Flour Mills Nigeria (NSA:FMNL) Change In Inventory : ₦-51,912 Mil (TTM As of Mar. 2023)

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What is Flour Mills Nigeria Change In Inventory?

Flour Mills Nigeria's change in inventory for the quarter that ended in Mar. 2023 was ₦-51,912 Mil. It means Flour Mills Nigeria's inventory increased by ₦51,912 Mil from Mar. 2022 to Mar. 2023 .

Flour Mills Nigeria's change in inventory for the fiscal year that ended in Mar. 2023 was ₦-51,912 Mil. It means Flour Mills Nigeria's inventory increased by ₦51,912 Mil from Mar. 2022 to Mar. 2023 .

Flour Mills Nigeria's Total Inventories for the quarter that ended in Mar. 2023 was ₦337,041 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flour Mills Nigeria's Days Inventory for the quarter that ended in Mar. 2023 was 41.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flour Mills Nigeria's Inventory Turnover for the quarter that ended in Mar. 2023 was 4.38.

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. Flour Mills Nigeria's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.20.

Flour Mills Nigeria Change In Inventory Historical Data

The historical data trend for Flour Mills Nigeria'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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Flour Mills Nigeria Change In Inventory Chart

Flour Mills Nigeria Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-7,814.79

4,700.17

-79,852.85

-89,013.79

-51,911.82

Flour Mills Nigeria Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Change In Inventory	Get a 7-Day Free Trial								-7,814.79	4,700.17	-79,852.85	-89,013.79	-51,911.82

Flour Mills Nigeria Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2023 was ₦-51,912 Mil.

Flour Mills Nigeria (NSA:FMNL) Change In Inventory Explanation

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

Flour Mills Nigeria's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	311130.41	/	1362551.941	*	365 / 2
	=	41.67

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

Flour Mills Nigeria's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1362551.941	/	311130.41
	=	4.38

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.

Flour Mills Nigeria's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	311130.41	/	1539654.788
	=	0.20

Flour Mills Nigeria Change In Inventory Related Terms

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Flour Mills Nigeria (NSA:FMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flour Mills Nigeria PLC (NSA:FMNL) » Definitions » Change In Inventory

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Address

Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA

Website

https://www.fmnplc.com

Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

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