GFT Technologies SE (XTER:GFT) Change In Inventory : €0.0 Mil (TTM As of Mar. 2024)

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What is GFT Technologies SE Change In Inventory?

GFT Technologies SE's change in inventory for the quarter that ended in Mar. 2024 was €0.0 Mil. It means GFT Technologies SE's inventory stayed the same from Dec. 2023 to Mar. 2024 .

GFT Technologies SE's change in inventory for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means GFT Technologies SE's inventory stayed the same from Dec. 2022 to Dec. 2023 .

GFT Technologies SE's Total Inventories for the quarter that ended in Mar. 2024 was €3.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GFT Technologies SE's Days Inventory for the quarter that ended in Mar. 2024 was 0.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. GFT Technologies SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 116.41.

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. GFT Technologies SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

GFT Technologies SE Change In Inventory Historical Data

The historical data trend for GFT Technologies SE'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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GFT Technologies SE Change In Inventory Chart

GFT Technologies SE Annual Data

Trend

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Change In Inventory

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GFT Technologies SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

GFT Technologies SE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

GFT Technologies SE (XTER:GFT) Change In Inventory Explanation

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

GFT Technologies SE's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.527	/	177.753	*	365 / 4
	=	0.78

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

GFT Technologies SE's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	177.753	/	1.527
	=	116.41

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.

GFT Technologies SE's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.527	/	212.39
	=	0.01

GFT Technologies SE Change In Inventory Related Terms

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GFT Technologies SE (XTER:GFT) Business Description

Industry

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GFT:Austria

Address

Schelmenwasenstrasse 34, Stuttgart, BW, DEU, 70567

Website

https://www.gft.com/int/en

GFT Technologies SE is engaged in shaping the digital transformation of companies in the financial and insurance sectors, as well as in the manufacturing industry. As an IT service provider and developer of digital solutions, It offers consulting, development, and implementation skills across all aspects of pioneering technologies from cloud engineering to artificial intelligence and blockchain/DLT. The company has two operating segments; The Americas, UK & APAC comprises operating companies in the following countries: Brazil Costa Rica, Singapore, Hong Kong, the United Kingdom, the United States of America, Canada, Vietnam, and Mexico, and Continental Europe comprises operating companies in the following countries: Belgium, Poland, Germany, Switzerland, France, Spain, and Italy.

Executives

Dr. Jochen Ruetz

Managing Director (CFO) and Member of the Administrative Board

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