Mirvac Group (ASX:MGR) Change In Inventory : A$0 Mil (TTM As of Dec. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Mirvac Group Change In Inventory?

Mirvac Group's change in inventory for the quarter that ended in Dec. 2024 was A$0 Mil. It means Mirvac Group's inventory stayed the same from Jun. 2024 to Dec. 2024 .

Mirvac Group's change in inventory for the fiscal year that ended in Jun. 2024 was A$0 Mil. It means Mirvac Group's inventory stayed the same from Jun. 2023 to Jun. 2024 .

Mirvac Group's Total Inventories for the quarter that ended in Dec. 2024 was A$1,152 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mirvac Group's Days Inventory for the quarter that ended in Dec. 2024 was 277.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mirvac Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.66.

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. Mirvac Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.11.

Mirvac Group Change In Inventory Historical Data

The historical data trend for Mirvac 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.

* Premium members only.

Mirvac Group Change In Inventory Chart

Mirvac Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Inventory

Get a 7-Day Free Trial

Mirvac Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Mirvac 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

Mirvac Group (ASX:MGR) Change In Inventory Explanation

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

Mirvac 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
	=	1250.5	/	822	*	365 / 2
	=	277.64

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

Mirvac Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	822	/	1250.5
	=	0.66

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.

Mirvac Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1250.5	/	1131
	=	1.11

Mirvac Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Mirvac Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Mirvac Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mirvac Group (ASX:MGR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MRVGF:USA

Address

200 George Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.mirvac.com

Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two thirds of group earnings. The investment portfolio, by book value, is made up of 60% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer-term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around a third of fiscal 2024 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.