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The a2 Milk Co (The a2 Milk Co) Change In Inventory : $0.0 Mil (TTM As of Jun. 2023)


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What is The a2 Milk Co Change In Inventory?

The a2 Milk Co's change in inventory for the quarter that ended in Jun. 2023 was $0.0 Mil. It means The a2 Milk Co's inventory stayed the same from Dec. 2022 to Jun. 2023 .

The a2 Milk Co's change in inventory for the fiscal year that ended in Jun. 2023 was $0.0 Mil. It means The a2 Milk Co's inventory stayed the same from Jun. 2022 to Jun. 2023 .

The a2 Milk Co's Total Inventories for the quarter that ended in Jun. 2023 was $118.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The a2 Milk Co's Days Inventory for the quarter that ended in Jun. 2023 was 78.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. The a2 Milk Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.31.

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. The a2 Milk Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.24.


The a2 Milk Co Change In Inventory Historical Data

The historical data trend for The a2 Milk Co'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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The a2 Milk Co Change In Inventory Chart

The a2 Milk Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Inventory
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The a2 Milk Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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The a2 Milk Co 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 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.


The a2 Milk Co  (OTCPK:ACOPF) Change In Inventory Explanation

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

The a2 Milk Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=117.1455/271.084*365 / 2
=78.87

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

The a2 Milk Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

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.

The a2 Milk Co's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

* 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.


The a2 Milk Co Change In Inventory Related Terms

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The a2 Milk Co (The a2 Milk Co) Business Description

Address
51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

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