Azelis Group NV (Azelis Group NV) Change In Inventory : $135 Mil (TTM As of Dec. 2023)

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What is Azelis Group NV Change In Inventory?

Azelis Group NV's change in inventory for the quarter that ended in Dec. 2023 was $94 Mil. It means Azelis Group NV's inventory declined by $94 Mil from Jun. 2023 to Dec. 2023 .

Azelis Group NV's change in inventory for the fiscal year that ended in Dec. 2023 was $135 Mil. It means Azelis Group NV's inventory declined by $135 Mil from Dec. 2022 to Dec. 2023 .

Azelis Group NV's Total Inventories for the quarter that ended in Dec. 2023 was $614 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Azelis Group NV's Days Inventory for the quarter that ended in Dec. 2023 was 70.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Azelis Group NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.57.

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. Azelis Group NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

Azelis Group NV Change In Inventory Historical Data

The historical data trend for Azelis 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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Azelis Group NV Change In Inventory Chart

Azelis Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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14.81

1.49

-114.55

-69.65

134.79

Azelis Group NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial				-83.80	-86.98	17.52	40.25	94.28

Azelis 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 $135 Mil.

Azelis Group NV (OTCPK:AZLGF) Change In Inventory Explanation

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

Azelis 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
	=	659.004	/	1695.607	*	365 / 2
	=	70.93

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

Azelis 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
	=	1695.607	/	659.004
	=	2.57

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	659.004	/	2204.895
	=	0.30

Azelis Group NV Change In Inventory Related Terms

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Azelis Group NV (Azelis Group NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Azelis Group NV (OTCPK:AZLGF) » Definitions » Change In Inventory

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AZEb:UK 2R7:Germany AZE:Belgium

Address

Posthofbrug 12, Box 6, Antwerp, BEL, B-2600

Website

https://www.azelis.com

Azelis Group NV is a innovation service provider for the specialty chemicals and food ingredients industry. The company has its business operating segments namely Life Sciences and Industrial chemicals. Geographically, the company has its presence in EMEA, Americas and Asia Pacific.

Azelis Group NV (Azelis Group NV) Headlines

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