Sino-German United AG (FRA:SGU) Change In Inventory : €0.00 Mil (TTM As of Dec. 2023)

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What is Sino-German United AG Change In Inventory?

Sino-German United AG's change in inventory for the quarter that ended in Dec. 2023 was €0.00 Mil. It means Sino-German United AG's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Sino-German United AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.41 Mil. It means Sino-German United AG's inventory increased by €0.41 Mil from Dec. 2022 to Dec. 2023 .

Sino-German United AG's Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sino-German United AG's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. Sino-German United AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Sino-German United AG Change In Inventory Historical Data

The historical data trend for Sino-German United 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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Sino-German United AG Change In Inventory Chart

Sino-German United AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.04

-0.02

-0.57

0.57

-0.41

Sino-German United AG 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															-	-	-	-	-

Sino-German United 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

Sino-German United AG (FRA:SGU) Change In Inventory Explanation

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

Sino-German United 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
	=	0	/	0.476	*	365 / 2
	=	0.00

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

Sino-German United AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.476	/	0
	=	N/A

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.

Sino-German United AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.478
	=	0.00

Sino-German United AG Change In Inventory Related Terms

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Sino-German United AG (FRA:SGU) Business Description

Industry

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Traded in Other Exchanges

SGU:Germany

Address

Maximilianstraße 54, Munich, BY, DEU, 80538

Website

http://www.sgu-ag.de

Sino-German United AG is a trading company that focuses on the Chinese and German markets. The trading division of Sino-German United AG is currently focused on the trade in German consumer goods of daily use, Essentially the export of German premium beer to China. In addition, advising German and Chinese companies is part of the Corporate expertise to establish cooperation in economic and cultural promotion areas between China and Germany.