Aveng (JSE:AEG) Change In Inventory : R-23 Mil (TTM As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Aveng Change In Inventory?

Aveng's change in inventory for the quarter that ended in Dec. 2023 was R6 Mil. It means Aveng's inventory declined by R6 Mil from Jun. 2023 to Dec. 2023 .

Aveng's change in inventory for the fiscal year that ended in Jun. 2023 was R-455 Mil. It means Aveng's inventory increased by R455 Mil from Jun. 2022 to Jun. 2023 .

Aveng's Total Inventories for the quarter that ended in Dec. 2023 was R254 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aveng's Days Inventory for the quarter that ended in Dec. 2023 was 2.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aveng's Inventory Turnover for the quarter that ended in Dec. 2023 was 68.98.

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. Aveng's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Aveng Change In Inventory Historical Data

The historical data trend for Aveng'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.

* Premium members only.

Aveng Change In Inventory Chart

Aveng Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Get a 7-Day Free Trial

41.79

27.87

-5.91

141.27

-455.42

Aveng 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															4.91	136.47	-394.81	-29.45	5.96

Aveng 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 R-23 Mil.

Aveng (JSE:AEG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	259.7715	/	17919.777	*	365 / 2
	=	2.65

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17919.777	/	259.7715
	=	68.98

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	259.7715	/	18966.756
	=	0.01

Aveng Change In Inventory Related Terms

Thank you for viewing the detailed overview of Aveng's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Aveng (JSE:AEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aveng Ltd (JSE:AEG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

UG8K:Germany

Address

10 The High Street, 3rd Floor, Melrose Arch, Johannesburg, GT, ZAF, 2076

Website

https://www.aveng.co.za

Aveng Ltd is in the construction and engineering business. It has the following segments. The Construction and Engineering segment specializes in the construction and maintenance of tunnels and pipelines, construction and Engineering: South Africa and rest of Africa; and mineral construction. It comprises McConnell Dowell and is divided into Australia, New Zealand, and Pacific, Built Environs, and Southeast Asia. The Mining segment comprises Moolmans and operates in the open cut and underground mining sectors. Construction and Engineering South Africa segment, Other and Eliminations segment comprises corporate services, Africa construction, corporate held investments, including properties and consolidation eliminations, and Manufacturing and Processing segment.