iQ International AG (FRA:IQL) Change In Inventory: €0.30 Mil (TTM As of Jun. 2020)

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FRA:IQL iQ International AG FRA:IQL
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What is iQ International AG Change In Inventory?

iQ International AG FRA:IQL -26.67% 10 Change In Inventory is €0.30 Mil as of Jun. 2020. GuruFocus rates FRA:IQL with a GF Score™ of 10/100.

iQ International AG's change in inventory for the quarter that ended in Jun. 2020 was €0.30 Mil. It means iQ International AG's inventory declined by €0.30 Mil from Jun. 2019 to Jun. 2020 .

iQ International AG's change in inventory for the fiscal year that ended in Dec. 2018 was €-0.34 Mil. It means iQ International AG's inventory increased by €0.34 Mil from Dec. 2017 to Dec. 2018 .

iQ International AG's Total Inventories for the quarter that ended in Jun. 2020 was €1.31 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iQ International AG's Days Inventory for the quarter that ended in Jun. 2020 was 27.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. iQ International AG's Inventory Turnover for the quarter that ended in Jun. 2020 was 6.55.

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. iQ International AG's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.17.

iQ International AG  (FRA:IQL) Change In Inventory Explanation

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

iQ International AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.6535/4.278*365 / 2
=27.88

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

iQ International AG's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.278 / 0.6535
=6.55

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.

iQ International AG's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.6535 / 3.809
=0.17

* 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.

iQ International AG Change In Inventory Related Terms

iQ International AG Change In Inventory Historical Data

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The historical data trend for iQ International AG'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.

iQ International AG Change In Inventory Chart

iQ International AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.10 -0.34

iQ International AG Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Jun20
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.23 0.30
FRA:IQL
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iQ International AG FRA:IQL
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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iQ International AG 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.30 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €0.30 Mil mean?
iQ International AG (FRA:IQL) has a Change In Inventory of €0.30 Mil as of Jun. 2020. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for iQ International AG and its competitors.
Is iQ International AG's Change In Inventory too high?
iQ International AG's current Change In Inventory is €0.30 Mil. Overall, iQ International AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does iQ International AG's Change In Inventory compare to competitors?
iQ International AG's Change In Inventory of €0.30 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for iQ International AG and its competitors. iQ International AG's current Change In Inventory is €0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iQ International AG stock overvalued right now?
iQ International AG (FRA:IQL) has a current Change In Inventory of €0.30 Mil. The current Change In Inventory is €0.30 Mil. iQ International AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For iQ International AG (FRA:IQL), the current Change In Inventory is €0.30 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

iQ International AG Business Description

Address Landis + Gyr Strasse 1, Zug, CHE, 6300
iQ International AG is a Switzerland-based technology company focusing on the manufacturing, distribution, and development of efficient lead acid batteries for the automotive SLI (Starting-Lighting-Ignition) and storage markets using patented, eco-friendly technologies that prevent acid stratification and corrosion. In addition, the company provides consulting services to licensees and manufacturers of vehicle batteries and advanced energy systems. The company has two reportable segments which are batteries and licensing. The batteries segment comprises the sale of production batteries and the trade of batteries for the automotive SLI. Royalties from patented, eco-friendly technologies that prevent acid stratification and corrosion are achieved from third-party licensees.
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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