African Equity Empowerment Investments (JSE:AEE) Change In Inventory : R0.0 Mil (TTM As of Aug. 2023)

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What is African Equity Empowerment Investments Change In Inventory?

African Equity Empowerment Investments's change in inventory for the quarter that ended in Aug. 2023 was R0.0 Mil. It means African Equity Empowerment Investments's inventory stayed the same from Feb. 2023 to Aug. 2023 .

African Equity Empowerment Investments's change in inventory for the fiscal year that ended in Aug. 2023 was R-4.5 Mil. It means African Equity Empowerment Investments's inventory increased by R4.5 Mil from Aug. 2022 to Aug. 2023 .

African Equity Empowerment Investments's Total Inventories for the quarter that ended in Aug. 2023 was R149.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. African Equity Empowerment Investments's Days Inventory for the quarter that ended in Aug. 2023 was 132.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. African Equity Empowerment Investments's Inventory Turnover for the quarter that ended in Aug. 2023 was 1.38.

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. African Equity Empowerment Investments's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.40.

African Equity Empowerment Investments Change In Inventory Historical Data

The historical data trend for African Equity Empowerment Investments'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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African Equity Empowerment Investments Change In Inventory Chart

African Equity Empowerment Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Inventory

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-0.66

35.83

-20.32

-86.28

-4.54

African Equity Empowerment Investments Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

African Equity Empowerment Investments 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.0 Mil.

African Equity Empowerment Investments (JSE:AEE) Change In Inventory Explanation

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

African Equity Empowerment Investments's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	157.515	/	216.975	*	365 / 2
	=	132.49

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

African Equity Empowerment Investments's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	216.975	/	157.515
	=	1.38

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.

African Equity Empowerment Investments's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	157.515	/	389.612
	=	0.40

African Equity Empowerment Investments Change In Inventory Related Terms

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African Equity Empowerment Investments (JSE:AEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » African Equity Empowerment Investments Ltd (JSE:AEE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Dock Road, Victoria & Alfred Waterfront, 1st Floor, Waterway House North, Cape Town, WC, ZAF, 8001

Website

https://www.aeei.co.za

African Equity Empowerment Investments Ltd is a black-owned and black-managed investment holding company. Its segments include Fishing and brands, Technology, Health and beauty, Events and tourism, and Corporate. It generates maximum revenue from the Technology segment. The company exports its products to African countries, India and Europe and the majority of the revenue comes from South Africa.