GARO AB (LTS:0REY) Change In Inventory : kr2 Mil (TTM As of Dec. 2024)

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What is GARO AB Change In Inventory?

GARO AB's change in inventory for the quarter that ended in Dec. 2024 was kr-2 Mil. It means GARO AB's inventory increased by kr2 Mil from Sep. 2024 to Dec. 2024 .

GARO AB's change in inventory for the fiscal year that ended in Dec. 2024 was kr-13 Mil. It means GARO AB's inventory increased by kr13 Mil from Dec. 2023 to Dec. 2024 .

GARO AB's Total Inventories for the quarter that ended in Dec. 2024 was kr376 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GARO AB's Days Inventory for the quarter that ended in Dec. 2024 was 238.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. GARO AB's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.38.

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. GARO AB's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.32.

GARO AB Change In Inventory Historical Data

The historical data trend for GARO AB'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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GARO AB Change In Inventory Chart

GARO AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-12.00

-59.60

-102.80

-43.20

-12.80

GARO AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															2.70	9.80	-12.40	6.90	-2.20

GARO AB 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2 Mil.

GARO AB (LTS:0REY) Change In Inventory Explanation

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

GARO AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	375.1	/	143.7	*	365 / 4
	=	238.19

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

GARO AB's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	143.7	/	375.1
	=	0.38

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.

GARO AB's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	375.1	/	283.8
	=	1.32

GARO AB Change In Inventory Related Terms

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GARO AB Business Description

Industry

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GARO:Sweden

Address

Sodergatan 26, Box 203, Gnosjo, SWE, SE-335 33

Website

https://www.garo.se

GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it also includes in-house production at two facilities.

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