TasFoods (ASX:TFL) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is TasFoods Change In Inventory?

TasFoods's change in inventory for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means TasFoods's inventory stayed the same from Jun. 2023 to Dec. 2023 .

TasFoods's change in inventory for the fiscal year that ended in Dec. 2023 was A$0.00 Mil. It means TasFoods's inventory stayed the same from Dec. 2022 to Dec. 2023 .

TasFoods's Total Inventories for the quarter that ended in Dec. 2023 was A$5.62 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TasFoods's Days Inventory for the quarter that ended in Dec. 2023 was 227.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. TasFoods's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.80.

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. TasFoods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.54.

TasFoods Change In Inventory Historical Data

The historical data trend for TasFoods'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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TasFoods Change In Inventory Chart

TasFoods Annual Data

Trend

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Dec23

Change In Inventory

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TasFoods 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															-	-	-	-	-

TasFoods 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$0.00 Mil.

TasFoods (ASX:TFL) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.2165	/	4.191	*	365 / 2
	=	227.16

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.191	/	5.2165
	=	0.80

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.2165	/	9.653
	=	0.54

TasFoods Change In Inventory Related Terms

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TasFoods (ASX:TFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TasFoods Ltd (ASX:TFL) » Definitions » Change In Inventory

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Address

52-54 Tamar Street, Launceston, TAS, AUS, 7250

Website

https://www.tasfoods.com.au

TasFoods Ltd is an Australian company that engages in the processing, manufacture, and sale of Tasmanian-made products. It operates through the following segments - The Dairy segment operates the Meander Valley Dairy, Betta milk, and Pyengana Dairy businesses; The Poultry segment focuses on the operations of Nichols Poultry Pty Ltd; The Corporate and Other segment comprises administrative support to the operational production units in the areas of financial management, human resources, sales, marketing, and food safety, and work health and safety. The firm generates maximum revenue from the Poultry segment.

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