Soges Group SpA (MIL:SOGES) Change In Inventory : €0.01 Mil (TTM As of Jun. 2024)

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What is Soges Group SpA Change In Inventory?

Soges Group SpA's change in inventory for the quarter that ended in Jun. 2024 was €0.01 Mil. It means Soges Group SpA's inventory declined by €0.01 Mil from Dec. 2023 to Jun. 2024 .

Soges Group SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.01 Mil. It means Soges Group SpA's inventory increased by €0.01 Mil from Dec. 2022 to Dec. 2023 .

Soges Group SpA's Total Inventories for the quarter that ended in Jun. 2024 was €0.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Soges Group SpA's Days Inventory for the quarter that ended in Jun. 2024 was 13.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Soges Group SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 13.82.

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. Soges Group SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.04.

Soges Group SpA Change In Inventory Historical Data

The historical data trend for Soges Group 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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Soges Group SpA Change In Inventory Chart

Soges Group SpA Annual Data

Trend

Dec22

Dec23

Dec24

Change In Inventory

-0.20

-0.01

Soges Group SpA Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	-	-0.01	-	0.01	-

Soges Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.01 Mil.

Soges Group SpA (MIL:SOGES) Change In Inventory Explanation

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

Soges Group 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
	=	0.2855	/	3.946	*	365 / 2
	=	13.20

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

Soges Group SpA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.946	/	0.2855
	=	13.82

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.

Soges Group SpA's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2855	/	7.431
	=	0.04

Soges Group SpA Change In Inventory Related Terms

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Soges Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soges Group SpA (MIL:SOGES) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Via dei Caboto 49, Florence, ITA, 50127

Website

https://www.soges-group.com

Soges Group SpA is a company actively engaged in hotel and conference hospitality within prestigious structures. The Company's core business is therefore the acquisition of hotel management with the precise focus of optimizing economic results, repositioning the brand reputation and improving the operational performance of each individual structure that becomes part of the group.

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