Varta AG (LTS:0GYQ) Change In Inventory : €0.0 Mil (TTM As of Sep. 2023)

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What is Varta AG Change In Inventory?

Varta AG's change in inventory for the quarter that ended in Sep. 2023 was €0.0 Mil. It means Varta AG's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Varta AG's change in inventory for the fiscal year that ended in Dec. 2022 was €-65.2 Mil. It means Varta AG's inventory increased by €65.2 Mil from Dec. 2021 to Dec. 2022 .

Varta AG's Total Inventories for the quarter that ended in Sep. 2023 was €213.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Varta AG's Days Inventory for the quarter that ended in Sep. 2023 was 196.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Varta AG's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.46.

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. Varta AG's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.01.

Varta AG Change In Inventory Historical Data

The historical data trend for Varta AG'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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Varta AG Change In Inventory Chart

Varta AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-2.29

-7.15

-20.38

-22.87

-65.24

Varta AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Varta AG 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Varta AG (LTS:0GYQ) Change In Inventory Explanation

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

Varta AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	217.394	/	100.956	*	365 / 4
	=	196.49

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

Varta AG's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	100.956	/	217.394
	=	0.46

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.

Varta AG's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	217.394	/	215.055
	=	1.01

Varta AG Change In Inventory Related Terms

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Varta AG (LTS:0GYQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Varta AG (LTS:0GYQ) » Definitions » Change In Inventory

Comparable Companies

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VARTY:USA 1VAR:Italy VAR1:Germany VAR1:Austria

Address

VARTA-Platz 1, Ellwangen, BW, DEU, 73479

Website

https://www.varta-ag.com

Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.

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