Clevon AS (OTSE:CLEV) Change In Inventory : €0.07 Mil (TTM As of Jun. 2023)

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What is Clevon AS Change In Inventory?

Clevon AS's change in inventory for the quarter that ended in Jun. 2023 was €0.07 Mil. It means Clevon AS's inventory declined by €0.07 Mil from Dec. 2022 to Jun. 2023 .

Clevon AS's change in inventory for the fiscal year that ended in Dec. 2022 was €0.16 Mil. It means Clevon AS's inventory declined by €0.16 Mil from . 20 to Dec. 2022 .

Clevon AS's Total Inventories for the quarter that ended in Jun. 2023 was €0.27 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Clevon AS's Inventory Turnover for the quarter that ended in Jun. 2023 was -3.18.

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. Clevon AS's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 4.88.

Clevon AS Change In Inventory Historical Data

The historical data trend for Clevon AS'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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Clevon AS Change In Inventory Chart

Clevon AS Annual Data

Trend

Dec22

Change In Inventory

0.16

Clevon AS Semi-Annual Data
	Dec22	Jun23
Change In Inventory	-	0.07

Clevon AS 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.07 Mil.

Clevon AS (OTSE:CLEV) Change In Inventory Explanation

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

Clevon AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.3025	/	-0.961	*	365 / 2
	=	N/A

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

Clevon AS's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-0.961	/	0.3025
	=	-3.18

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.

Clevon AS's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3025	/	0.062
	=	4.88

Clevon AS Change In Inventory Related Terms

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