CTEK AB (OSTO:CTEK) Change In Inventory : kr28.7 Mil (TTM As of Mar. 2024)

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What is CTEK AB Change In Inventory?

CTEK AB's change in inventory for the quarter that ended in Mar. 2024 was kr1.2 Mil. It means CTEK AB's inventory declined by kr1.2 Mil from Dec. 2023 to Mar. 2024 .

CTEK AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr63.8 Mil. It means CTEK AB's inventory declined by kr63.8 Mil from Dec. 2022 to Dec. 2023 .

CTEK AB's Total Inventories for the quarter that ended in Mar. 2024 was kr219.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CTEK AB's Days Inventory for the quarter that ended in Mar. 2024 was 217.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. CTEK AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.42.

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. CTEK AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.10.

CTEK AB Change In Inventory Historical Data

The historical data trend for CTEK 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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CTEK AB Change In Inventory Chart

CTEK AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.20

-37.80

-61.10

-106.90

63.80

CTEK AB Quarterly Data
	Dec18	Dec19	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													36.30	0.80	5.50	21.20	1.20

CTEK 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr28.7 Mil.

CTEK AB (OSTO:CTEK) Change In Inventory Explanation

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

CTEK 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
	=	220.25	/	92.4	*	365 / 4
	=	217.51

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

CTEK AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	92.4	/	220.25
	=	0.42

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.

CTEK AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	220.25	/	200.7
	=	1.10

CTEK AB Change In Inventory Related Terms

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CTEK AB (OSTO:CTEK) Business Description

Industry

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Traded in Other Exchanges

1F7:Germany

Address

Rostugnsvägen 3, Vikmanshyttan, SWE, 776 70

Website

https://www.ctekgroup.com

CTEK AB is a global supplier of 12V battery chargers for various vehicles in the premium segment and Sweden's second largest supplier of chargers and accessories for electric vehicle charging.