Gruppo Green Power SpA (MIL:GGP) Change In Inventory: €0.73 Mil (TTM As of Jun. 2020)

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MIL:GGP Gruppo Green Power SpA MIL:GGP
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Price €4.59
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What is Gruppo Green Power SpA Change In Inventory?

Gruppo Green Power SpA MIL:GGP 4 Change In Inventory is €0.73 Mil as of Jun. 2020. GuruFocus rates MIL:GGP with a GF Score™ of 4/100.

Gruppo Green Power SpA's change in inventory for the quarter that ended in Jun. 2020 was €0.23 Mil. It means Gruppo Green Power SpA's inventory declined by €0.23 Mil from Dec. 2019 to Jun. 2020 .

Gruppo Green Power SpA's change in inventory for the fiscal year that ended in Dec. 2019 was €0.45 Mil. It means Gruppo Green Power SpA's inventory declined by €0.45 Mil from Dec. 2018 to Dec. 2019 .

Gruppo Green Power SpA's Total Inventories for the quarter that ended in Jun. 2020 was €1.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gruppo Green Power SpA's Days Inventory for the quarter that ended in Jun. 2020 was 65.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gruppo Green Power SpA's Inventory Turnover for the quarter that ended in Jun. 2020 was 2.78.

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. Gruppo Green Power SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.41.

Gruppo Green Power SpA  (MIL:GGP) Change In Inventory Explanation

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

Gruppo Green Power 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
=1.3655/3.797*365 / 2
=65.63

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

Gruppo Green Power SpA's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.797 / 1.3655
=2.78

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.

Gruppo Green Power SpA's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.3655 / 3.332
=0.41

* 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.

Gruppo Green Power SpA Change In Inventory Related Terms

Gruppo Green Power SpA Change In Inventory Historical Data

* Premium members only.

The historical data trend for Gruppo Green Power 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.

Gruppo Green Power SpA Change In Inventory Chart

Gruppo Green Power SpA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Inventory
Get a 7-Day Free Trial Premium Member Only -0.15 0.43 -0.21 0.54 0.45

Gruppo Green Power SpA Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.08 -0.05 0.50 0.23
MIL:GGP
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Gruppo Green Power SpA MIL:GGP
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Gruppo Green Power 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.73 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €0.73 Mil mean?
Gruppo Green Power SpA (MIL:GGP) has a Change In Inventory of €0.73 Mil as of Jun. 2020. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Gruppo Green Power SpA and its competitors.
Is Gruppo Green Power SpA's Change In Inventory too high?
Gruppo Green Power SpA's current Change In Inventory is €0.73 Mil. Overall, Gruppo Green Power SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gruppo Green Power SpA's Change In Inventory compare to ENPH and SEDG?
Gruppo Green Power SpA's Change In Inventory of €0.73 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Semiconductors company?
A good Change In Inventory depends on the Semiconductors industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Gruppo Green Power SpA and its competitors. Gruppo Green Power SpA's current Change In Inventory is €0.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruppo Green Power SpA stock overvalued right now?
Gruppo Green Power SpA (MIL:GGP) has a current Change In Inventory of €0.73 Mil. The current Change In Inventory is €0.73 Mil. Gruppo Green Power SpA's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Gruppo Green Power SpA (MIL:GGP), the current Change In Inventory is €0.73 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gruppo Green Power SpA Business Description

Address Via Varotara 57, Mirano, ITA, 30035
Gruppo Green Power SpA provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.
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