Acarix AB (OSTO:ACARIX) Change In Inventory : kr-1.21 Mil (TTM As of Mar. 2024)

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What is Acarix AB Change In Inventory?

Acarix AB's change in inventory for the quarter that ended in Mar. 2024 was kr-0.14 Mil. It means Acarix AB's inventory increased by kr0.14 Mil from Dec. 2023 to Mar. 2024 .

Acarix AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr-1.82 Mil. It means Acarix AB's inventory increased by kr1.82 Mil from Dec. 2022 to Dec. 2023 .

Acarix AB's Total Inventories for the quarter that ended in Mar. 2024 was kr6.99 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Acarix AB's Days Inventory for the quarter that ended in Mar. 2024 was 4,538.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Acarix AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.02.

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. Acarix AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.45.

Acarix AB Change In Inventory Historical Data

The historical data trend for Acarix AB'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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Acarix AB Change In Inventory Chart

Acarix AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.43

-0.58

-0.26

-1.52

-1.82

Acarix AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.75	-0.63	-0.85	0.41	-0.14

Acarix AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1.21 Mil.

Acarix AB (OSTO:ACARIX) Change In Inventory Explanation

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

Acarix AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.914	/	0.139	*	365 / 4
	=	4,538.87

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

Acarix AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.139	/	6.914
	=	0.02

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.

Acarix AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.914	/	1.552
	=	4.45

Acarix AB Change In Inventory Related Terms

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Acarix AB (OSTO:ACARIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Acarix AB (OSTO:ACARIX) » Definitions » Change In Inventory

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ACIXF:USA 7AC:Germany

Address

World Trade Center Malmo, Jungmansgatan 12, Malmo, SWE, 211 19

Website

https://www.acarix.com

Acarix AB is a Swedish medical technology company that develops innovative solutions for rapid AI-based exclusion of coronary artery disease (CAD). The CE-marked CADScor System, which has also received DeNovo approval from the FDA, is intended for patients experiencing chest pain with suspected coronary artery disease and is designed to help reduce millions of cases of unnecessary, invasive, and costly diagnostics. The CADScor System uses advanced acoustics and AI technology to non-invasively rule out CAD in less than 10 minutes, with at least 96% certainty.

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