Bakkavor Group (Bakkavor Group) Change In Inventory : $21 Mil (TTM As of Dec. 2023)

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What is Bakkavor Group Change In Inventory?

Bakkavor Group's change in inventory for the quarter that ended in Dec. 2023 was $12 Mil. It means Bakkavor Group's inventory declined by $12 Mil from Jun. 2023 to Dec. 2023 .

Bakkavor Group's change in inventory for the fiscal year that ended in Dec. 2023 was $21 Mil. It means Bakkavor Group's inventory declined by $21 Mil from Dec. 2022 to Dec. 2023 .

Bakkavor Group's Total Inventories for the quarter that ended in Dec. 2023 was $90 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bakkavor Group's Days Inventory for the quarter that ended in Dec. 2023 was 16.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bakkavor Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.79.

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. Bakkavor Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Bakkavor Group Change In Inventory Historical Data

The historical data trend for Bakkavor 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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Bakkavor Group Change In Inventory Chart

Bakkavor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.79

0.94

-9.31

-19.25

20.63

Bakkavor Group Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial											-17.69	-11.58	-7.80	8.59	12.03

Bakkavor 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 $21 Mil.

Bakkavor Group (OTCPK:BKKVF) Change In Inventory Explanation

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

Bakkavor 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
	=	95.253	/	1027.721	*	365 / 2
	=	16.91

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1027.721	/	95.253
	=	10.79

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	95.253	/	1409.367
	=	0.07

Bakkavor Group Change In Inventory Related Terms

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Bakkavor Group (Bakkavor Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bakkavor Group PLC (OTCPK:BKKVF) » Definitions » Change In Inventory

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Traded in Other Exchanges

BAKKl:UK BAKK:UK

Address

8 Mortimer Street, Fitzroy Place, 5th Floor, London, GBR, W1T 3JJ

Website

https://www.bakkavor.com

Bakkavor Group PLC manufactures and markets a wide variety of freshly prepared food, covering a range of categories including meals, desserts, pizza & bread and salads. Some of its other products include soups & sauces, bread & dips, food-to-go, salads, fresh-cut salads, sandwiches & wraps, and bakery products. Its customers include grocery retailers as well as international food brands. Its geographical segments are the United Kingdom, United States, and China, of which the most of its revenue comes from the United Kingdom.

Bakkavor Group (Bakkavor Group) Headlines

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