Tubos Reunidos (XMAD:TRG) Change In Inventory : €15.1 Mil (TTM As of Dec. 2023)

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What is Tubos Reunidos Change In Inventory?

Tubos Reunidos's change in inventory for the quarter that ended in Dec. 2023 was €35.9 Mil. It means Tubos Reunidos's inventory declined by €35.9 Mil from Jun. 2023 to Dec. 2023 .

Tubos Reunidos's change in inventory for the fiscal year that ended in Dec. 2023 was €15.1 Mil. It means Tubos Reunidos's inventory declined by €15.1 Mil from Dec. 2022 to Dec. 2023 .

Tubos Reunidos's Total Inventories for the quarter that ended in Dec. 2023 was €107.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tubos Reunidos's Days Inventory for the quarter that ended in Dec. 2023 was 267.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tubos Reunidos's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.68.

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. Tubos Reunidos's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.

Tubos Reunidos Change In Inventory Historical Data

The historical data trend for Tubos Reunidos'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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Tubos Reunidos Change In Inventory Chart

Tubos Reunidos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.74

35.80

-41.13

-24.44

15.13

Tubos Reunidos Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-22.43	-23.01	-1.43	-20.80	35.93

Tubos Reunidos 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €15.1 Mil.

Tubos Reunidos (XMAD:TRG) Change In Inventory Explanation

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

Tubos Reunidos's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	128.4315	/	87.518	*	365 / 2
	=	267.82

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

Tubos Reunidos's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	87.518	/	128.4315
	=	0.68

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.

Tubos Reunidos's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	128.4315	/	200.237
	=	0.64

Tubos Reunidos Change In Inventory Related Terms

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Tubos Reunidos (XMAD:TRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tubos Reunidos SA (XMAD:TRG) » Definitions » Change In Inventory

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Traded in Other Exchanges

TU1:Germany

Address

Barrio de Sagarribai, 2, Amurrio, Alava, ESP, 01470

Website

http://www.tubosreunidos.com

Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.

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