CleanGo Innovations (FRA:APO) Change In Inventory : €-0.00 Mil (TTM As of Dec. 2023)

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What is CleanGo Innovations Change In Inventory?

CleanGo Innovations's change in inventory for the quarter that ended in Dec. 2023 was €0.00 Mil. It means CleanGo Innovations's inventory stayed the same from Sep. 2023 to Dec. 2023 .

CleanGo Innovations's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.00 Mil. It means CleanGo Innovations's inventory increased by €0.00 Mil from Dec. 2022 to Dec. 2023 .

CleanGo Innovations's Total Inventories for the quarter that ended in Dec. 2023 was €0.05 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CleanGo Innovations's Days Inventory for the quarter that ended in Dec. 2023 was 160.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. CleanGo Innovations's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.57.

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. CleanGo Innovations's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.19.

CleanGo Innovations Change In Inventory Historical Data

The historical data trend for CleanGo Innovations'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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CleanGo Innovations Change In Inventory Chart

CleanGo Innovations Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.13

-0.01

0.10

CleanGo Innovations Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															0.10	-	-	-	-

CleanGo Innovations 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 quarterly data reported by the company within the most recent 12 months, which was €-0.00 Mil.

CleanGo Innovations (FRA:APO) Change In Inventory Explanation

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

CleanGo Innovations's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.051	/	0.029	*	365 / 4
	=	160.47

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

CleanGo Innovations's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.029	/	0.051
	=	0.57

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.

CleanGo Innovations's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.051	/	0.043
	=	1.19

CleanGo Innovations Change In Inventory Related Terms

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CleanGo Innovations (FRA:APO) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » CleanGo Innovations Inc (FRA:APO) » Definitions » Change In Inventory

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CLGOF:USA CGII:Canada

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.cleangogreengo.com

CleanGo Innovations Inc is to manufacture and sells cleaning, disinfecting and industrial solutions using a proprietary formulation that is non-toxic, biodegradable, and uses no harsh chemicals to provide a green cleaning, disinfecting, and emulsifying solution. This Company also manufactures hand sanitizer gel and wipes which are sold throughout the USA and Canada.