Microlise Group (LSE:SAAS) Change In Inventory : £-0.71 Mil (TTM As of Dec. 2023)

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What is Microlise Group Change In Inventory?

Microlise Group's change in inventory for the quarter that ended in Dec. 2023 was £-0.01 Mil. It means Microlise Group's inventory increased by £0.01 Mil from Jun. 2023 to Dec. 2023 .

Microlise Group's change in inventory for the fiscal year that ended in Dec. 2023 was £-0.71 Mil. It means Microlise Group's inventory increased by £0.71 Mil from Dec. 2022 to Dec. 2023 .

Microlise Group's Total Inventories for the quarter that ended in Dec. 2023 was £3.35 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Microlise Group's Days Inventory for the quarter that ended in Dec. 2023 was 41.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microlise Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.42.

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. Microlise Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Microlise Group Change In Inventory Historical Data

The historical data trend for Microlise Group'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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Microlise Group Change In Inventory Chart

Microlise Group Annual Data

Trend

Jun19

Jun20

Jun21

Dec22

Dec23

Change In Inventory

-1.09

-0.29

0.31

-0.71

Microlise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-0.24	-0.58	0.88	-0.70	-0.01

Microlise Group 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 £-0.71 Mil.

Microlise Group (LSE:SAAS) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.3415	/	14.758	*	365 / 2
	=	41.32

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.758	/	3.3415
	=	4.42

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.3415	/	37.829
	=	0.09

Microlise Group Change In Inventory Related Terms

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Microlise Group (LSE:SAAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Microlise Group PLC (LSE:SAAS) » Definitions » Change In Inventory

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Traded in Other Exchanges

2DI:Germany

Address

Farrington Way, Eastwood, Nottingham, GBR, NG16 3AG

Website

https://www.microlise.com

Microlise Group PLC is a provider of transportation management solutions to enterprise customers. It automates and optimizes critical processes such as scheduling, routing, driver performance monitoring, and resource allocation, while providing valuable, actionable real-time data.