MicroSalt (LSE:SALT) Change In Inventory : £0.00 Mil (TTM As of Jun. 2023)

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What is MicroSalt Change In Inventory?

MicroSalt's change in inventory for the quarter that ended in Jun. 2023 was £0.00 Mil. It means MicroSalt's inventory stayed the same from Dec. 2022 to Jun. 2023 .

MicroSalt's change in inventory for the fiscal year that ended in Dec. 2022 was £0.02 Mil. It means MicroSalt's inventory declined by £0.02 Mil from Dec. 2021 to Dec. 2022 .

MicroSalt's Total Inventories for the quarter that ended in Jun. 2023 was £0.46 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. MicroSalt's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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.

MicroSalt Change In Inventory Historical Data

The historical data trend for MicroSalt'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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MicroSalt Change In Inventory Chart

MicroSalt Annual Data

Trend

Dec20

Dec21

Dec22

Change In Inventory

-0.15

0.02

MicroSalt Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Change In Inventory	-	-	-	-	-

MicroSalt 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was £0.00 Mil.

MicroSalt (LSE:SALT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.313	/	0	*	365 / 4
	=	N/A

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

MicroSalt's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.313
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.313	/	0
	=	N/A

MicroSalt Change In Inventory Related Terms

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MicroSalt (LSE:SALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MicroSalt PLC (LSE:SALT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 New Fetter Lane, London, GBR, EC4A 1JP

Website

https://www.microsaltinc.com

MicroSalt Plc is a company that has developed a patent protected and scalable manufacturing process that produces a salt crystal that is approximately hundred times smaller than traditional salt, with an average size of less than twenty microns. It allows consumers to reduce their sodium intake by half without compromising on flavor.

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