Italtile (JSE:ITE) Change In Inventory : R64 Mil (TTM As of Dec. 2023)

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What is Italtile Change In Inventory?

Italtile's change in inventory for the quarter that ended in Dec. 2023 was R17 Mil. It means Italtile's inventory declined by R17 Mil from Jun. 2023 to Dec. 2023 .

Italtile's change in inventory for the fiscal year that ended in Jun. 2023 was R-29 Mil. It means Italtile's inventory increased by R29 Mil from Jun. 2022 to Jun. 2023 .

Italtile's Total Inventories for the quarter that ended in Dec. 2023 was R1,298 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Italtile's Days Inventory for the quarter that ended in Dec. 2023 was 84.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Italtile's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.16.

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. Italtile's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.27.

Italtile Change In Inventory Historical Data

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

Italtile Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-51.00

-39.00

-268.00

-122.00

-29.00

Italtile 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															79.00	-201.00	-76.00	47.00	17.00

Italtile 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 R64 Mil.

Italtile (JSE:ITE) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1306.5	/	2818	*	365 / 2
	=	84.61

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2818	/	1306.5
	=	2.16

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1306.5	/	4798
	=	0.27

Italtile Change In Inventory Related Terms

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Italtile (JSE:ITE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Italtile Ltd (JSE:ITE) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Corner William Nicol Drive and Peter Place, The Italtile Building, Bryanston, Johannesburg, GT, ZAF, 2021

Website

https://www.italtile.com

Italtile Ltd is a South Africa-based retailer of imported and local ceramic tiles, bathroom accessories, and related products. Its core business segments into five areas: retail, franchising, properties, manufacturing, and supply and support services. The company's four brands - Italtile, CTM, topT, and U-Light -provide tiles, bath fixtures, home finishing products, lighting, and other accessories. Its manufacturing includes the production of tiles, sanitaryware, baths, adhesive and related products. Italtile derives the majority of its pretax profit from South Africa, predominantly from its retail segment and secondarily from its manufacturing operations.

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