Midway (FRA:MI6) Change In Inventory : €0.0 Mil (TTM As of Jun. 2024)

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What is Midway Change In Inventory?

Midway's change in inventory for the quarter that ended in Jun. 2024 was €0.0 Mil. It means Midway's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Midway's change in inventory for the fiscal year that ended in Jun. 2024 was €0.0 Mil. It means Midway's inventory stayed the same from Jun. 2023 to Jun. 2024 .

Midway's Total Inventories for the quarter that ended in Jun. 2024 was €18.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Midway's Days Inventory for the quarter that ended in Jun. 2024 was 56.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Midway's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.22.

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. Midway's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.22.

Midway Change In Inventory Historical Data

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

Midway Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Inventory

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

Midway 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Midway (FRA:MI6) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	21.439	/	69.004	*	365 / 2
	=	56.70

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

Midway's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	69.004	/	21.439
	=	3.22

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.

Midway's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.439	/	97.332
	=	0.22

Midway Change In Inventory Related Terms

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Midway Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Midway Ltd (FRA:MI6) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

10 The Esplanade, North Shore, VIC, AUS, 3214

Website

https://www.midwaylimited.com.au

Midway Ltd is engaged in the production and export of wood fiber to producers of pulp, paper, and associated products. The company derives income from producing hardwood and softwood woodchips. Its segments include Woodfibre; Plantation and Carbon Management; and Ancillary. It generates the majority of revenue from Woodfibre Processing.

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