Topps Tiles (Topps Tiles) Change In Inventory : $2.8 Mil (TTM As of Sep. 2023)

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What is Topps Tiles Change In Inventory?

Topps Tiles's change in inventory for the quarter that ended in Sep. 2023 was $3.8 Mil. It means Topps Tiles's inventory declined by $3.8 Mil from Mar. 2023 to Sep. 2023 .

Topps Tiles's change in inventory for the fiscal year that ended in Sep. 2023 was $2.8 Mil. It means Topps Tiles's inventory declined by $2.8 Mil from Sep. 2022 to Sep. 2023 .

Topps Tiles's Total Inventories for the quarter that ended in Sep. 2023 was $45.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Topps Tiles's Days Inventory for the quarter that ended in Sep. 2023 was 109.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Topps Tiles's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.66.

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. Topps Tiles's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.28.

Topps Tiles Change In Inventory Historical Data

The historical data trend for Topps Tiles'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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Topps Tiles Change In Inventory Chart

Topps Tiles Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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-0.84

2.06

-4.70

-4.94

2.79

Topps Tiles Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-1.09	-3.68	-1.78	-1.03	3.84

Topps Tiles 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.8 Mil.

Topps Tiles (OTCPK:TPTJF) Change In Inventory Explanation

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

Topps Tiles's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	46.0635	/	76.605	*	365 / 2
	=	109.74

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

Topps Tiles's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	76.605	/	46.0635
	=	1.66

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.

Topps Tiles's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	46.0635	/	163.866
	=	0.28

Topps Tiles Change In Inventory Related Terms

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Topps Tiles (Topps Tiles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topps Tiles PLC (OTCPK:TPTJF) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU

Website

https://www.toppstiles.co.uk

Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company generates the majority of its revenues from sales in the UK.

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