Polytec Holding AG (LTS:0GOX) Change In Inventory : €-3.9 Mil (TTM As of Dec. 2023)

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What is Polytec Holding AG Change In Inventory?

Polytec Holding AG's change in inventory for the quarter that ended in Dec. 2023 was €2.2 Mil. It means Polytec Holding AG's inventory declined by €2.2 Mil from Sep. 2023 to Dec. 2023 .

Polytec Holding AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-3.9 Mil. It means Polytec Holding AG's inventory increased by €3.9 Mil from Dec. 2022 to Dec. 2023 .

Polytec Holding AG's Total Inventories for the quarter that ended in Dec. 2023 was €41.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Polytec Holding AG's Days Inventory for the quarter that ended in Dec. 2023 was 49.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polytec Holding AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.85.

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. Polytec Holding AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

Polytec Holding AG Change In Inventory Historical Data

The historical data trend for Polytec Holding 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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Polytec Holding AG Change In Inventory Chart

Polytec Holding AG Annual Data

Trend

Dec14

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Dec22

Dec23

Change In Inventory

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5.98

-4.87

-3.16

4.89

-3.94

Polytec Holding AG 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															4.45	-3.03	-1.89	-1.21	2.19

Polytec Holding 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 €-3.9 Mil.

Polytec Holding AG (LTS:0GOX) Change In Inventory Explanation

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

Polytec Holding 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
	=	42.4185	/	78.35	*	365 / 4
	=	49.40

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	78.35	/	42.4185
	=	1.85

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	42.4185	/	150.808
	=	0.28

Polytec Holding AG Change In Inventory Related Terms

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Polytec Holding AG (LTS:0GOX) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polytec Holding AG (LTS:0GOX) » Definitions » Change In Inventory

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P4N:Germany PYT:Austria

Address

Polytec-Strasse 1, Hoersching, AUT, 4063

Website

https://www.polytec-group.com

Polytec Holding AG is an Austria-based company focused on the automotive and plastics industry. It manufactures plastic parts globally. The operating segments are divided into four units namely Plastics, which supplies plastic components for the interior of passenger cars, engines, and the non-automotive industry. Composites provide exterior and engine parts for commercial and passenger vehicles. The car-Styling unit offers accessories, small parts, and systems for vehicles, and Industrial produces plastic molded components and others. It provides service in the field of injection molding, fiber-reinforced plastics, and the manufacturer of original accessory parts made of plastic and stainless steel. Geographical presence in Austria, Austria, UK, Sweden, Hungary, and Other countries.

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