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

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What is Veris Change In Inventory?

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

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

Veris's Total Inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil.

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

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

Veris Change In Inventory Historical Data

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

Veris Annual Data

Trend

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Jun23

Change In Inventory

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Veris 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															-	-	-	-	-

Veris 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.

Veris (ASX:VRS) Change In Inventory Explanation

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

Veris'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	/	0	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	48.325
	=	0.00

Veris Change In Inventory Related Terms

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Veris (ASX:VRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Veris Ltd (ASX:VRS) » Definitions » Change In Inventory

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Address

41 Bishop Street, Jolimont, WA, AUS, 6017

Website

https://www.veris.com.au

Veris Ltd provides surveying, professional and advisory, and geospatial services in Australia. It has only one operating segment during the year, being an integrated national professional services business delivering end to end spatial data solutions across Australia. It firm caters to various sectors including infrastructure; land and property; energy; mining and resources; defence; and utilities.