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Webuy Global (Webuy Global) Change In Inventory : $0.37 Mil (TTM As of Dec. 2023)


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What is Webuy Global Change In Inventory?

Webuy Global's change in inventory for the quarter that ended in Dec. 2023 was $-0.42 Mil. It means Webuy Global's inventory increased by $0.42 Mil from Jun. 2023 to Dec. 2023 .

Webuy Global's change in inventory for the fiscal year that ended in Dec. 2023 was $0.37 Mil. It means Webuy Global's inventory declined by $0.37 Mil from Dec. 2022 to Dec. 2023 .

Webuy Global's Total Inventories for the quarter that ended in Dec. 2023 was $0.77 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Webuy Global's Days Inventory for the quarter that ended in Dec. 2023 was 3.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Webuy Global's Inventory Turnover for the quarter that ended in Dec. 2023 was 58.03.

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. Webuy Global's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Webuy Global Change In Inventory Historical Data

The historical data trend for Webuy Global'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.

Webuy Global Change In Inventory Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Change In Inventory
-0.38 -0.39 0.37

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory - 0.17 -0.55 0.79 -0.42

Webuy Global 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 $0.37 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.

Webuy Global  (NAS:WBUY) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.5665/32.873*365 / 2
=3.15

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=32.873 / 0.5665
=58.03

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.5665 / 37.286
=0.02

* 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.

Webuy Global Change In Inventory Related Terms

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Webuy Global (Webuy Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Webuy Global Ltd (NAS:WBUY) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Website
https://www.webuysg.com
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.