Creotech Instruments (FRA:5OB) Change In Inventory : €0.38 Mil (TTM As of Sep. 2024)

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What is Creotech Instruments Change In Inventory?

Creotech Instruments's change in inventory for the quarter that ended in Sep. 2024 was €0.08 Mil. It means Creotech Instruments's inventory declined by €0.08 Mil from Jun. 2024 to Sep. 2024 .

Creotech Instruments's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.14 Mil. It means Creotech Instruments's inventory increased by €0.14 Mil from Dec. 2022 to Dec. 2023 .

Creotech Instruments's Total Inventories for the quarter that ended in Sep. 2024 was €2.44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Creotech Instruments's Days Inventory for the quarter that ended in Sep. 2024 was 396.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Creotech Instruments's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.23.

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. Creotech Instruments's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.87.

Creotech Instruments Change In Inventory Historical Data

The historical data trend for Creotech Instruments'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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Creotech Instruments Change In Inventory Chart

Creotech Instruments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.10

0.20

-0.36

-1.16

-0.14

Creotech Instruments Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial													0.08	0.56	-0.16	-0.10	0.08

Creotech Instruments 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.38 Mil.

Creotech Instruments (FRA:5OB) Change In Inventory Explanation

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

Creotech Instruments's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.4845	/	0.572	*	365 / 4
	=	396.35

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

Creotech Instruments's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.572	/	2.4845
	=	0.23

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.

Creotech Instruments's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.4845	/	0.867
	=	2.87

Creotech Instruments Change In Inventory Related Terms

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Creotech Instruments Business Description

Industry

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Traded in Other Exchanges

CRI:Poland

Address

Gen. L. Okulickiego 7/9, Piaseczno, POL, 05-500

Website

https://www.creotech.pl

Creotech Instruments SA is a provider of advanced space technologies, specialized electronics, and hardware with global applications in areas such as quantum computers, quantum cryptography, quantum physics, and high energy physics laboratories. Its five primary business segments are: NewSpace dedicated to developing a satellite platform and its components; Earth Observation dedicated to developing Earth Observation systems and UAV technology (Unmanned Aerial Vehicle); Science dedicated to developing specialized electronics and components for quantum computers and time synchronization systems; Production dedicated to the manufacture of electronics; ESA Projects dedicated chiefly to projects carried in partnership with or/and commissioned by the European Space Agency (ESA).

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