KARO (Karooooo) Change In Inventory : $0.1 Mil (TTM As of Nov. 2024)

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What is Karooooo Change In Inventory?

Karooooo's change in inventory for the quarter that ended in Nov. 2024 was $0.0 Mil. It means Karooooo's inventory stayed the same from Aug. 2024 to Nov. 2024 .

Karooooo's change in inventory for the fiscal year that ended in Feb. 2024 was $3.8 Mil. It means Karooooo's inventory declined by $3.8 Mil from Feb. 2023 to Feb. 2024 .

Karooooo's Total Inventories for the quarter that ended in Nov. 2024 was $0.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Karooooo's Days Inventory for the quarter that ended in Nov. 2024 was 1.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Karooooo's Inventory Turnover for the quarter that ended in Nov. 2024 was 86.48.

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. Karooooo's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.00.

Karooooo Change In Inventory Historical Data

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

Karooooo Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Inventory

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3.69

-1.67

-3.00

3.83

Karooooo Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Change In Inventory	Get a 7-Day Free Trial															-	-	0.09	-	-

Karooooo 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.1 Mil.

Karooooo (NAS:KARO) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2265	/	19.588	*	365 / 4
	=	1.06

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

Karooooo's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.588	/	0.2265
	=	86.48

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2265	/	64.634
	=	0.00

Karooooo Change In Inventory Related Terms

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Karooooo Business Description

Industry

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KRO:South Africa

Address

1 Harbourfront Avenue, Keppel Bay Tower No. 14-07, Singapore, SGP, 098632

Website

https://www.karooooo.com

Karooooo Ltd is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance, and manage risk. The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.