Asseco Poland (WAR:ACP) Change In Inventory : zł29 Mil (TTM As of Mar. 2024)

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What is Asseco Poland Change In Inventory?

Asseco Poland's change in inventory for the quarter that ended in Mar. 2024 was zł44 Mil. It means Asseco Poland's inventory declined by zł44 Mil from Dec. 2023 to Mar. 2024 .

Asseco Poland's change in inventory for the fiscal year that ended in Dec. 2023 was zł-27 Mil. It means Asseco Poland's inventory increased by zł27 Mil from Dec. 2022 to Dec. 2023 .

Asseco Poland's Total Inventories for the quarter that ended in Mar. 2024 was zł273 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asseco Poland's Days Inventory for the quarter that ended in Mar. 2024 was 8.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asseco Poland's Inventory Turnover for the quarter that ended in Mar. 2024 was 11.15.

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. Asseco Poland's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.

Asseco Poland Change In Inventory Historical Data

The historical data trend for Asseco Poland'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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Asseco Poland Change In Inventory Chart

Asseco Poland Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-21.50

-34.90

-2.40

-111.91

-27.01

Asseco Poland 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															-12.60	14.60	-31.00	1.99	43.80

Asseco Poland 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 zł29 Mil.

Asseco Poland (WAR:ACP) Change In Inventory Explanation

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

Asseco Poland's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	299.45	/	3338.7	*	365 / 4
	=	8.18

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3338.7	/	299.45
	=	11.15

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	299.45	/	4249.6
	=	0.07

Asseco Poland Change In Inventory Related Terms

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Asseco Poland (WAR:ACP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco Poland SA (WAR:ACP) » Definitions » Change In Inventory

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SFB1:Germany

Address

14 Olchowa Street, Rzeszow, POL, 35-322

Website

http://www.asseco.pl

Asseco Poland SA is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel. The firm develops sector-specific software for banking and finance, and executes large IT projects for healthcare, insurance, and other sectors in public administration. Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises. A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.