Zignago Vetro SpA (STU:ZVB) Change In Inventory : €-35.9 Mil (TTM As of Mar. 2024)

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What is Zignago Vetro SpA Change In Inventory?

Zignago Vetro SpA's change in inventory for the quarter that ended in Mar. 2024 was €6.6 Mil. It means Zignago Vetro SpA's inventory declined by €6.6 Mil from Dec. 2023 to Mar. 2024 .

Zignago Vetro SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €-45.5 Mil. It means Zignago Vetro SpA's inventory increased by €45.5 Mil from Dec. 2022 to Dec. 2023 .

Zignago Vetro SpA's Total Inventories for the quarter that ended in Mar. 2024 was €151.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zignago Vetro SpA's Days Inventory for the quarter that ended in Mar. 2024 was 188.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zignago Vetro SpA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.

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. Zignago Vetro SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.28.

Zignago Vetro SpA Change In Inventory Historical Data

The historical data trend for Zignago Vetro SpA'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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Zignago Vetro SpA Change In Inventory Chart

Zignago Vetro SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-10.58

-6.02

2.99

-18.61

-45.51

Zignago Vetro SpA 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															-3.04	-6.36	-16.60	-19.52	6.55

Zignago Vetro SpA 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 €-35.9 Mil.

Zignago Vetro SpA (STU:ZVB) Change In Inventory Explanation

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

Zignago Vetro SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	154.679	/	75.077	*	365 / 4
	=	188.00

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

Zignago Vetro SpA's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	75.077	/	154.679
	=	0.49

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.

Zignago Vetro SpA's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	154.679	/	120.787
	=	1.28

Zignago Vetro SpA Change In Inventory Related Terms

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Zignago Vetro SpA (STU:ZVB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zignago Vetro SpA (STU:ZVB) » Definitions » Change In Inventory

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Traded in Other Exchanges

ZV:Italy ZVB:Germany

Address

Via Ita Marzotto 8, Fossalta di Portogruaro, Venice, ITA, 30025

Website

https://www.zignagovetro.com

Zignago Vetro SpA operates in the glass production sector. It manufactures hollow glass containers for Food and Beverages and Cosmetics and Perfumery sectors. The business of the group is carried in various geographical locations such as Italy, European Union, North America and other areas. The business activities of the group are divided into Zignago Vetro SpA: carries the production activity of containers for both sectors, Zignago Vetro Brosse SAS: looks into the production of glass containers for perfumes; Zignago Vetro Polska SA: which undertakes the production of customized products for cosmetic and perfumery containers and also for food and beverage niche markets.

Zignago Vetro SpA (STU:ZVB) Headlines

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