AlzChem Group AG (LTS:0ACT) Change In Inventory : €-6.5 Mil (TTM As of Mar. 2024)

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What is AlzChem Group AG Change In Inventory?

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

AlzChem Group AG's change in inventory for the fiscal year that ended in Dec. 2023 was €9.6 Mil. It means AlzChem Group AG's inventory declined by €9.6 Mil from Dec. 2022 to Dec. 2023 .

AlzChem Group AG's Total Inventories for the quarter that ended in Mar. 2024 was €97.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AlzChem Group AG's Days Inventory for the quarter that ended in Mar. 2024 was 156.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. AlzChem Group AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

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. AlzChem Group AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

AlzChem Group AG Change In Inventory Historical Data

The historical data trend for AlzChem 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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AlzChem Group AG Change In Inventory Chart

AlzChem Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.43

5.32

-16.46

-37.93

9.57

AlzChem Group AG 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															-	-6.50	-	-	-

AlzChem 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-6.5 Mil.

AlzChem Group AG (LTS:0ACT) Change In Inventory Explanation

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

AlzChem 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
	=	102.345	/	59.757	*	365 / 4
	=	156.28

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	59.757	/	102.345
	=	0.58

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	102.345	/	150.064
	=	0.68

AlzChem Group AG Change In Inventory Related Terms

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AlzChem Group AG (LTS:0ACT) Business Description

Industry

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Traded in Other Exchanges

ACT:Germany

Address

Dr.-Albert-Frank-Street 32, Trostberg, DEU, 83308

Website

https://www.alzchem.com

AlzChem Group AG is an international chemical company. Its reportable segments are Specialty Chemicals, Basics and Intermediates, and Other Holdings. The specialty chemicals segment focuses on the production and distribution of high-quality growth products, and the basics and intermediates segment covers the production of basic and intermediate products. It generates a majority of its revenue from the Specialty Chemical segment. Geographically it serves Europe, Asia, and the Rest of the world whilst deriving substantial revenue from Germany.

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