Picanol NV (LTS:0FM2) Change In Inventory : €-195 Mil (TTM As of Jun. 2022)

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What is Picanol NV Change In Inventory?

Picanol NV's change in inventory for the quarter that ended in Jun. 2022 was €-88 Mil. It means Picanol NV's inventory increased by €88 Mil from Dec. 2021 to Jun. 2022 .

Picanol NV's change in inventory for the fiscal year that ended in Dec. 2021 was €-81 Mil. It means Picanol NV's inventory increased by €81 Mil from Dec. 2020 to Dec. 2021 .

Picanol NV's Total Inventories for the quarter that ended in Jun. 2022 was €581 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Picanol NV's Days Inventory for the quarter that ended in Jun. 2022 was 73.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Picanol NV's Inventory Turnover for the quarter that ended in Jun. 2022 was 2.47.

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. Picanol NV's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.31.

Picanol NV Change In Inventory Historical Data

The historical data trend for Picanol NV'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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Picanol NV Change In Inventory Chart

Picanol NV Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

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-27.10

16.00

-34.00

-81.20

Picanol NV Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Change In Inventory	Get a 7-Day Free Trial															24.80	-58.80	25.70	-106.90	-88.20

Picanol NV 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-195 Mil.

Picanol NV (LTS:0FM2) Change In Inventory Explanation

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

Picanol NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	533.55	/	1317	*	365 / 2
	=	73.94

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

Picanol NV's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1317	/	533.55
	=	2.47

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.

Picanol NV's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	533.55	/	1707.3
	=	0.31

Picanol NV Change In Inventory Related Terms

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Picanol NV (LTS:0FM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Picanol NV (LTS:0FM2) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Steverlyncklaan 15, Ieper, BEL, 8900

Website

http://www.picanolgroup.com

Picanol NV is a Belgium-based company that develops, manufactures, and distributes weaving machines, engineered casting solutions, and customized controllers. The company, through Weaving Machines (Picanol), supplies weaving machines to global weaving mills, as well as related services. Picanol also markets accessories via GTP Global Textile Partner. Also, the Picanol Group is involved in other business activities including foundry activities and mechanic finishing activities. The group's operating segment comprises Machines & Technologies; Agro; Bio-valorization; Industrial Solutions; and T-Power.

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