VBG Group AB (OSTO:VBG B) Change In Inventory : kr90 Mil (TTM As of Mar. 2024)

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What is VBG Group AB Change In Inventory?

VBG Group AB's change in inventory for the quarter that ended in Mar. 2024 was kr38 Mil. It means VBG Group AB's inventory declined by kr38 Mil from Dec. 2023 to Mar. 2024 .

VBG Group AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr93 Mil. It means VBG Group AB's inventory declined by kr93 Mil from Dec. 2022 to Dec. 2023 .

VBG Group AB's Total Inventories for the quarter that ended in Mar. 2024 was kr1,043 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VBG Group AB's Days Inventory for the quarter that ended in Mar. 2024 was 92.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. VBG Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.98.

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. VBG Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

VBG Group AB Change In Inventory Historical Data

The historical data trend for VBG 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.

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VBG Group AB Change In Inventory Chart

VBG Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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11.58

29.97

-195.44

-201.43

92.79

VBG Group 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															40.50	-13.70	-3.90	69.89	37.60

VBG 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr90 Mil.

VBG Group AB (OSTO:VBG B) Change In Inventory Explanation

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

VBG 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
	=	1040.872	/	1023	*	365 / 4
	=	92.84

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1023	/	1040.872
	=	0.98

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1040.872	/	1535
	=	0.68

VBG Group AB Change In Inventory Related Terms

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VBG Group AB (OSTO:VBG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VBG Group AB (OSTO:VBG B) » Definitions » Change In Inventory

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Traded in Other Exchanges

KU4:Germany

Address

Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34

Website

https://www.vbggroup.com

VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

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