Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Change In Inventory : €-36 Mil (TTM As of Dec. 2023)

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What is Motor Oil (Hellas) Corinth Refineries Change In Inventory?

Motor Oil (Hellas) Corinth Refineries's change in inventory for the quarter that ended in Dec. 2023 was €-19 Mil. It means Motor Oil (Hellas) Corinth Refineries's inventory increased by €19 Mil from Sep. 2023 to Dec. 2023 .

Motor Oil (Hellas) Corinth Refineries's change in inventory for the fiscal year that ended in Dec. 2023 was €-36 Mil. It means Motor Oil (Hellas) Corinth Refineries's inventory increased by €36 Mil from Dec. 2022 to Dec. 2023 .

Motor Oil (Hellas) Corinth Refineries's Total Inventories for the quarter that ended in Dec. 2023 was €1,031 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Motor Oil (Hellas) Corinth Refineries's Days Inventory for the quarter that ended in Dec. 2023 was 30.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Motor Oil (Hellas) Corinth Refineries's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.01.

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. Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.

Motor Oil (Hellas) Corinth Refineries Change In Inventory Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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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Motor Oil (Hellas) Corinth Refineries Change In Inventory Chart

Motor Oil (Hellas) Corinth Refineries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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11.12

14.68

-148.79

-310.41

-36.37

Motor Oil (Hellas) Corinth Refineries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-23.28	-38.76	53.23	-31.50	-19.34

Motor Oil (Hellas) Corinth Refineries 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 €-36 Mil.

Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Change In Inventory Explanation

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

Motor Oil (Hellas) Corinth Refineries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1021.5435	/	3079.377	*	365 / 4
	=	30.27

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

Motor Oil (Hellas) Corinth Refineries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3079.377	/	1021.5435
	=	3.01

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.

Motor Oil (Hellas) Corinth Refineries's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1021.5435	/	3347.876
	=	0.31

Motor Oil (Hellas) Corinth Refineries Change In Inventory Related Terms

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Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Motor Oil (Hellas) Corinth Refineries SA (FRA:MHZ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MOHCY:USA MOH:Greece 0MQT:UK MHZ:Germany

Address

12A, Irodou Attikou Street, Maroussi, GRC, 151 24

Website

https://www.moh.gr

Motor Oil (Hellas) Corinth Refineries SA operates a series of ancillary plants and offsite facilities that make up its refinery business. Its operations can process crude oils of various characteristics and produce a full range of petroleum products, complying with myriad international specifications. It serves major petroleum marketing companies in Greece and internationally. Motor Oil Hellas' production ranges from light ends and gasoline to middle distillates, fuel, bitumen, and lubricants. The company is one of very few in its region that produces and packages lubricants. Its base oils and lubricants are approved by several prominent international organizations.

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