Tronics Microsystems (XPAR:ALTRO) Change In Inventory : €0.00 Mil (TTM As of Sep. 2023)

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What is Tronics Microsystems Change In Inventory?

Tronics Microsystems's change in inventory for the quarter that ended in Sep. 2023 was €0.00 Mil. It means Tronics Microsystems's inventory stayed the same from Mar. 2023 to Sep. 2023 .

Tronics Microsystems's change in inventory for the fiscal year that ended in Mar. 2023 was €0.00 Mil. It means Tronics Microsystems's inventory stayed the same from Mar. 2022 to Mar. 2023 .

Tronics Microsystems's Total Inventories for the quarter that ended in Sep. 2023 was €3.97 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tronics Microsystems's Days Inventory for the quarter that ended in Sep. 2023 was 414.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tronics Microsystems's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.44.

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. Tronics Microsystems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.60.

Tronics Microsystems Change In Inventory Historical Data

The historical data trend for Tronics Microsystems'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.
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Tronics Microsystems Change In Inventory Chart

Tronics Microsystems Annual Data

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Change In Inventory

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Tronics Microsystems Semi-Annual Data
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Tronics Microsystems 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

Tronics Microsystems (XPAR:ALTRO) Change In Inventory Explanation

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

Tronics Microsystems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.1415	/	1.824	*	365 / 2
	=	414.38

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

Tronics Microsystems's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.824	/	4.1415
	=	0.44

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.

Tronics Microsystems's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.1415	/	6.852
	=	0.60

Tronics Microsystems Change In Inventory Related Terms

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Tronics Microsystems (XPAR:ALTRO) Business Description

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Address

98 rue du Pré de l’Horme, Crolles, Cedex, FRA, 38926

Website

http://www.tronicsgroup.com

Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

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