ITM Power (FRA:IJ8) Change In Inventory : €-34.19 Mil (TTM As of Oct. 2023)

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What is ITM Power Change In Inventory?

ITM Power's change in inventory for the quarter that ended in Oct. 2023 was €-20.75 Mil. It means ITM Power's inventory increased by €20.75 Mil from Apr. 2023 to Oct. 2023 .

ITM Power's change in inventory for the fiscal year that ended in Apr. 2023 was €-30.26 Mil. It means ITM Power's inventory increased by €30.26 Mil from Apr. 2022 to Apr. 2023 .

ITM Power's Total Inventories for the quarter that ended in Oct. 2023 was €88.62 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ITM Power's Days Inventory for the quarter that ended in Oct. 2023 was 722.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. ITM Power's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.25.

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. ITM Power's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 7.59.

ITM Power Change In Inventory Historical Data

The historical data trend for ITM Power'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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ITM Power Change In Inventory Chart

ITM Power Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

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-1.45

-2.89

-2.30

-30.88

-30.26

ITM Power Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Inventory	Get a 7-Day Free Trial															-6.29	-24.51	-17.04	-13.44	-20.75

ITM Power 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-34.19 Mil.

ITM Power (FRA:IJ8) Change In Inventory Explanation

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

ITM Power's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	77.721	/	19.642	*	365 / 2
	=	722.13

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

ITM Power's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.642	/	77.721
	=	0.25

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.

ITM Power's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	77.721	/	10.246
	=	7.59

ITM Power Change In Inventory Related Terms

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ITM Power (FRA:IJ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITM Power PLC (FRA:IJ8) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

ITMPF:USA ITM.GB:UK ITM:UK IJ8:Germany

Address

2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ

Website

https://www.itm-power.com

ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.

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