Turtle Beach (FRA:0P1A) Change In Inventory : €15.5 Mil (TTM As of Mar. 2024)

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What is Turtle Beach Change In Inventory?

Turtle Beach's change in inventory for the quarter that ended in Mar. 2024 was €-2.8 Mil. It means Turtle Beach's inventory increased by €2.8 Mil from Dec. 2023 to Mar. 2024 .

Turtle Beach's change in inventory for the fiscal year that ended in Dec. 2023 was €25.1 Mil. It means Turtle Beach's inventory declined by €25.1 Mil from Dec. 2022 to Dec. 2023 .

Turtle Beach's Total Inventories for the quarter that ended in Mar. 2024 was €64.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turtle Beach's Days Inventory for the quarter that ended in Mar. 2024 was 135.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turtle Beach's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.67.

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. Turtle Beach's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.02.

Turtle Beach Change In Inventory Historical Data

The historical data trend for Turtle Beach'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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Turtle Beach Change In Inventory Chart

Turtle Beach Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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6.54

-25.22

-28.53

20.86

25.07

Turtle Beach Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															6.64	-1.53	-9.79	29.64	-2.82

Turtle Beach 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €15.5 Mil.

Turtle Beach (FRA:0P1A) Change In Inventory Explanation

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

Turtle Beach's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	52.167	/	35.017	*	365 / 4
	=	135.94

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

Turtle Beach's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35.017	/	52.167
	=	0.67

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.

Turtle Beach's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52.167	/	51.38
	=	1.02

Turtle Beach Change In Inventory Related Terms

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Turtle Beach (FRA:0P1A) Business Description

Industry

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HEAR:USA 0P1A:Germany

Address

44 South Broadway, 4th Floor, White Plains, NY, USA, 10601

Website

https://corp.turtlebeach.com

Turtle Beach Corp is gaming audio and accessory brand offering a broad selection of gaming headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PC, Mac, and mobile/tablet devices. The company's portfolio includes gaming headsets, PC gaming headsets, PC gaming keyboards, PC gaming mice and other accessories which are distributed internationally in North America, Europe, the Middle East, Africa, Australia, and Asia sold at thousands of storefronts, including retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target and Walmart. Geographically, it generates majority revenue from North America.

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