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Defence Tech Holding SpA (MIL:DTH) Change In Inventory : €-0.26 Mil (TTM As of Jun. 2023)


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What is Defence Tech Holding SpA Change In Inventory?

Defence Tech Holding SpA's change in inventory for the quarter that ended in Jun. 2023 was €-0.09 Mil. It means Defence Tech Holding SpA's inventory increased by €0.09 Mil from Dec. 2022 to Jun. 2023 .

Defence Tech Holding SpA's change in inventory for the fiscal year that ended in Dec. 2022 was €-0.25 Mil. It means Defence Tech Holding SpA's inventory increased by €0.25 Mil from Dec. 2021 to Dec. 2022 .

Defence Tech Holding SpA's Total Inventories for the quarter that ended in Jun. 2023 was €0.29 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Defence Tech Holding SpA's Days Inventory for the quarter that ended in Jun. 2023 was 21.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Defence Tech Holding SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 8.39.

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. Defence Tech Holding SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.07.

Defence Tech Holding SpA Change In Inventory Historical Data

The historical data trend for Defence Tech Holding SpA'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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Defence Tech Holding SpA Change In Inventory Chart

Defence Tech Holding SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Inventory
- -0.04 -0.26 -0.25

Defence Tech Holding SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Change In Inventory Get a 7-Day Free Trial -0.08 -0.18 -0.08 -0.17 -0.09

Defence Tech Holding SpA 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 €-0.26 Mil.

* 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.

Defence Tech Holding SpA  (MIL:DTH) Change In Inventory Explanation

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

Defence Tech Holding SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.6595/5.534*365 / 2
=21.75

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

Defence Tech Holding SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.534 / 0.6595
=8.39

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.

Defence Tech Holding SpA's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.6595 / 9.903
=0.07

* 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.

Defence Tech Holding SpA Change In Inventory Related Terms

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Defence Tech Holding SpA (MIL:DTH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Defence Tech Holding SpA (MIL:DTH) » Definitions » Change In Inventory
Comparable Companies
MIL:OS MIL:AVIO MIL:PAG RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM
Traded in Other Exchanges
65F:Germany
Address
Via Giacomo Peroni, 452, Rome, ITA, 00131
Website
https://www.defencetech.it
Defence Tech Holding SpA operates in the cyber security, big data, intelligence, space and national defense sectors through the design, construction and certification of information management systems.