Grab2Go AS (OTSE:GRB2G) Change In Inventory : €0.00 Mil (TTM As of Jun. 2023)

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What is Grab2Go AS Change In Inventory?

Grab2Go AS's change in inventory for the quarter that ended in Jun. 2023 was €0.00 Mil. It means Grab2Go AS's inventory stayed the same from Dec. 2022 to Jun. 2023 .

Grab2Go AS's change in inventory for the fiscal year that ended in Dec. 2022 was €0.00 Mil. It means Grab2Go AS's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Grab2Go AS's Total Inventories for the quarter that ended in Jun. 2023 was €0.07 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grab2Go AS's Days Inventory for the quarter that ended in Jun. 2023 was 12,227.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grab2Go AS's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.01.

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.

Grab2Go AS Change In Inventory Historical Data

The historical data trend for Grab2Go AS'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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Grab2Go AS Change In Inventory Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Change In Inventory

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Change In Inventory	-	-	-

Grab2Go AS 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 €0.00 Mil.

Grab2Go AS (OTSE:GRB2G) Change In Inventory Explanation

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

Grab2Go AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.067	/	0.001	*	365 / 2
	=	12,227.50

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

Grab2Go AS's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.001	/	0.067
	=	0.01

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.

Grab2Go AS's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.067	/	0
	=	N/A

Grab2Go AS Change In Inventory Related Terms

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Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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