European Medical Solutions (LTS:0RGO) Change In Inventory : €-1.31 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is European Medical Solutions Change In Inventory?

European Medical Solutions's change in inventory for the quarter that ended in Dec. 2023 was €-0.35 Mil. It means European Medical Solutions's inventory increased by €0.35 Mil from Jun. 2023 to Dec. 2023 .

European Medical Solutions's change in inventory for the fiscal year that ended in Dec. 2023 was €-1.31 Mil. It means European Medical Solutions's inventory increased by €1.31 Mil from Dec. 2022 to Dec. 2023 .

European Medical Solutions's Total Inventories for the quarter that ended in Dec. 2023 was €14.36 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. European Medical Solutions's Days Inventory for the quarter that ended in Dec. 2023 was 185.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. European Medical Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.99.

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. European Medical Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.72.

European Medical Solutions Change In Inventory Historical Data

The historical data trend for European Medical Solutions'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.

* Premium members only.

European Medical Solutions Change In Inventory Chart

European Medical Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

0.16

-1.49

-1.31

European Medical Solutions Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-0.97	-0.52	-0.96	-0.35

European Medical Solutions 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 €-1.31 Mil.

European Medical Solutions (LTS:0RGO) Change In Inventory Explanation

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

European Medical Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14.184	/	13.984	*	365 / 2
	=	185.11

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

European Medical Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.984	/	14.184
	=	0.99

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.

European Medical Solutions's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.184	/	19.748
	=	0.72

European Medical Solutions Change In Inventory Related Terms

Thank you for viewing the detailed overview of European Medical Solutions's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

European Medical Solutions (LTS:0RGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » European Medical Solutions (LTS:0RGO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AS0:Germany ALEMS:Belgium

Address

7 Rue des Chasseurs Ardennais, Liege, BEL, 4031

Website

https://www.dms-imaging.com

DMS Imaging SA is a clinical-stage biopharmaceutical company. The company is engaged in the development and future commercialization of a range of breakthrough immunotherapy products for the treatment of allergies, based on its ASIT+ technology platform. Its lead product is gp-ASIT+, a phase III trial for the treatment of grass pollen rhinitis. Its pipeline products consist of hdm-ASIT+ for the treatment of house dust mite asthma; and pnt-ASIT+ for the treatment of peanut allergy.

European Medical Solutions (LTS:0RGO) Headlines

No Headlines