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MINISO Group Holding (MINISO Group Holding) Change In Inventory : $0 Mil (TTM As of Mar. 2024)


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What is MINISO Group Holding Change In Inventory?

MINISO Group Holding's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means MINISO Group Holding's inventory stayed the same from Dec. 2023 to Mar. 2024 .

MINISO Group Holding's change in inventory for the fiscal year that ended in Jun. 2023 was $-35 Mil. It means MINISO Group Holding's inventory increased by $35 Mil from Jun. 2022 to Jun. 2023 .

MINISO Group Holding's Total Inventories for the quarter that ended in Mar. 2024 was $260 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MINISO Group Holding's Days Inventory for the quarter that ended in Mar. 2024 was 82.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. MINISO Group Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.

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. MINISO Group Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.


MINISO Group Holding Change In Inventory Historical Data

The historical data trend for MINISO Group Holding'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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MINISO Group Holding Change In Inventory Chart

MINISO Group Holding Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Inventory
Get a 7-Day Free Trial -56.95 -12.25 -14.51 46.00 -35.03

MINISO Group Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

MINISO Group Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* 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.


MINISO Group Holding  (NYSE:MNSO) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=264.709/292.588*365 / 4
=82.56

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

MINISO Group Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

MINISO Group Holding's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


MINISO Group Holding Change In Inventory Related Terms

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MINISO Group Holding (MINISO Group Holding) Business Description

Traded in Other Exchanges
Address
No. 109, Pazhou Avenue, 8th Floor, M Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510000
MINISO Group Holding Ltd is a retailer offering a variety of design-led lifestyle products. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand, which is engaged in the Design, buying and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying and sale of pop toys. The company generates maximum revenue from the MINISO brand segment. Geographically, it derives a majority of its revenue from China.