Ekotechnika AG (XTER:ETE) Change In Inventory : €-35.6 Mil (TTM As of Sep. 2023)

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What is Ekotechnika AG Change In Inventory?

Ekotechnika AG's change in inventory for the quarter that ended in Sep. 2023 was €-6.8 Mil. It means Ekotechnika AG's inventory increased by €6.8 Mil from Mar. 2023 to Sep. 2023 .

Ekotechnika AG's change in inventory for the fiscal year that ended in Sep. 2023 was €-35.6 Mil. It means Ekotechnika AG's inventory increased by €35.6 Mil from Sep. 2022 to Sep. 2023 .

Ekotechnika AG's Total Inventories for the quarter that ended in Sep. 2023 was €59.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ekotechnika AG's Days Inventory for the quarter that ended in Sep. 2023 was 191.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ekotechnika AG's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.95.

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. Ekotechnika AG's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.71.

Ekotechnika AG Change In Inventory Historical Data

The historical data trend for Ekotechnika AG'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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Ekotechnika AG Change In Inventory Chart

Ekotechnika AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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-5.35

-17.18

-1.26

3.00

-35.56

Ekotechnika AG Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial													18.13	-6.43	9.43	-28.77	-6.78

Ekotechnika AG 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 semi-annually data reported by the company within the most recent 12 months, which was €-35.6 Mil.

Ekotechnika AG (XTER:ETE) Change In Inventory Explanation

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

Ekotechnika AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	61.416	/	58.535	*	365 / 2
	=	191.48

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

Ekotechnika AG's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	58.535	/	61.416
	=	0.95

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.

Ekotechnika AG's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	61.416	/	87.076
	=	0.71

Ekotechnika AG Change In Inventory Related Terms

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Ekotechnika AG (XTER:ETE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ekotechnika AG (XTER:ETE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Johann-Jakob-Astor-Strasse 49, Walldorf, BW, DEU, 69190

Website

https://www.ekotechnika.de

Ekotechnika AG is a dealer of agricultural machinery. The company offers tractors, milking machines, spare parts, customer service and smart farming. Its business segments are classified into new machinery, spare parts, service, and smart farming. Its geographical segments include the Central region, Black earth region, and Siberian region. Majority of its revenue derived from Central region segment.

Executives

Lars Bjarne Buwitt

Supervisory Board

Ekotechnika AG (XTER:ETE) Headlines

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