Ringmetall SE (XTER:HP3A) Change In Inventory : €0.0 Mil (TTM As of Dec. 2023)

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What is Ringmetall SE Change In Inventory?

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

Ringmetall SE's change in inventory for the fiscal year that ended in Dec. 2023 was €4.1 Mil. It means Ringmetall SE's inventory declined by €4.1 Mil from Dec. 2022 to Dec. 2023 .

Ringmetall SE's Total Inventories for the quarter that ended in Dec. 2023 was €19.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ringmetall SE's Days Inventory for the quarter that ended in Dec. 2023 was 97.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ringmetall SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.

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. Ringmetall SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.

Ringmetall SE Change In Inventory Historical Data

The historical data trend for Ringmetall 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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Ringmetall SE Change In Inventory Chart

Ringmetall SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.50

1.08

-12.33

0.03

4.06

Ringmetall SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Ringmetall 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Ringmetall SE (XTER:HP3A) Change In Inventory Explanation

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

Ringmetall 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
	=	21.046	/	39.301	*	365 / 2
	=	97.73

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

Ringmetall SE's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39.301	/	21.046
	=	1.87

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.

Ringmetall SE's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.046	/	81.021
	=	0.26

Ringmetall SE Change In Inventory Related Terms

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Ringmetall SE (XTER:HP3A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ringmetall SE (XTER:HP3A) » Definitions » Change In Inventory

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HP3:Germany HP3A:Germany HP3A:Germany

Address

Innere Wiener Street 9, Munich, BY, DEU, 81667

Website

https://www.ringmetall.de

Ringmetall SE is a supplier in the packaging industry with a focus on packaging elements in the field of industrial drums. Its main activities are allocated to the Industrial Packaging and Industrial Handling business units. The majority of its revenue is generated from industrial packaging segment. The products offered by the group are Clamping rings and lids, Vehicle attachment parts, and other products, of which a majority of the revenue is generated from the sales of Clamping rings and lids. The Industrial packaging segment covers the production and sale of clamping rings and the associated closures, whereas the Industrial Handling segment includes the production and marketing of vehicle attachment parts for special vehicles in logistics and warehouse logistics as well as agriculture.

Executives

Christoph Petri

Board of Directors

Ringmetall SE (XTER:HP3A) Headlines

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