Ethernity Networks (STU:82N) Change In Inventory : €0.22 Mil (TTM As of Dec. 2023)

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What is Ethernity Networks Change In Inventory?

Ethernity Networks's change in inventory for the quarter that ended in Dec. 2023 was €0.50 Mil. It means Ethernity Networks's inventory declined by €0.50 Mil from Jun. 2023 to Dec. 2023 .

Ethernity Networks's change in inventory for the fiscal year that ended in Dec. 2023 was €0.22 Mil. It means Ethernity Networks's inventory declined by €0.22 Mil from Dec. 2022 to Dec. 2023 .

Ethernity Networks's Total Inventories for the quarter that ended in Dec. 2023 was €0.49 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ethernity Networks's Days Inventory for the quarter that ended in Dec. 2023 was 155.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ethernity Networks's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.18.

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. Ethernity Networks's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

Ethernity Networks Change In Inventory Historical Data

The historical data trend for Ethernity Networks'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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Ethernity Networks Change In Inventory Chart

Ethernity Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.05

-0.01

-0.10

-0.46

0.22

Ethernity Networks Semi-Annual Data
	Dec14	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													-0.03	-0.46	-	-0.29	0.50

Ethernity Networks 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 €0.22 Mil.

Ethernity Networks (STU:82N) Change In Inventory Explanation

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

Ethernity Networks's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.657	/	0.772	*	365 / 2
	=	155.31

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

Ethernity Networks's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.772	/	0.657
	=	1.18

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.

Ethernity Networks's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.657	/	2.182
	=	0.30

Ethernity Networks Change In Inventory Related Terms

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Ethernity Networks Business Description

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Address

1 Golan Street, Corner HaNegev, Beit Golan, 3rd Floor, Airport City, ISR, 7019900

Website

https://www.ethernitynet.com

Ethernity Networks Ltd technology solutions provider that develops and delivers data processing technology and solutions used in high-end Carrier Ethernet applications across the telecom, mobile, security, and data center markets. The company's only operating segment is the development and delivery of high-end network processing technology. Geographically, it derives a majority of its revenue from the United States and also has a presence in Asia, Europe, Israel, and the United States. Its product categories include ENET Network Appliances, PON Devices ACE-NIC SmartNICs, ENET Flow Processors, and FPGA Boards.

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