Litgrid AB (OVSE:LGD1L) Change In Inventory : €-2.2 Mil (TTM As of Mar. 2024)

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What is Litgrid AB Change In Inventory?

Litgrid AB's change in inventory for the quarter that ended in Mar. 2024 was €-1.7 Mil. It means Litgrid AB's inventory increased by €1.7 Mil from Dec. 2023 to Mar. 2024 .

Litgrid AB's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.3 Mil. It means Litgrid AB's inventory increased by €0.3 Mil from Dec. 2022 to Dec. 2023 .

Litgrid AB's Total Inventories for the quarter that ended in Mar. 2024 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Litgrid AB's Days Inventory for the quarter that ended in Mar. 2024 was 0.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Litgrid AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 1,832.41.

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. Litgrid AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Litgrid AB Change In Inventory Historical Data

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

Litgrid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.03

-0.35

-0.01

0.73

-0.27

Litgrid AB 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															0.25	-2.86	1.37	0.97	-1.69

Litgrid 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 €-2.2 Mil.

Litgrid AB (OVSE:LGD1L) Change In Inventory Explanation

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

Litgrid 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
	=	0.041	/	75.129	*	365 / 4
	=	0.05

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	75.129	/	0.041
	=	1,832.41

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.041	/	112.427
	=	0.00

Litgrid AB Change In Inventory Related Terms

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Litgrid AB (OVSE:LGD1L) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » Change In Inventory

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Address

Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131

Website

https://www.litgrid.eu

Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

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