Globe International (ASX:GLB) Change In Inventory : A$0.0 Mil (TTM As of Dec. 2023)

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What is Globe International Change In Inventory?

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

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

Globe International's Total Inventories for the quarter that ended in Dec. 2023 was A$42.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globe International's Days Inventory for the quarter that ended in Dec. 2023 was 147.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Globe International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.24.

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. Globe International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.

Globe International Change In Inventory Historical Data

The historical data trend for Globe International'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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Globe International Change In Inventory Chart

Globe International Annual Data

Trend

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Jun23

Change In Inventory

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Globe International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Globe International 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.

Globe International (ASX:GLB) Change In Inventory Explanation

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

Globe International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	45.0195	/	55.863	*	365 / 2
	=	147.08

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	55.863	/	45.0195
	=	1.24

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45.0195	/	107.96
	=	0.42

Globe International Change In Inventory Related Terms

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Globe International (ASX:GLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Globe International Ltd (ASX:GLB) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

1 Fennell Street, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.globecorporate.com

Globe International Ltd is an Australia-based company that operates in the apparel business. The company is primarily engaged in the production and distribution of purpose-built apparel, footwear, and hard goods for the board sports, street fashion, and workwear markets. Its geographical segments include Australasia, North America, and Europe. The company derives a majority of its revenue from Australasia.

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