Websolute SpA (MIL:WBS) Change In Inventory : €-0.01 Mil (TTM As of Dec. 2023)

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What is Websolute SpA Change In Inventory?

Websolute SpA's change in inventory for the quarter that ended in Dec. 2023 was €-0.01 Mil. It means Websolute SpA's inventory increased by €0.01 Mil from Jun. 2023 to Dec. 2023 .

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

Websolute SpA's Total Inventories for the quarter that ended in Dec. 2023 was €0.13 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Websolute SpA's Days Inventory for the quarter that ended in Dec. 2023 was 5.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Websolute SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 32.17.

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. Websolute SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Websolute SpA Change In Inventory Historical Data

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

Websolute SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.06

-0.01

0.02

-0.04

-0.01

Websolute SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial							0.03	-0.05	0.01	-	-0.01

Websolute 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 €-0.01 Mil.

Websolute SpA (MIL:WBS) Change In Inventory Explanation

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

Websolute 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
	=	0.119	/	3.828	*	365 / 2
	=	5.67

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.828	/	0.119
	=	32.17

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.119	/	9.449
	=	0.01

Websolute SpA Change In Inventory Related Terms

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Websolute SpA (MIL:WBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Websolute SpA (MIL:WBS) » Definitions » Change In Inventory

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Address

Strada della Campanara, 15, Pesaro, ITA

Website

https://www.websolute.com

Websolute SpA is an Italy based digital company. It provides Digital PR & Social Engagement, Performance Marketing, Video Storytelling & Advertising, Omnichannel Commerce, Mobile Development and Virtual & Augmented Reality Experiences among other services.