Ignitis Group AB (FRA:IGV) Change In Inventory : €48 Mil (TTM As of Dec. 2024)

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What is Ignitis Group AB Change In Inventory?

Ignitis Group AB's change in inventory for the quarter that ended in Dec. 2024 was €45 Mil. It means Ignitis Group AB's inventory declined by €45 Mil from Sep. 2024 to Dec. 2024 .

Ignitis Group AB's change in inventory for the fiscal year that ended in Dec. 2024 was €48 Mil. It means Ignitis Group AB's inventory declined by €48 Mil from Dec. 2023 to Dec. 2024 .

Ignitis Group AB's Total Inventories for the quarter that ended in Dec. 2024 was €248 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ignitis Group AB's Days Inventory for the quarter that ended in Dec. 2024 was 52.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ignitis Group AB's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.75.

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. Ignitis Group AB's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.39.

Ignitis Group AB Change In Inventory Historical Data

The historical data trend for Ignitis Group 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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Ignitis Group AB Change In Inventory Chart

Ignitis Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-18.24

-129.60

-504.50

495.80

48.00

Ignitis Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															59.50	46.80	0.30	-44.20	45.10

Ignitis Group 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €48 Mil.

Ignitis Group AB (FRA:IGV) Change In Inventory Explanation

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

Ignitis Group 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
	=	270.55	/	474.2	*	365 / 4
	=	52.06

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

Ignitis Group AB's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	474.2	/	270.55
	=	1.75

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.

Ignitis Group AB's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	270.55	/	685.6
	=	0.39

Ignitis Group AB Change In Inventory Related Terms

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Ignitis Group AB Business Description

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IGN1L:Lithuania IGN:UK IGV0:Germany

Address

Laisves Avenue 10, Vilnius, LTU, LT-04215

Website

https://www.ignitisgrupe.lt

Ignitis Group AB is engaged in green electricity generation and development of green and flexible technologies, energy distribution and supply, development of energy-smart solutions and other related activities. It is focusing on green generation and green flexibility technologies: onshore and offshore wind, batteries, pumped-storage hydro and power-to-X (P2X). Its business segments include Green Capacities, Networks, Reserve Capacities, Customers & Solutions, and Others. The company derives maximum revenue from Customers & Solutions segment. Geographically, it operates in Lithuania, Poland, Latvia, Finland, Estonia and Other Countries, out of which Lithuania generates majority revenue.