Gemfields Group (JSE:GML) Change In Inventory : R16 Mil (TTM As of Dec. 2023)

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What is Gemfields Group Change In Inventory?

Gemfields Group's change in inventory for the quarter that ended in Dec. 2023 was R75 Mil. It means Gemfields Group's inventory declined by R75 Mil from Jun. 2023 to Dec. 2023 .

Gemfields Group's change in inventory for the fiscal year that ended in Dec. 2023 was R16 Mil. It means Gemfields Group's inventory declined by R16 Mil from Dec. 2022 to Dec. 2023 .

Gemfields Group's Total Inventories for the quarter that ended in Dec. 2023 was R2,043 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gemfields Group's Days Inventory for the quarter that ended in Dec. 2023 was 250.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gemfields Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.73.

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. Gemfields Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.03.

Gemfields Group Change In Inventory Historical Data

The historical data trend for Gemfields 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.

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Gemfields Group Change In Inventory Chart

Gemfields Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-165.01

-92.15

46.21

-4.80

15.86

Gemfields Group 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															-52.33	82.73	-95.20	-59.03	74.53

Gemfields 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R16 Mil.

Gemfields Group (JSE:GML) Change In Inventory Explanation

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

Gemfields 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
	=	2081.7955	/	1517.251	*	365 / 2
	=	250.41

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1517.251	/	2081.7955
	=	0.73

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2081.7955	/	2019.796
	=	1.03

Gemfields Group Change In Inventory Related Terms

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Gemfields Group (JSE:GML) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gemfields Group Ltd (JSE:GML) » Definitions » Change In Inventory

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PLLHF:USA GEM:UK 5PH:Germany

Address

St Julian’s Avenue, Royal Chambers, PO Box 186, St Peter Port, GGY, GY1 4HP

Website

https://www.gemfieldsgroup.com

Gemfields Group Ltd is engaged in the mining and marketing of colored gemstones. It has mining operations in Zambia for emeralds and amethysts, and in Mozambique for ruby and pink sapphire. The company's segments include Zambia, Mozambique, PGMs, Steel Making Materials, Corporate, Faberge, and Others.

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