Spectral Medical (FRA:SD4) Change In Inventory : €0.02 Mil (TTM As of Mar. 2024)

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What is Spectral Medical Change In Inventory?

Spectral Medical's change in inventory for the quarter that ended in Mar. 2024 was €0.03 Mil. It means Spectral Medical's inventory declined by €0.03 Mil from Dec. 2023 to Mar. 2024 .

Spectral Medical's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.02 Mil. It means Spectral Medical's inventory increased by €0.02 Mil from Dec. 2022 to Dec. 2023 .

Spectral Medical's Total Inventories for the quarter that ended in Mar. 2024 was €0.22 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spectral Medical's Days Inventory for the quarter that ended in Mar. 2024 was 112.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectral Medical's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.81.

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. Spectral Medical's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

Spectral Medical Change In Inventory Historical Data

The historical data trend for Spectral Medical'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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Spectral Medical Change In Inventory Chart

Spectral Medical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.05

-0.04

-0.03

-0.02

Spectral Medical Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.01	0.04	-0.01	-0.04	0.03

Spectral Medical 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.02 Mil.

Spectral Medical (FRA:SD4) Change In Inventory Explanation

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

Spectral Medical's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2335	/	0.19	*	365 / 4
	=	112.14

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

Spectral Medical's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.19	/	0.2335
	=	0.81

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.

Spectral Medical's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2335	/	0.454
	=	0.51

Spectral Medical Change In Inventory Related Terms

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Spectral Medical (FRA:SD4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Spectral Medical Inc (FRA:SD4) » Definitions » Change In Inventory

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EDTXF:USA SD4:Germany EDT:Canada

Address

135 - 2 The West Mall, Finance, Toronto, ON, CAN, M9C 1C2

Website

https://www.spectraldx.com

Spectral Medical Inc is focused on the development and commercialization of a treatment for septic shock utilizing its endotoxin activity assay (EAA) diagnostic and the toraymyxin therapeutic. The company also manufactures and sells proprietary reagents. The product line of the company consists of proprietary biochemical, EAA, and instrumentation. The company has one reporting segment Spectral Medical Inc. The Dialco Medical Inc. operations were considered discontinued by the company.

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