Advanced Braking Technology (ASX:ABV) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is Advanced Braking Technology Change In Inventory?

Advanced Braking Technology's change in inventory for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Advanced Braking Technology's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Advanced Braking Technology's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Advanced Braking Technology's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Advanced Braking Technology's Total Inventories for the quarter that ended in Dec. 2023 was A$3.46 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advanced Braking Technology's Days Inventory for the quarter that ended in Dec. 2023 was 170.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Braking Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.07.

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. Advanced Braking Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

Advanced Braking Technology Change In Inventory Historical Data

The historical data trend for Advanced Braking Technology'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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Advanced Braking Technology Change In Inventory Chart

Advanced Braking Technology Annual Data

Trend

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Change In Inventory

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Advanced Braking Technology 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															-	-	-	-	-

Advanced Braking Technology 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 A$0.00 Mil.

Advanced Braking Technology (ASX:ABV) Change In Inventory Explanation

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

Advanced Braking Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.4415	/	3.685	*	365 / 2
	=	170.44

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

Advanced Braking Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.685	/	3.4415
	=	1.07

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.

Advanced Braking Technology's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.4415	/	7.112
	=	0.48

Advanced Braking Technology Change In Inventory Related Terms

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Advanced Braking Technology (ASX:ABV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Advanced Braking Technology Ltd (ASX:ABV) » Definitions » Change In Inventory

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Address

73 Inspiration Drive, Wangara, WA, AUS, 6065

Website

https://www.advancedbraking.com

Advanced Braking Technology Ltd is an Australian firm engaged in the commercialisation, research, development, and manufacture of the ABT Failsafe Brakes, ABT Failsafe Emergency Driveline Brakes, Terra Dura Brakes, and associated braking systems. It develops its product portfolio for a diverse range of industries such as mining, defense, civil construction, and waste management industries. Geographically, the company generates a majority of its revenue from Australia and exports overseas.

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