Zinzino Holding AB (Zinzino Holding AB) Change In Inventory : $-0.9 Mil (TTM As of Dec. 2023)

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What is Zinzino Holding AB Change In Inventory?

Zinzino Holding AB's change in inventory for the quarter that ended in Dec. 2023 was $0.6 Mil. It means Zinzino Holding AB's inventory declined by $0.6 Mil from Sep. 2023 to Dec. 2023 .

Zinzino Holding AB's change in inventory for the fiscal year that ended in Dec. 2023 was $-1.0 Mil. It means Zinzino Holding AB's inventory increased by $1.0 Mil from Dec. 2022 to Dec. 2023 .

Zinzino Holding AB's Total Inventories for the quarter that ended in Dec. 2023 was $19.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zinzino Holding AB's Days Inventory for the quarter that ended in Dec. 2023 was 53.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zinzino Holding AB's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.72.

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. Zinzino Holding AB's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.

Zinzino Holding AB Change In Inventory Historical Data

The historical data trend for Zinzino Holding AB'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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Zinzino Holding AB Change In Inventory Chart

Zinzino Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.56

-4.37

-3.49

-2.52

-1.00

Zinzino Holding AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															0.34	0.57	-1.81	-0.21	0.55

Zinzino Holding AB 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 quarterly data reported by the company within the most recent 12 months, which was $-0.9 Mil.

Zinzino Holding AB (OTCPK:ZNZNF) Change In Inventory Explanation

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

Zinzino Holding AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	18.554	/	31.934	*	365 / 4
	=	53.02

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

Zinzino Holding AB's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	31.934	/	18.554
	=	1.72

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.

Zinzino Holding AB's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.554	/	42.695
	=	0.43

Zinzino Holding AB Change In Inventory Related Terms

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Zinzino Holding AB (Zinzino Holding AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zinzino Holding AB (OTCPK:ZNZNF) » Definitions » Change In Inventory

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ZZ B:Sweden 9EE:Germany

Address

Hulda Mellgrens Gata 5, Vastra Frolunda, Gothenburg, SWE, 421 32

Website

https://www.zinzino.com

Zinzino Holding AB is a direct sales company. The company offers products focusing on nutritional supplements, skincare, and lifestyle products. The company operates in two segments Zinzino and Faun. The majority of the revenue is generated from the Zinzino segment. The company's product areas include Immune and Brain, SkinCare, Weight Control, Beverages, and others. The company's geographical segments include Sweden, Hungary, Germany, Norway, Finland, Denmark, and other countries.

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