AVADA Group (ASX:AVD) Change In Inventory : A$0.0 Mil (TTM As of Dec. 2023)

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What is AVADA Group Change In Inventory?

AVADA Group's change in inventory for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means AVADA Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

AVADA Group's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means AVADA Group's inventory stayed the same from Jun. 2022 to Jun. 2023 .

AVADA Group's Total Inventories for the quarter that ended in Dec. 2023 was A$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AVADA Group's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. AVADA Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

AVADA Group Change In Inventory Historical Data

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

AVADA Group Annual Data

Trend

Jun21

Jun22

Jun23

Change In Inventory

AVADA Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	-	-	-	-	-

AVADA 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 A$0.0 Mil.

AVADA Group (ASX:AVD) Change In Inventory Explanation

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

AVADA 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
	=	0	/	10.878	*	365 / 2
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.878	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	101.633
	=	0.00

AVADA Group Change In Inventory Related Terms

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AVADA Group (ASX:AVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AVADA Group Ltd (ASX:AVD) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

116 Ipswich Road, Suite 1, Level 2, Woolloongabba, QLD, AUS, 4102

Website

https://www.avadagroup.com.au

AVADA Group Ltd is an Australian traffic management operator and ancillary service provider with an established network throughout Queensland and New South Wales. The group has two reportable segments: Queensland Traffic Management and New South Wales Traffic Management. Queensland Traffic Management is the key revenue generator for the group. It provides services to government clients and major contractors in the civil infrastructure and maintenance sector.