Mercantile Bank (FRA:MCS) Change In Inventory : €0.0 Mil (TTM As of Jun. 2024)

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What is Mercantile Bank Change In Inventory?

Mercantile Bank's change in inventory for the quarter that ended in Jun. 2024 was €0.0 Mil. It means Mercantile Bank's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Mercantile Bank's change in inventory for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means Mercantile Bank's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Mercantile Bank's Total Inventories for the quarter that ended in Jun. 2024 was €0.0 Mil.

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

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

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. Mercantile Bank's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Mercantile Bank Change In Inventory Historical Data

The historical data trend for Mercantile Bank'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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Mercantile Bank Change In Inventory Chart

Mercantile Bank Annual Data

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Change In Inventory

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Mercantile Bank Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Mercantile Bank 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Mercantile Bank (FRA:MCS) Change In Inventory Explanation

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

Mercantile Bank'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	/	0	*	365 / 4
	=	N/A

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

Mercantile Bank's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Mercantile Bank's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	52.724
	=	0.00

Mercantile Bank Change In Inventory Related Terms

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Mercantile Bank Business Description

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MBWM:USA

Address

310 Leonard Street NW, Grand Rapids, MI, USA, 49504

Website

https://www.mercbank.com

Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.