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GomSpace Group AB (OSTO:GOMX) Change In Inventory : kr-18.1 Mil (TTM As of Sep. 2023)


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What is GomSpace Group AB Change In Inventory?

GomSpace Group AB's change in inventory for the quarter that ended in Sep. 2023 was kr3.0 Mil. It means GomSpace Group AB's inventory declined by kr3.0 Mil from Jun. 2023 to Sep. 2023 .

GomSpace Group AB's change in inventory for the fiscal year that ended in Dec. 2022 was kr-6.8 Mil. It means GomSpace Group AB's inventory increased by kr6.8 Mil from Dec. 2021 to Dec. 2022 .

GomSpace Group AB's Total Inventories for the quarter that ended in Sep. 2023 was kr63.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GomSpace Group AB's Days Inventory for the quarter that ended in Sep. 2023 was 104.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. GomSpace Group AB's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.87.

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. GomSpace Group AB's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.98.


GomSpace Group AB Change In Inventory Historical Data

The historical data trend for GomSpace Group 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.

* Premium members only.

GomSpace Group AB Change In Inventory Chart

GomSpace Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only -24.66 -11.37 -3.16 -8.99 -6.85

GomSpace Group AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.30 -1.91 5.27 -24.41 2.97

GomSpace Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-18.1 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.


GomSpace Group AB  (OSTO:GOMX) Change In Inventory Explanation

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

GomSpace Group 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
=66.305/57.628*365 / 4
=104.99

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

GomSpace Group AB's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

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.

GomSpace Group AB's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

* 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.


GomSpace Group AB Change In Inventory Related Terms

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GomSpace Group AB (OSTO:GOMX) Business Description

Traded in Other Exchanges
Address
Ulls Vag 29A, Uppsala, SWE, SE-756 51
GomSpace Group AB develops and commercializes nano-satellites. It provides turn-key solutions to enable space-based businesses including solutions for IoT, communication, tracking, surveillance, and remote sensing. The company also offers professional nano-satellite turn-key solutions, platforms, commercial off the shelf sub-systems, software modules, and off-the-shelf payloads for tracking or deliver payloads to customer requirements based on radio technology building blocks. Its business areas are Academia, Commercial, Defense, and Science operating geographically in Sweden, Denmark, other parts of Europe, the United States, Asia and Rest of the world. The company earns Majority of its revenue comes from Denmark.

GomSpace Group AB (OSTO:GOMX) Headlines

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