LED iBond International A/S (OCSE:LEDIBOND) Change In Inventory : kr0.10 Mil (TTM As of Mar. 2024)

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What is LED iBond International A/S Change In Inventory?

LED iBond International A/S's change in inventory for the quarter that ended in Mar. 2024 was kr-0.31 Mil. It means LED iBond International A/S's inventory increased by kr0.31 Mil from Dec. 2023 to Mar. 2024 .

LED iBond International A/S's change in inventory for the fiscal year that ended in Dec. 2023 was kr0.38 Mil. It means LED iBond International A/S's inventory declined by kr0.38 Mil from Dec. 2022 to Dec. 2023 .

LED iBond International A/S's Total Inventories for the quarter that ended in Mar. 2024 was kr2.57 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LED iBond International A/S's Days Inventory for the quarter that ended in Mar. 2024 was 103.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. LED iBond International A/S's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.88.

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. LED iBond International A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.25.

LED iBond International A/S Change In Inventory Historical Data

The historical data trend for LED iBond International A/S'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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LED iBond International A/S Change In Inventory Chart

LED iBond International A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.50

0.48

-0.18

1.26

0.38

LED iBond International A/S 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															-0.03	-0.10	0.03	0.49	-0.31

LED iBond International A/S 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 kr0.10 Mil.

LED iBond International A/S (OCSE:LEDIBOND) Change In Inventory Explanation

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

LED iBond International A/S's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.4195	/	2.14	*	365 / 4
	=	103.17

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

LED iBond International A/S's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.14	/	2.4195
	=	0.88

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.

LED iBond International A/S's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.4195	/	1.941
	=	1.25

LED iBond International A/S Change In Inventory Related Terms

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LED iBond International A/S (OCSE:LEDIBOND) Business Description

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Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

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