NDTAF (Northern Data AG) Change In Inventory : $9.11 Mil (TTM As of Dec. 2023)

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What is Northern Data AG Change In Inventory?

Northern Data AG's change in inventory for the quarter that ended in Dec. 2023 was $9.11 Mil. It means Northern Data AG's inventory declined by $9.11 Mil from Dec. 2022 to Dec. 2023 .

Northern Data AG's change in inventory for the fiscal year that ended in Dec. 2023 was $9.11 Mil. It means Northern Data AG's inventory declined by $9.11 Mil from Dec. 2022 to Dec. 2023 .

Northern Data AG's Total Inventories for the quarter that ended in Dec. 2023 was $61.65 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Data AG's Days Inventory for the quarter that ended in Dec. 2023 was 97.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northern Data AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.

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. Northern Data AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Northern Data AG Change In Inventory Historical Data

The historical data trend for Northern Data AG'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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Northern Data AG Change In Inventory Chart

Northern Data AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.10

-34.77

-137.85

44.87

9.11

Northern Data AG Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Change In Inventory	Get a 7-Day Free Trial					-0.10	-34.77	-137.85	44.87	9.11

Northern Data AG Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 was $9.11 Mil.

Northern Data AG (OTCPK:NDTAF) Change In Inventory Explanation

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

Northern Data AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	34.639	/	64.888	*	365 / 2
	=	97.42

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

Northern Data AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	64.888	/	34.639
	=	1.87

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.

Northern Data AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.639	/	84.544
	=	0.41

Northern Data AG Change In Inventory Related Terms

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Northern Data AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Northern Data AG (OTCPK:NDTAF) » Definitions » Change In Inventory

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1NB:Italy NB2d:UK NB2:Germany

Address

An der Welle 3, Frankfurt, HE, DEU, 60322

Website

https://www.northerndata.de

Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers.