Fortinova Fastigheter AB (FRA:733) Change In Inventory : €0.00 Mil (TTM As of Sep. 2024)

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What is Fortinova Fastigheter AB Change In Inventory?

Fortinova Fastigheter AB's change in inventory for the quarter that ended in Sep. 2024 was €0.00 Mil. It means Fortinova Fastigheter AB's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Fortinova Fastigheter AB's change in inventory for the fiscal year that ended in Aug. 2021 was €0.00 Mil. It means Fortinova Fastigheter AB's inventory stayed the same from Aug. 2020 to Aug. 2021 .

Fortinova Fastigheter AB's Total Inventories for the quarter that ended in Sep. 2024 was €8.49 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fortinova Fastigheter AB's Days Inventory for the quarter that ended in Sep. 2024 was 300.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortinova Fastigheter AB's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.30.

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. Fortinova Fastigheter AB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.05.

Fortinova Fastigheter AB Change In Inventory Historical Data

The historical data trend for Fortinova Fastigheter 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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Fortinova Fastigheter AB Change In Inventory Chart

Fortinova Fastigheter AB Annual Data

Trend

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Change In Inventory

Fortinova Fastigheter AB Quarterly Data
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Fortinova Fastigheter 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Fortinova Fastigheter AB (FRA:733) Change In Inventory Explanation

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

Fortinova Fastigheter 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
	=	8.551	/	2.598	*	365 / 4
	=	300.34

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

Fortinova Fastigheter AB's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.598	/	8.551
	=	0.30

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.

Fortinova Fastigheter AB's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.551	/	8.174
	=	1.05

Fortinova Fastigheter AB Change In Inventory Related Terms

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Fortinova Fastigheter AB Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortinova Fastigheter AB (FRA:733) » Definitions » Change In Inventory

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FNOVA B:Sweden

Address

Norrgatan 10, Varberg, SWE, 432 41

Website

https://www.fortinova.se

Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.

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