Avanta Serviced Office Group (LSE:ASOA) Change In Inventory: £0.03 Mil (TTM As of Jun. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Avanta Serviced Office Group Change In Inventory?

Avanta Serviced Office Group LSE:ASOA Change In Inventory is £0.03 Mil as of Jun. 2014. The stock has 3 warning signs investors should review.

Avanta Serviced Office Group's change in inventory for the quarter that ended in Jun. 2014 was £0.00 Mil. It means Avanta Serviced Office Group's inventory stayed the same from Dec. 2013 to Jun. 2014 .

Avanta Serviced Office Group's change in inventory for the fiscal year that ended in Dec. 2013 was £0.06 Mil. It means Avanta Serviced Office Group's inventory declined by £0.06 Mil from Dec. 2012 to Dec. 2013 .

Avanta Serviced Office Group's Total Inventories for the quarter that ended in Jun. 2014 was £0.07 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avanta Serviced Office Group's Days Inventory for the quarter that ended in Jun. 2014 was 0.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avanta Serviced Office Group's Inventory Turnover for the quarter that ended in Jun. 2014 was 337.55.

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. Avanta Serviced Office Group's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.00.

Avanta Serviced Office Group  (LSE:ASOA) Change In Inventory Explanation

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

Avanta Serviced Office 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
=0.074/24.979*365 / 2
=0.54

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

Avanta Serviced Office Group's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=24.979 / 0.074
=337.55

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.

Avanta Serviced Office Group's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.074 / 29.662
=0.00

* 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.

Avanta Serviced Office Group Change In Inventory Related Terms

Avanta Serviced Office Group Change In Inventory Historical Data

* Premium members only.

The historical data trend for Avanta Serviced Office 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.

Avanta Serviced Office Group Change In Inventory Chart

Avanta Serviced Office Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.10 0.03 0.06

Avanta Serviced Office Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 0.01 0.02 0.03 0.03 0.00

Avanta Serviced Office 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 Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.03 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of £0.03 Mil mean?
Avanta Serviced Office Group (LSE:ASOA) has a Change In Inventory of £0.03 Mil as of Jun. 2014. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Avanta Serviced Office Group and its competitors.
Is Avanta Serviced Office Group's Change In Inventory too high?
Avanta Serviced Office Group's current Change In Inventory is £0.03 Mil.
How does Avanta Serviced Office Group's Change In Inventory compare to AINC and HCAP?
Avanta Serviced Office Group's Change In Inventory of £0.03 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Asset Management company?
A good Change In Inventory depends on the Asset Management industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Avanta Serviced Office Group and its competitors. Avanta Serviced Office Group's current Change In Inventory is £0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanta Serviced Office Group stock overvalued right now?
Avanta Serviced Office Group (LSE:ASOA) has a current Change In Inventory of £0.03 Mil. The current Change In Inventory is £0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Avanta Serviced Office Group (LSE:ASOA), the current Change In Inventory is £0.03 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avanta Serviced Office Group Business Description

Serviced Office Group PLC is engaged in the ownership and operation of serviced office accommodation. Its reportable segments are Serviced office business and Managed serviced offices. Serviced office business undertaken in the group's freehold and leasehold properties; and Managed serviced office business undertaken under management contracts on behalf of third parties. The Group operates solely from the UK.