteiligungs AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Nuernberger Beteiligungs 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 semi-annually data reported by the company within the most recent 12 months, which was €0 Mil.

Nuernberger Beteiligungs AG (XTER:NBG6) Change In Inventory Explanation

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

Nuernberger Beteiligungs 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
	=	0	/	0	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2425.41
	=	0.00

Nuernberger Beteiligungs AG Change In Inventory Related Terms

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Nuernberger Beteiligungs AG (XTER:NBG6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nuernberger Beteiligungs AG (XTER:NBG6) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

NBG6:Germany NBG6:Germany NBG6:Germany

Address

Ostendstrasse 100, Nuernberg, DEU, 90334

Website

http://www.nuernberger.de

Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.

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