Veganz Group AG (XTER:VEZ) Change In Inventory : €1.53 Mil (TTM As of Jun. 2024)

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What is Veganz Group AG Change In Inventory?

Veganz Group AG's change in inventory for the quarter that ended in Jun. 2024 was €1.25 Mil. It means Veganz Group AG's inventory declined by €1.25 Mil from Dec. 2023 to Jun. 2024 .

Veganz Group AG's change in inventory for the fiscal year that ended in Dec. 2023 was €2.39 Mil. It means Veganz Group AG's inventory declined by €2.39 Mil from Dec. 2022 to Dec. 2023 .

Veganz Group AG's Total Inventories for the quarter that ended in Jun. 2024 was €1.55 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Veganz Group AG's Days Inventory for the quarter that ended in Jun. 2024 was 76.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Veganz Group AG's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.40.

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. Veganz Group AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.27.

Veganz Group AG Change In Inventory Historical Data

The historical data trend for Veganz Group AG'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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Veganz Group AG Change In Inventory Chart

Veganz Group AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.19

-2.74

-0.17

2.39

Veganz Group AG Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial					0.12	-0.29	2.10	0.29	1.25

Veganz Group AG 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1.53 Mil.

Veganz Group AG (XTER:VEZ) Change In Inventory Explanation

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

Veganz Group AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.8715	/	4.484	*	365 / 2
	=	76.17

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

Veganz Group AG's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.484	/	1.8715
	=	2.40

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.

Veganz Group AG's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8715	/	7.003
	=	0.27

Veganz Group AG Change In Inventory Related Terms

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Veganz Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Veganz Group AG (XTER:VEZ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

VEZ:Germany VEZ:Germany

Address

Warschauer Strasse 33, Berlin, DEU, 10243

Website

https://www.veganz.de

Veganz Group AG is a plant-based/vegan food company developing, producing, marketing, and distributing its products under its brand "Veganz". Its offering is characterized by a complete absence of all animal ingredients as well as products for the production of which animal ingredients are used. Some of its products include Biscuits and bakery products, Cheese Alternatives, Fish Alternatives, Ready Meals, and Sweet treats.

Executives

Moritz Möller	Board of Directors
Massimo Garau	Board of Directors
Jan Bredack	Board of Directors

Veganz Group AG Headlines

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