TheWorks.Co.uk (LSE:WRKS) Change In Inventory : £-2.3 Mil (TTM As of Oct. 2023)

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What is TheWorks.Co.uk Change In Inventory?

TheWorks.Co.uk's change in inventory for the quarter that ended in Oct. 2023 was £-23.2 Mil. It means TheWorks.Co.uk's inventory increased by £23.2 Mil from Apr. 2023 to Oct. 2023 .

TheWorks.Co.uk's change in inventory for the fiscal year that ended in Apr. 2023 was £-3.1 Mil. It means TheWorks.Co.uk's inventory increased by £3.1 Mil from Apr. 2022 to Apr. 2023 .

TheWorks.Co.uk's Total Inventories for the quarter that ended in Oct. 2023 was £56.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TheWorks.Co.uk's Days Inventory for the quarter that ended in Oct. 2023 was 71.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. TheWorks.Co.uk's Inventory Turnover for the quarter that ended in Oct. 2023 was 2.54.

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. TheWorks.Co.uk's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.37.

TheWorks.Co.uk Change In Inventory Historical Data

The historical data trend for TheWorks.Co.uk'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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TheWorks.Co.uk Change In Inventory Chart

TheWorks.Co.uk Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

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-3.64

-1.41

-2.28

-0.89

-3.13

TheWorks.Co.uk Semi-Annual Data
	Apr16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Inventory	Get a 7-Day Free Trial										-10.72	9.83	-24.03	20.90	-23.22

TheWorks.Co.uk 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.3 Mil.

TheWorks.Co.uk (LSE:WRKS) Change In Inventory Explanation

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

TheWorks.Co.uk's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	44.7795	/	113.935	*	365 / 2
	=	71.73

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

TheWorks.Co.uk's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	113.935	/	44.7795
	=	2.54

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.

TheWorks.Co.uk's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	44.7795	/	122.575
	=	0.37

TheWorks.Co.uk Change In Inventory Related Terms

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TheWorks.Co.uk (LSE:WRKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TheWorks.Co.uk PLC (LSE:WRKS) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Boldmere House, Faraday Avenue, Hams Hall Distribution Park, Coleshill, Birmingham, GBR, B46 1AL

Website

https://www.theworks.co.uk

TheWorks.Co.uk PLC is a multi-channel specialist retailers. The company's product categories include Books, Stationery, Arts and crafts, and Toys and games. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in EU countries. Some of the company brands include Boldmere, Brain Maze, CMYK Design Works, Corner Piece, Crawford and Black, Easter Wishes, Explore, Learn, Discover, Fun Workz, Make and Create Boutique, The Craft Place, and others. It has one operating segment with two revenue streams, in store and online.

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