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Grammer AG (WBO:GMM) Change In Inventory : €11 Mil (TTM As of Dec. 2023)


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What is Grammer AG Change In Inventory?

Grammer AG's change in inventory for the quarter that ended in Dec. 2023 was €7 Mil. It means Grammer AG's inventory declined by €7 Mil from Sep. 2023 to Dec. 2023 .

Grammer AG's change in inventory for the fiscal year that ended in Dec. 2023 was €11 Mil. It means Grammer AG's inventory declined by €11 Mil from Dec. 2022 to Dec. 2023 .

Grammer AG's Total Inventories for the quarter that ended in Dec. 2023 was €183 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grammer AG's Days Inventory for the quarter that ended in Dec. 2023 was 33.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grammer AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.71.

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. Grammer AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Grammer AG Change In Inventory Historical Data

The historical data trend for Grammer AG'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.

Grammer AG Change In Inventory Chart

Grammer AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.89 37.26 -42.60 -1.25 11.18

Grammer AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.30 6.45 14.12 -16.35 6.96

Grammer AG 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 quarterly data reported by the company within the most recent 12 months, which was €11 Mil.

* 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.

Grammer AG  (WBO:GMM) Change In Inventory Explanation

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

Grammer AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=188.1/509.455*365 / 4
=33.69

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=509.455 / 188.1
=2.71

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=188.1 / 570.392
=0.33

* 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.

Grammer AG Change In Inventory Related Terms

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Grammer AG (WBO:GMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grammer AG (WBO:GMM) » Definitions » Change In Inventory
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Traded in Other Exchanges
GMM:Germany
Address
Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Website
https://www.grammer.com
Grammer AG is a company that is engaged in developing and manufacturing components and systems for car interiors. It is active in producing auto parts including seats for heavy and off-road vehicles and cars. It manages its business in two segments namely Automotive and Commercial segments. The automotive division supplies interior components such as headrests. armrests and centre console and other spare parts. It also sells driver seats for offroad vehicles such as tractors, construction machinery and forklifts. The company operates its business globally. It earns the majority of its revenue from EMEA region followed by Americas and from APAC region as well.