Noratis AG (HAM:NUVA) Change In Inventory : €-31.64 Mil (TTM As of Jun. 2023)

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What is Noratis AG Change In Inventory?

Noratis AG's change in inventory for the quarter that ended in Jun. 2023 was €9.37 Mil. It means Noratis AG's inventory declined by €9.37 Mil from Dec. 2022 to Jun. 2023 .

Noratis AG's change in inventory for the fiscal year that ended in Dec. 2022 was €-28.68 Mil. It means Noratis AG's inventory increased by €28.68 Mil from Dec. 2021 to Dec. 2022 .

Noratis AG's Total Inventories for the quarter that ended in Jun. 2023 was €441.72 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Noratis AG's Days Inventory for the quarter that ended in Jun. 2023 was 3,700.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Noratis AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.05.

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. Noratis AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 13.39.

Noratis AG Change In Inventory Historical Data

The historical data trend for Noratis 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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Noratis AG Change In Inventory Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-99.82

-62.18

-90.38

-96.32

-28.68

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial											-30.64	-65.68	12.33	-41.00	9.37

Noratis 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-31.64 Mil.

Noratis AG (HAM:NUVA) Change In Inventory Explanation

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

Noratis 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
	=	448.267	/	22.108	*	365 / 2
	=	3,700.41

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.108	/	448.267
	=	0.05

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	448.267	/	33.479
	=	13.39

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Noratis AG (HAM:NUVA) Business Description

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NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.