2G Energy AG (XTER:2GB) Change In Inventory : €-1.9 Mil (TTM As of Dec. 2023)

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What is 2G Energy AG Change In Inventory?

2G Energy AG's change in inventory for the quarter that ended in Dec. 2023 was €34.9 Mil. It means 2G Energy AG's inventory declined by €34.9 Mil from Jun. 2023 to Dec. 2023 .

2G Energy AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-1.9 Mil. It means 2G Energy AG's inventory increased by €1.9 Mil from Dec. 2022 to Dec. 2023 .

2G Energy AG's Total Inventories for the quarter that ended in Dec. 2023 was €134.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 2G Energy AG's Days Inventory for the quarter that ended in Dec. 2023 was 183.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. 2G Energy AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.99.

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. 2G Energy AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.

2G Energy AG Change In Inventory Historical Data

The historical data trend for 2G Energy 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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2G Energy AG Change In Inventory Chart

2G Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.22

-0.77

-10.47

-38.72

-1.89

2G Energy AG 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															7.06	-44.63	5.91	-36.76	34.87

2G Energy 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.9 Mil.

2G Energy AG (XTER:2GB) Change In Inventory Explanation

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

2G Energy 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
	=	151.734	/	150.633	*	365 / 2
	=	183.83

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

2G Energy AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	150.633	/	151.734
	=	0.99

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.

2G Energy AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	151.734	/	229.521
	=	0.66

2G Energy AG Change In Inventory Related Terms

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2G Energy AG (XTER:2GB) Business Description

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2GB:Germany 2GB:Germany

Address

Benzstrasse 3, Heek, NW, DEU, 48619

Website

https://www.2-g.de

2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

Executives

Dr. Lukas Lenz

Supervisory Board

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