Erato Energy (WAR:ERA) Change In Inventory : zł2.71 Mil (TTM As of Mar. 2024)

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What is Erato Energy Change In Inventory?

Erato Energy's change in inventory for the quarter that ended in Mar. 2024 was zł0.09 Mil. It means Erato Energy's inventory declined by zł0.09 Mil from Dec. 2023 to Mar. 2024 .

Erato Energy's change in inventory for the fiscal year that ended in Dec. 2023 was zł2.42 Mil. It means Erato Energy's inventory declined by zł2.42 Mil from Dec. 2022 to Dec. 2023 .

Erato Energy's Total Inventories for the quarter that ended in Mar. 2024 was zł1.13 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Erato Energy's Days Inventory for the quarter that ended in Mar. 2024 was 142.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Erato Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.

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. Erato Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.

Erato Energy Change In Inventory Historical Data

The historical data trend for Erato Energy'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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Erato Energy Change In Inventory Chart

Erato Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.57

-4.43

5.63

2.42

Erato Energy 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															-0.20	-0.81	1.08	2.35	0.09

Erato Energy 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 zł2.71 Mil.

Erato Energy (WAR:ERA) Change In Inventory Explanation

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

Erato Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.214	/	0.78	*	365 / 4
	=	142.02

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.78	/	1.214
	=	0.64

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.214	/	1.326
	=	0.92

Erato Energy Change In Inventory Related Terms

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Erato Energy (WAR:ERA) Business Description

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Address

Szeligowska 42, Warszawa, POL, 01-320

Website

https://www.eratoenergy.pl

Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security.