Tornado Infrastructure Equipment (FRA:2FT0) Change In Inventory : €-4.66 Mil (TTM As of Sep. 2024)

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What is Tornado Infrastructure Equipment Change In Inventory?

Tornado Infrastructure Equipment's change in inventory for the quarter that ended in Sep. 2024 was €-3.58 Mil. It means Tornado Infrastructure Equipment's inventory increased by €3.58 Mil from Jun. 2024 to Sep. 2024 .

Tornado Infrastructure Equipment's change in inventory for the fiscal year that ended in Dec. 2023 was €-2.76 Mil. It means Tornado Infrastructure Equipment's inventory increased by €2.76 Mil from Dec. 2022 to Dec. 2023 .

Tornado Infrastructure Equipment's Total Inventories for the quarter that ended in Sep. 2024 was €22.58 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tornado Infrastructure Equipment's Days Inventory for the quarter that ended in Sep. 2024 was 114.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tornado Infrastructure Equipment's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.80.

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. Tornado Infrastructure Equipment's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.04.

Tornado Infrastructure Equipment Change In Inventory Historical Data

The historical data trend for Tornado Infrastructure Equipment'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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Tornado Infrastructure Equipment Change In Inventory Chart

Tornado Infrastructure Equipment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.06

1.99

0.11

-7.11

-2.76

Tornado Infrastructure Equipment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-1.05	2.99	-1.41	-2.66	-3.58

Tornado Infrastructure Equipment 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4.66 Mil.

Tornado Infrastructure Equipment (FRA:2FT0) Change In Inventory Explanation

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

Tornado Infrastructure Equipment's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	20.972	/	16.763	*	365 / 4
	=	114.16

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

Tornado Infrastructure Equipment's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.763	/	20.972
	=	0.80

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.

Tornado Infrastructure Equipment's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.972	/	20.254
	=	1.04

Tornado Infrastructure Equipment Change In Inventory Related Terms

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Tornado Infrastructure Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tornado Infrastructure Equipment Ltd (FRA:2FT0) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TGHLF:USA 2FT0:Germany TGH:Canada

Address

300 – 5th Avenue South West, Suite 1800, Calgary, AB, CAN, T2P 3C4

Website

https://www.tornadotrucks.com

Tornado Infrastructure Equipment Ltd is a truck manufacturer. It designs and manufactures hydrovac trucks as well as provides heavy-duty truck maintenance operations in central Alberta. The group sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Its brands for parts include CatPumps, Ripsaw, Kenworth, and others.

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