Umbrella Global Energy (XMAD:UMB) Change In Inventory : €2.22 Mil (TTM As of Dec. 2023)

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What is Umbrella Global Energy Change In Inventory?

Umbrella Global Energy's change in inventory for the quarter that ended in Dec. 2023 was €5.09 Mil. It means Umbrella Global Energy's inventory declined by €5.09 Mil from Jun. 2023 to Dec. 2023 .

Umbrella Global Energy's change in inventory for the fiscal year that ended in Dec. 2023 was €2.22 Mil. It means Umbrella Global Energy's inventory declined by €2.22 Mil from Dec. 2022 to Dec. 2023 .

Umbrella Global Energy's Total Inventories for the quarter that ended in Dec. 2023 was €7.78 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Umbrella Global Energy's Days Inventory for the quarter that ended in Dec. 2023 was 255.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Umbrella Global Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.72.

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. Umbrella Global Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.04.

Umbrella Global Energy Change In Inventory Historical Data

The historical data trend for Umbrella Global Energy'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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Umbrella Global Energy Change In Inventory Chart

Umbrella Global Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-2.20

-1.33

-1.71

-6.38

2.22

Umbrella Global Energy Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-	-2.73	-3.65	-2.87	5.09

Umbrella Global Energy 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 €2.22 Mil.

Umbrella Global Energy (XMAD:UMB) Change In Inventory Explanation

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

Umbrella Global Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8.842	/	6.328	*	365 / 2
	=	255.00

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

Umbrella Global Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.328	/	8.842
	=	0.72

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.

Umbrella Global Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.842	/	8.491
	=	1.04

Umbrella Global Energy Change In Inventory Related Terms

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Umbrella Global Energy Business Description

Industry

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Traded in Other Exchanges

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Address

Plaza de America 2, 4th Floor, Gate AB, Valencia, ESP, 46004

Website

http://www.umbrellasolarinvestment.com

Umbrella Global Energy SA, formerly Umbrella Solar Investment SA is a company with a focus on photovoltaics. The business activity encompasses the entire value chain of the photovoltaic sector, from the initial stage of project design, financing, comprehensive construction, operation and maintenance through to the active management of the energy generated in photovoltaic plants.

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