Take Off SpA (MIL:TKF) Change In Inventory : €-0.19 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Take Off SpA Change In Inventory?

Take Off SpA's change in inventory for the quarter that ended in Dec. 2023 was €0.94 Mil. It means Take Off SpA's inventory declined by €0.94 Mil from Jun. 2023 to Dec. 2023 .

Take Off SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.19 Mil. It means Take Off SpA's inventory increased by €0.19 Mil from Dec. 2022 to Dec. 2023 .

Take Off SpA's Total Inventories for the quarter that ended in Dec. 2023 was €11.95 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Take Off SpA's Days Inventory for the quarter that ended in Dec. 2023 was 217.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Take Off SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.84.

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. Take Off SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.90.

Take Off SpA Change In Inventory Historical Data

The historical data trend for Take Off 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.

* Premium members only.

Take Off SpA Change In Inventory Chart

Take Off SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

0.74

-3.66

2.25

-4.36

-0.19

Take Off SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial				1.87	-2.05	-2.31	-1.14	0.94

Take Off 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.19 Mil.

Take Off SpA (MIL:TKF) Change In Inventory Explanation

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

Take Off 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
	=	12.8215	/	10.776	*	365 / 2
	=	217.14

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

Take Off SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.776	/	12.8215
	=	0.84

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.

Take Off SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.8215	/	14.304
	=	0.90

Take Off SpA Change In Inventory Related Terms

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

Take Off SpA (MIL:TKF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Take Off SpA (MIL:TKF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Montenapoleone 8, Milan, ITA, 20121

Website

https://www.takeoffoutlet.com

Take Off SpA is engaged in the operations of clothing stores in Italy. The company offers women's clothes, men's clothes and accessories.

Take Off SpA (MIL:TKF) Headlines

No Headlines