Tangiamo Touch Technology AB (FRA:5J70) Change In Inventory : €0.11 Mil (TTM As of Jun. 2024)

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What is Tangiamo Touch Technology AB Change In Inventory?

Tangiamo Touch Technology AB's change in inventory for the quarter that ended in Jun. 2024 was €0.06 Mil. It means Tangiamo Touch Technology AB's inventory declined by €0.06 Mil from Mar. 2024 to Jun. 2024 .

Tangiamo Touch Technology AB's change in inventory for the fiscal year that ended in Dec. 2021 was €0.03 Mil. It means Tangiamo Touch Technology AB's inventory declined by €0.03 Mil from Dec. 2020 to Dec. 2021 .

Tangiamo Touch Technology AB's Total Inventories for the quarter that ended in Jun. 2024 was €0.35 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tangiamo Touch Technology AB's Days Inventory for the quarter that ended in Jun. 2024 was 565.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tangiamo Touch Technology AB's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.16.

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. Tangiamo Touch Technology AB's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 3.67.

Tangiamo Touch Technology AB Change In Inventory Historical Data

The historical data trend for Tangiamo Touch Technology AB'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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Tangiamo Touch Technology AB Change In Inventory Chart

Tangiamo Touch Technology AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

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-0.82

0.15

0.33

-0.07

0.03

Tangiamo Touch Technology AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															0.04	0.05	0.03	0.03	0.06

Tangiamo Touch Technology AB 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.11 Mil.

Tangiamo Touch Technology AB (FRA:5J70) Change In Inventory Explanation

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

Tangiamo Touch Technology AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.378	/	0.061	*	365 / 4
	=	565.45

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

Tangiamo Touch Technology AB's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.061	/	0.378
	=	0.16

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.

Tangiamo Touch Technology AB's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.378	/	0.103
	=	3.67

Tangiamo Touch Technology AB Change In Inventory Related Terms

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Tangiamo Touch Technology AB Business Description

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TANGI:Sweden

Address

Marieholmsgatan 10C, Gothenburg, SWE, 415 02

Website

https://www.tangiamo.com

Tangiamo Touch Technology AB designs, develops and manufactures multi-player gaming systems for casinos and arcades, electronic. The company operates in touch technology, electronic table games, and online gaming. Its software allows players to play on the tables from mobiles and tablets, either within the casino.

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