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Nortem Biogroup (XPAR:MLBIO) Change In Inventory : €0.00 Mil (TTM As of Dec. 2022)


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What is Nortem Biogroup Change In Inventory?

Nortem Biogroup's change in inventory for the quarter that ended in Dec. 2022 was €0.00 Mil. It means Nortem Biogroup's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Nortem Biogroup's change in inventory for the fiscal year that ended in Dec. 2022 was €0.00 Mil. It means Nortem Biogroup's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Nortem Biogroup's Total Inventories for the quarter that ended in Dec. 2022 was €4.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nortem Biogroup's Days Inventory for the quarter that ended in Dec. 2022 was 1,017.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nortem Biogroup's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.18.

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. Nortem Biogroup's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.45.

Nortem Biogroup Change In Inventory Historical Data

The historical data trend for Nortem Biogroup'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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Nortem Biogroup Change In Inventory Chart

Nortem Biogroup Annual Data
Trend Dec21 Dec22
Change In Inventory
- -

Nortem Biogroup Semi-Annual Data
Dec21 Dec22
Change In Inventory - -

Nortem Biogroup Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2022 was €0.00 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.

Nortem Biogroup  (XPAR:MLBIO) Change In Inventory Explanation

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

Nortem Biogroup's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.128/0.561*365 / 2
=1,017.58

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

Nortem Biogroup's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.561 / 3.128
=0.18

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.

Nortem Biogroup's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.128 / 6.983
=0.45

* 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.

Nortem Biogroup Change In Inventory Related Terms

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Nortem Biogroup (XPAR:MLBIO) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nortem Biogroup (XPAR:MLBIO) » Definitions » Change In Inventory
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Address
Calle Alexander Humboldt 12B, Polígono Industrial Salinas de Poniente, El Puerto de Santa María, Cadiz, ESP, 11500
Website
https://www.nortembiogroup.com
Nortem Chem SA is engaged in the research, development, innovation and industrialization in the field of biochemistry and biotechnology, as well as the production and sale of products based on biochemical and/or biotechnological processes. It emerged as a biotechnological company in the field of the food and chemical industry, with maximum environmental awareness, concentrating its research and product development efforts on the development of environmentally friendly alternatives from renewable sources and obtaining its own microorganisms (Aspergillus Niger and Yarrowia lipolytica) with outstanding capabilities from adaptation and selection processes, avoiding the use of genetic modification technologies.

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