Snam SpA (LTS:0NQP) Change In Inventory : €0 Mil (TTM As of Sep. 2024)

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What is Snam SpA Change In Inventory?

Snam SpA's change in inventory for the quarter that ended in Sep. 2024 was €0 Mil. It means Snam SpA's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Snam SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €401 Mil. It means Snam SpA's inventory declined by €401 Mil from Dec. 2022 to Dec. 2023 .

Snam SpA's Total Inventories for the quarter that ended in Sep. 2024 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Snam SpA's Days Inventory for the quarter that ended in Sep. 2024 was 292.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Snam SpA's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.31.

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. Snam SpA's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.27.

Snam SpA Change In Inventory Historical Data

The historical data trend for Snam SpA'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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Snam SpA Change In Inventory Chart

Snam SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-43.00

-23.00

-11.00

-3,064.00

401.00

Snam SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Snam SpA 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Snam SpA (LTS:0NQP) Change In Inventory Explanation

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

Snam SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1091.5	/	340	*	365 / 4
	=	292.94

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

Snam SpA's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	340	/	1091.5
	=	0.31

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.

Snam SpA's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1091.5	/	858
	=	1.27

Snam SpA Change In Inventory Related Terms

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Snam SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (LTS:0NQP) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SNMRF:USA SRG:Italy SRGm:UK SNM:Germany SNM:Bulgaria SRG:Austria

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 13.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

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