Revenga Ingenieros (XMAD:RSS) Change In Inventory: €-3.54 Mil (TTM As of Jun. 2024)


XMAD:RSS Revenga Ingenieros SA XMAD:RSS
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What is Revenga Ingenieros Change In Inventory?

Revenga Ingenieros XMAD:RSS 10 Change In Inventory is €-3.54 Mil as of Jun. 2024. GuruFocus rates XMAD:RSS with a GF Score™ of 10/100.

Revenga Ingenieros's change in inventory for the quarter that ended in Jun. 2024 was €-3.41 Mil. It means Revenga Ingenieros's inventory increased by €3.41 Mil from Dec. 2023 to Jun. 2024 .

Revenga Ingenieros's change in inventory for the fiscal year that ended in Dec. 2023 was €-3.24 Mil. It means Revenga Ingenieros's inventory increased by €3.24 Mil from Dec. 2022 to Dec. 2023 .

Revenga Ingenieros's Total Inventories for the quarter that ended in Jun. 2024 was €10.85 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Revenga Ingenieros's Days Inventory for the quarter that ended in Jun. 2024 was 471.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Revenga Ingenieros's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.39.

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. Revenga Ingenieros's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.60.

Revenga Ingenieros  (XMAD:RSS) Change In Inventory Explanation

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

Revenga Ingenieros's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.126/3.531*365 / 2
=471.68

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

Revenga Ingenieros's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.531 / 9.126
=0.39

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.

Revenga Ingenieros's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.126 / 15.3
=0.60

* 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.

Revenga Ingenieros Change In Inventory Related Terms

Revenga Ingenieros Change In Inventory Historical Data

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The historical data trend for Revenga Ingenieros'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.

Revenga Ingenieros Change In Inventory Chart

Revenga Ingenieros Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
0.07 -1.14 -3.25 -3.24

Revenga Ingenieros Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24
Change In Inventory Get a 7-Day Free Trial 0.00 0.00 -3.11 -0.13 -3.41
XMAD:RSS
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Revenga Ingenieros SA XMAD:RSS
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Revenga Ingenieros 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 semi-annually data reported by the company within the most recent 12 months, which was €-3.54 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €-3.54 Mil mean?
Revenga Ingenieros (XMAD:RSS) has a Change In Inventory of €-3.54 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Revenga Ingenieros and its competitors.
Is Revenga Ingenieros' Change In Inventory too high?
Revenga Ingenieros' current Change In Inventory is €-3.54 Mil. Overall, Revenga Ingenieros has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Revenga Ingenieros' Change In Inventory compare to IBM and ACN?
Revenga Ingenieros' Change In Inventory of €-3.54 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Software company?
A good Change In Inventory depends on the Software industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Revenga Ingenieros and its competitors. Revenga Ingenieros's current Change In Inventory is €-3.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revenga Ingenieros stock overvalued right now?
Revenga Ingenieros (XMAD:RSS) has a current Change In Inventory of €-3.54 Mil. The current Change In Inventory is €-3.54 Mil. Revenga Ingenieros' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Revenga Ingenieros (XMAD:RSS), the current Change In Inventory is €-3.54 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Revenga Ingenieros Business Description

Address Calle Fragua 6, Tres Cantos, Madrid, ESP, 28760
Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc.
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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