NORMA Group SE (NORMA Group SE) Change In Inventory : $40 Mil (TTM As of Mar. 2024)

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What is NORMA Group SE Change In Inventory?

NORMA Group SE's change in inventory for the quarter that ended in Mar. 2024 was $-24 Mil. It means NORMA Group SE's inventory increased by $24 Mil from Dec. 2023 to Mar. 2024 .

NORMA Group SE's change in inventory for the fiscal year that ended in Dec. 2023 was $25 Mil. It means NORMA Group SE's inventory declined by $25 Mil from Dec. 2022 to Dec. 2023 .

NORMA Group SE's Total Inventories for the quarter that ended in Mar. 2024 was $242 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NORMA Group SE's Days Inventory for the quarter that ended in Mar. 2024 was 152.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. NORMA Group SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.

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. NORMA Group SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.72.

NORMA Group SE Change In Inventory Historical Data

The historical data trend for NORMA Group SE'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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NORMA Group SE Change In Inventory Chart

NORMA Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-17.00

20.94

-53.03

-63.94

25.48

NORMA Group SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-38.33	2.22	14.38	47.60	-23.92

NORMA Group SE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $40 Mil.

NORMA Group SE (OTCPK:NOEJF) Change In Inventory Explanation

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

NORMA Group SE's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	241.1845	/	143.95	*	365 / 4
	=	152.89

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

NORMA Group SE's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	143.95	/	241.1845
	=	0.60

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.

NORMA Group SE's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	241.1845	/	335.372
	=	0.72

NORMA Group SE Change In Inventory Related Terms

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NORMA Group SE (NORMA Group SE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NORMA Group SE (OTCPK:NOEJF) » Definitions » Change In Inventory

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Traded in Other Exchanges

0P38:UK NOEJ:Germany NOEJ:Austria

Address

Edisonstrasse 4, Maintal, DEU, 63477

Website

https://www.normagroup.com

NORMA Group SE manufactures a wide range of joining technology solutions. Its products are primarily constructed from steel and help seal, connect, or ensure reliable flow of liquids, gases, and other elements. The components and finished solutions are used in various industries and can be found in transportation vehicles, household appliances, engines, plumbing systems, and medical fields. Norma has three primary product categories: clamps, joining elements, and fluid systems/connectors. It supplies single-component, multicomponent, and complex systems to meet customer requirements. The company uses a global sales and distribution network to reach customers and supply customized solutions across Europe, the Americas, and Asia-Pacific.

NORMA Group SE (NORMA Group SE) Headlines

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