Umbrella Global Energy (FRA:U6Q) Change In Inventory: €2.22 Mil (TTM As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:U6Q Umbrella Global Energy SA FRA:U6Q
13 GF Score
Price €2.50
View Full Analysis

What is Umbrella Global Energy Change In Inventory?

Umbrella Global Energy FRA:U6Q 13 Change In Inventory is €2.22 Mil as of Dec. 2023. GuruFocus rates FRA:U6Q with a GF Score™ of 13/100.

Umbrella Global Energy's change in inventory for the quarter that ended in Dec. 2023 was €5.09 Mil. It means Umbrella Global Energy's inventory declined by €5.09 Mil from Jun. 2023 to Dec. 2023 .

Umbrella Global Energy's change in inventory for the fiscal year that ended in Dec. 2023 was €2.22 Mil. It means Umbrella Global Energy's inventory declined by €2.22 Mil from Dec. 2022 to Dec. 2023 .

Umbrella Global Energy's Total Inventories for the quarter that ended in Dec. 2023 was €7.78 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Umbrella Global Energy's Days Inventory for the quarter that ended in Dec. 2023 was 255.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Umbrella Global Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.72.

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. Umbrella Global Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.04.

Umbrella Global Energy  (FRA:U6Q) Change In Inventory Explanation

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

Umbrella Global Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=8.842/6.328*365 / 2
=255.00

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

Umbrella Global Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6.328 / 8.842
=0.72

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.

Umbrella Global Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=8.842 / 8.491
=1.04

* 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.

Umbrella Global Energy Change In Inventory Related Terms

Umbrella Global Energy Change In Inventory Historical Data

* Premium members only.

The historical data trend for Umbrella Global Energy'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.

Umbrella Global Energy Change In Inventory Chart

Umbrella Global Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
-2.20 -1.33 -1.71 -6.38 2.22

Umbrella Global Energy Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial 0.00 -2.73 -3.65 -2.87 5.09
FRA:U6Q
13GF Score
Umbrella Global Energy SA FRA:U6Q
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Umbrella Global Energy 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 €2.22 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 €2.22 Mil mean?
Umbrella Global Energy (FRA:U6Q) has a Change In Inventory of €2.22 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Umbrella Global Energy and its competitors.
Is Umbrella Global Energy's Change In Inventory too high?
Umbrella Global Energy's current Change In Inventory is €2.22 Mil. Overall, Umbrella Global Energy has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Umbrella Global Energy's Change In Inventory compare to FSLR and ENPH?
Umbrella Global Energy's Change In Inventory of €2.22 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Change In Inventory depends on the Semiconductors 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 Umbrella Global Energy and its competitors. Umbrella Global Energy's current Change In Inventory is €2.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umbrella Global Energy stock overvalued right now?
Umbrella Global Energy (FRA:U6Q) has a current Change In Inventory of €2.22 Mil. The current Change In Inventory is €2.22 Mil. Umbrella Global Energy's overall GF Score™ is 13/100. 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 Umbrella Global Energy (FRA:U6Q), the current Change In Inventory is €2.22 Mil as of Dec. 2023. 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.

Umbrella Global Energy Business Description

Address Plaza de America 2, 4th Floor, Gate AB, Valencia, ESP, 46004
Umbrella Global Energy SA, formerly Umbrella Solar Investment SA is a company with a focus on photovoltaics. The business activity encompasses the entire value chain of the photovoltaic sector, from the initial stage of project design, financing, comprehensive construction, operation and maintenance through to the active management of the energy generated in photovoltaic plants.
13GF Score

Get the complete analysis for FRA:U6Q

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.50
Price