Hera SpA (MIL:HER) Change In Inventory : €12 Mil (TTM As of Mar. 2024)

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What is Hera SpA Change In Inventory?

Hera SpA's change in inventory for the quarter that ended in Mar. 2024 was €12 Mil. It means Hera SpA's inventory declined by €12 Mil from Dec. 2023 to Mar. 2024 .

Hera SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €395 Mil. It means Hera SpA's inventory declined by €395 Mil from Dec. 2022 to Dec. 2023 .

Hera SpA's Total Inventories for the quarter that ended in Mar. 2024 was €620 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hera SpA's Days Inventory for the quarter that ended in Mar. 2024 was 20.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hera SpA's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.47.

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. Hera SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

Hera SpA Change In Inventory Historical Data

The historical data trend for Hera SpA'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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Hera SpA Change In Inventory Chart

Hera SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-17.90

-3.80

-196.70

-627.40

395.10

Hera SpA 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															157.10	-	-	-	11.70

Hera SpA 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 €12 Mil.

Hera SpA (MIL:HER) Change In Inventory Explanation

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

Hera SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	625.75	/	2794.8	*	365 / 4
	=	20.43

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

Hera SpA's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2794.8	/	625.75
	=	4.47

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.

Hera SpA's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	625.75	/	3285.8
	=	0.19

Hera SpA Change In Inventory Related Terms

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Hera SpA (MIL:HER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hera SpA (MIL:HER) » Definitions » Change In Inventory

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Traded in Other Exchanges

HERm:UK 0NVV:UK HE9:Germany

Address

Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127

Website

https://www.gruppohera.it

Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.

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