TECFF (Teco 2030 ASA) Change In Inventory : $0.00 Mil (TTM As of Jun. 2024)

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What is Teco 2030 ASA Change In Inventory?

Teco 2030 ASA's change in inventory for the quarter that ended in Jun. 2024 was $0.00 Mil. It means Teco 2030 ASA's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Teco 2030 ASA's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.84 Mil. It means Teco 2030 ASA's inventory increased by $0.84 Mil from Dec. 2022 to Dec. 2023 .

Teco 2030 ASA's Total Inventories for the quarter that ended in Jun. 2024 was $4.22 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Teco 2030 ASA's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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.

Teco 2030 ASA Change In Inventory Historical Data

The historical data trend for Teco 2030 ASA'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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Teco 2030 ASA Change In Inventory Chart

Teco 2030 ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.70

-0.27

0.15

-0.84

Teco 2030 ASA Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Teco 2030 ASA 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Teco 2030 ASA (OTCPK:TECFF) Change In Inventory Explanation

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

Teco 2030 ASA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.021	/	0	*	365 / 4
	=	N/A

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

Teco 2030 ASA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	4.021
	=	0.00

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.

Teco 2030 ASA's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.021	/	0
	=	N/A

Teco 2030 ASA Change In Inventory Related Terms

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Teco 2030 ASA Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TECO:Norway TE9:Germany

Address

Lysaker Torg 45, Lysaker, NOR, 1366

Website

https://www.teco2030.no

Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the Europe, United States of America, South America and Asia, of which the Europe accounts for the majority of the revenue.