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Remgro (JSE:REM) Change In Inventory : R0 Mil (TTM As of Dec. 2023)


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What is Remgro Change In Inventory?

Remgro's change in inventory for the quarter that ended in Dec. 2023 was R0 Mil. It means Remgro's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Remgro's change in inventory for the fiscal year that ended in Jun. 2023 was R-2,497 Mil. It means Remgro's inventory increased by R2,497 Mil from Jun. 2022 to Jun. 2023 .

Remgro's Total Inventories for the quarter that ended in Dec. 2023 was R10,066 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Remgro's Days Inventory for the quarter that ended in Dec. 2023 was 92.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Remgro's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.98.

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. Remgro's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

Remgro Change In Inventory Historical Data

The historical data trend for Remgro'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.

* Premium members only.

Remgro Change In Inventory Chart

Remgro Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,027.00 183.00 -887.00 -1,229.00 -2,497.00

Remgro 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Remgro 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 R0 Mil.

* 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.

Remgro  (JSE:REM) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9607.5/19059*365 / 2
=92.00

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=19059 / 9607.5
=1.98

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=9607.5 / 26647
=0.36

* 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.

Remgro Change In Inventory Related Terms

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Remgro (JSE:REM) Business Description

Industry
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RMGOF:USA RE7:Germany
Address
16 Stellentia Avenue, Millennia Park, Stellenbosch, ZAF, 7600
Website
https://www.remgro.com
Remgro Ltd is an investment holding company that consists of operating subsidiaries and noncontrolled investments in listed and unlisted companies. The company's investments span a variety of end markets, including food, liquor, home care, banking, healthcare, insurance, industrial, infrastructure, media, and sports industries. Its business model emphasizes decentralization, particularly concerning the management and corporate governance matters of its holdings. Management invests in companies it believes can generate superior levels of free cash flow. Its investment candidates mostly come from South Africa, where the company operates. Management also makes global investments in tandem with experienced partners.