Tessenderlo Group NV (XBRU:TESB) Change In Inventory : €26 Mil (TTM As of Dec. 2023)

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What is Tessenderlo Group NV Change In Inventory?

Tessenderlo Group NV's change in inventory for the quarter that ended in Dec. 2023 was €17 Mil. It means Tessenderlo Group NV's inventory declined by €17 Mil from Jun. 2023 to Dec. 2023 .

Tessenderlo Group NV's change in inventory for the fiscal year that ended in Dec. 2023 was €26 Mil. It means Tessenderlo Group NV's inventory declined by €26 Mil from Dec. 2022 to Dec. 2023 .

Tessenderlo Group NV's Total Inventories for the quarter that ended in Dec. 2023 was €605 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tessenderlo Group NV's Days Inventory for the quarter that ended in Dec. 2023 was 107.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tessenderlo Group NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.70.

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. Tessenderlo Group NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Tessenderlo Group NV Change In Inventory Historical Data

The historical data trend for Tessenderlo Group NV'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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Tessenderlo Group NV Change In Inventory Chart

Tessenderlo Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-21.00

-27.70

-50.50

-160.60

25.70

Tessenderlo Group NV 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															-102.30	-59.80	-100.80	8.40	17.30

Tessenderlo Group NV 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 €26 Mil.

Tessenderlo Group NV (XBRU:TESB) Change In Inventory Explanation

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

Tessenderlo Group NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	635	/	1078.8	*	365 / 2
	=	107.42

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

Tessenderlo Group NV's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1078.8	/	635
	=	1.70

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.

Tessenderlo Group NV's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	635	/	1301.8
	=	0.49

Tessenderlo Group NV Change In Inventory Related Terms

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Tessenderlo Group NV (XBRU:TESB) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tessenderlo Group NV (XBRU:TESB) » Definitions » Change In Inventory

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Traded in Other Exchanges

0KCP:UK TEZ:Germany

Address

Troonstraat 130 Rue du Trone, Brussels, BEL, 1050

Website

https://www.tessenderlo.com

Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.

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