Vantea Smart SpA (MIL:VNT) Change In Inventory : €0.21 Mil (TTM As of Dec. 2023)

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What is Vantea Smart SpA Change In Inventory?

Vantea Smart SpA's change in inventory for the quarter that ended in Dec. 2023 was €0.05 Mil. It means Vantea Smart SpA's inventory declined by €0.05 Mil from Jun. 2023 to Dec. 2023 .

Vantea Smart SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €0.21 Mil. It means Vantea Smart SpA's inventory declined by €0.21 Mil from Dec. 2022 to Dec. 2023 .

Vantea Smart SpA's Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Vantea Smart SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was -1.61.

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. Vantea Smart SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Vantea Smart SpA Change In Inventory Historical Data

The historical data trend for Vantea Smart 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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Vantea Smart SpA Change In Inventory Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.11

-0.09

1.27

0.21

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			0.01	-0.01	1.28	0.15	0.05

Vantea Smart 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 €0.21 Mil.

Vantea Smart SpA (MIL:VNT) Change In Inventory Explanation

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

Vantea Smart 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
	=	0.099	/	-0.159	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-0.159	/	0.099
	=	-1.61

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.099	/	1.844
	=	0.05

Vantea Smart SpA Change In Inventory Related Terms

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Vantea Smart SpA (MIL:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vantea Smart SpA (MIL:VNT) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.