Goobit Group AB (OSTO:BTCX) Change In Inventory : kr0.00 Mil (TTM As of Jul. 2023)

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What is Goobit Group AB Change In Inventory?

Goobit Group AB's change in inventory for the quarter that ended in Jul. 2023 was kr0.00 Mil. It means Goobit Group AB's inventory stayed the same from Apr. 2023 to Jul. 2023 .

Goobit Group AB's change in inventory for the fiscal year that ended in Apr. 2023 was kr0.84 Mil. It means Goobit Group AB's inventory declined by kr0.84 Mil from Apr. 2022 to Apr. 2023 .

Goobit Group AB's Total Inventories for the quarter that ended in Jul. 2023 was kr0.18 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goobit Group AB's Days Inventory for the quarter that ended in Jul. 2023 was 1.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goobit Group AB's Inventory Turnover for the quarter that ended in Jul. 2023 was 87.17.

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. Goobit Group AB's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.01.

Goobit Group AB Change In Inventory Historical Data

The historical data trend for Goobit Group AB'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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Goobit Group AB Change In Inventory Chart

Goobit Group AB Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

-1.55

0.11

-4.55

4.87

0.84

Goobit Group AB Quarterly Data
	Apr19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Change In Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Goobit Group AB 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 Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.00 Mil.

Goobit Group AB (OSTO:BTCX) Change In Inventory Explanation

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

Goobit Group AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2325	/	20.266	*	365 / 4
	=	1.05

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

Goobit Group AB's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.266	/	0.2325
	=	87.17

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.

Goobit Group AB's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2325	/	21.556
	=	0.01

Goobit Group AB Change In Inventory Related Terms

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Goobit Group AB (OSTO:BTCX) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

9AI:Germany

Address

Stora Nygatan 28, Stockholm, SWE, 111 27

Website

https://www.goobit.se

Goobit Group AB is a crypto exchange company. It offers exchange services of Swedish kronor and euros to the digital currencies bitcoin and ether, and has so far exchanged over SEK 1.7 billion. The company's brands are BTCX Express and Standard BTCX.

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