Modern Dental Group (STU:1MD) Change In Inventory : €-0.9 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Modern Dental Group Change In Inventory?

Modern Dental Group's change in inventory for the quarter that ended in Dec. 2023 was €-0.3 Mil. It means Modern Dental Group's inventory increased by €0.3 Mil from Jun. 2023 to Dec. 2023 .

Modern Dental Group's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.9 Mil. It means Modern Dental Group's inventory increased by €0.9 Mil from Dec. 2022 to Dec. 2023 .

Modern Dental Group's Total Inventories for the quarter that ended in Dec. 2023 was €19.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Modern Dental Group's Days Inventory for the quarter that ended in Dec. 2023 was 40.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Modern Dental Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.49.

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. Modern Dental Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Modern Dental Group Change In Inventory Historical Data

The historical data trend for Modern Dental Group'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.

* Premium members only.

Modern Dental Group Change In Inventory Chart

Modern Dental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.73

-0.51

-1.67

-2.65

-0.91

Modern Dental Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial														0.14	-2.65	0.02	-0.63	-0.29

Modern Dental Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.9 Mil.

Modern Dental Group (STU:1MD) Change In Inventory Explanation

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

Modern Dental Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	19.2715	/	86.55	*	365 / 2
	=	40.64

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

Modern Dental Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	86.55	/	19.2715
	=	4.49

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.

Modern Dental Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.2715	/	184.402
	=	0.10

Modern Dental Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Modern Dental Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Modern Dental Group (STU:1MD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Modern Dental Group Ltd (STU:1MD) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

03600:Hong Kong

Address

77 Wing Hong Street, Room 01-07, 09-16, 17th Floor, CEO Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.moderndentalgp.com

Modern Dental Group Ltd, along with its subsidiaries, is engaged in providing dental prosthetic devices. Its product portfolio is categorized into three segments, Fixed prosthetic devices such as crowns and bridges; Removable prosthetic devices such as removable dentures; and Other devices such as orthodontic devices, sports guards, and anti-snoring devices, raw materials, dental equipment, and services of educational events and seminars rendered. It generates a majority of the revenue from the sale of the Fixed prosthetic devices segment. Its geographical segments are Europe, North America, Australia, Greater China, and other countries.

Modern Dental Group (STU:1MD) Headlines

No Headlines