Minth Group (FRA:M3I) Change In Inventory : €0 Mil (TTM As of Dec. 2023)

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What is Minth Group Change In Inventory?

Minth Group's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means Minth Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Minth Group's change in inventory for the fiscal year that ended in Dec. 2023 was €-51 Mil. It means Minth Group's inventory increased by €51 Mil from Dec. 2022 to Dec. 2023 .

Minth Group's Total Inventories for the quarter that ended in Dec. 2023 was €511 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minth Group's Days Inventory for the quarter that ended in Dec. 2023 was 88.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minth Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.06.

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. Minth Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Minth Group Change In Inventory Historical Data

The historical data trend for Minth Group'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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Minth Group Change In Inventory Chart

Minth Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-10.91

-52.87

-78.45

-98.07

-50.57

Minth Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Minth Group 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 semi-annually data reported by the company within the most recent 12 months, which was €0 Mil.

Minth Group (FRA:M3I) Change In Inventory Explanation

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

Minth Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	481.543	/	991.078	*	365 / 2
	=	88.67

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	991.078	/	481.543
	=	2.06

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	481.543	/	1383.972
	=	0.35

Minth Group Change In Inventory Related Terms

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Minth Group (FRA:M3I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Minth Group Ltd (FRA:M3I) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MNTHY:USA MNTHF:USA 00425:Hong Kong M3I:Germany

Address

No. 1 Yazhong Road, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006

Website

http://www.minthgroup.com

Minth Group Ltd is an investment holding company with its subsidiaries engaged in the design, manufacturing, processing, developing, and sales of automobile body parts and moulds for passenger cars. It operates in five segments: Aluminium, Plastic, Battery housing, Metal & Trim, and Others. Some of its products consist of trims, decorative parts, body-structural parts, seat frame systems, roof racks, and others. Its geographical operations are located in the PRC, the United States of America (the USA), Japan, Thailand, Germany, Serbia, and Mexico.

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