Argon Denims (DHA:ARGONDENIM) Change In Inventory : BDT34 Mil (TTM As of Dec. 2023)

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What is Argon Denims Change In Inventory?

Argon Denims's change in inventory for the quarter that ended in Dec. 2023 was BDT-136 Mil. It means Argon Denims's inventory increased by BDT136 Mil from Sep. 2023 to Dec. 2023 .

Argon Denims's change in inventory for the fiscal year that ended in Jun. 2023 was BDT58 Mil. It means Argon Denims's inventory declined by BDT58 Mil from Jun. 2022 to Jun. 2023 .

Argon Denims's Total Inventories for the quarter that ended in Dec. 2023 was BDT1,794 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Argon Denims's Days Inventory for the quarter that ended in Dec. 2023 was 120.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Argon Denims's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.76.

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. Argon Denims's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.23.

Argon Denims Change In Inventory Historical Data

The historical data trend for Argon Denims'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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Argon Denims Change In Inventory Chart

Argon Denims Annual Data

Trend

Dec13

Dec14

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-103.20

57.66

Argon Denims Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															2.51	-	-	170.82	-136.49

Argon Denims 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 quarterly data reported by the company within the most recent 12 months, which was BDT34 Mil.

Argon Denims (DHA:ARGONDENIM) Change In Inventory Explanation

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

Argon Denims's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1725.926	/	1309.301	*	365 / 4
	=	120.29

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1309.301	/	1725.926
	=	0.76

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1725.926	/	1400.274
	=	1.23

Argon Denims Change In Inventory Related Terms

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Argon Denims (DHA:ARGONDENIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Argon Denims Ltd (DHA:ARGONDENIM) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229

Website

http://www.argondenims.com

Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST with casts and colors.

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