GEL SpA (MIL:GEL) Change In Inventory : €0.81 Mil (TTM As of Jun. 2023)

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What is GEL SpA Change In Inventory?

GEL SpA's change in inventory for the quarter that ended in Jun. 2023 was €0.06 Mil. It means GEL SpA's inventory declined by €0.06 Mil from Dec. 2022 to Jun. 2023 .

GEL SpA's change in inventory for the fiscal year that ended in Dec. 2022 was €-1.24 Mil. It means GEL SpA's inventory increased by €1.24 Mil from Dec. 2021 to Dec. 2022 .

GEL SpA's Total Inventories for the quarter that ended in Jun. 2023 was €4.83 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GEL SpA's Days Inventory for the quarter that ended in Jun. 2023 was 158.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. GEL SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.15.

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. GEL SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.64.

GEL SpA Change In Inventory Historical Data

The historical data trend for GEL 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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GEL SpA Change In Inventory Chart

GEL SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-0.09

-0.10

-0.65

-0.60

-1.24

GEL SpA Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial											-1.02	0.41	-1.99	0.75	0.06

GEL 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.81 Mil.

GEL SpA (MIL:GEL) Change In Inventory Explanation

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

GEL 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
	=	4.8475	/	5.598	*	365 / 2
	=	158.03

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

GEL SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.598	/	4.8475
	=	1.15

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.

GEL SpA's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.8475	/	7.616
	=	0.64

GEL SpA Change In Inventory Related Terms

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GEL SpA (MIL:GEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GEL SpA (MIL:GEL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Enzo Ferrari, 1, Castelfidardo, ITA, 60022

Website

http://www.gel.it

GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, softeners, dosers, reverse osmosis, and conditioners to its clients. It also provides water treatment services for the following divisions - Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.