Nordex SE (XTER:NDX1) Change In Inventory : €-163 Mil (TTM As of Dec. 2023)

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What is Nordex SE Change In Inventory?

Nordex SE's change in inventory for the quarter that ended in Dec. 2023 was €-21 Mil. It means Nordex SE's inventory increased by €21 Mil from Sep. 2023 to Dec. 2023 .

Nordex SE's change in inventory for the fiscal year that ended in Dec. 2023 was €-163 Mil. It means Nordex SE's inventory increased by €163 Mil from Dec. 2022 to Dec. 2023 .

Nordex SE's Total Inventories for the quarter that ended in Dec. 2023 was €1,133 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nordex SE's Days Inventory for the quarter that ended in Dec. 2023 was 63.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nordex SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.44.

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. Nordex SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.56.

Nordex SE Change In Inventory Historical Data

The historical data trend for Nordex SE'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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Nordex SE Change In Inventory Chart

Nordex SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-635.19

197.14

479.72

-380.67

-162.54

Nordex SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															19.05	-46.16	9.28	-104.90	-20.75

Nordex SE 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 quarterly data reported by the company within the most recent 12 months, which was €-163 Mil.

Nordex SE (XTER:NDX1) Change In Inventory Explanation

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

Nordex SE's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1135.691	/	1637.256	*	365 / 4
	=	63.30

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1637.256	/	1135.691
	=	1.44

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1135.691	/	2012.239
	=	0.56

Nordex SE Change In Inventory Related Terms

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Nordex SE (XTER:NDX1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordex SE (XTER:NDX1) » Definitions » Change In Inventory

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Traded in Other Exchanges

NRXXY:USA NRDXF:USA 1NDX:Italy NDX1d:UK 0MEC:UK NDX1:Austria

Address

Langenhorner Chaussee 600, Hamburg, DEU, 22419

Website

https://www.nordex-online.com

Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.

Executives

José Luis Blanco Diéguez	Board of Directors
Patxi Landa Esparza	Board of Directors

Nordex SE (XTER:NDX1) Headlines

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