CVS Group (LSE:CVSG) Change In Inventory : £0.9 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is CVS Group Change In Inventory?

CVS Group's change in inventory for the quarter that ended in Dec. 2023 was £0.4 Mil. It means CVS Group's inventory declined by £0.4 Mil from Jun. 2023 to Dec. 2023 .

CVS Group's change in inventory for the fiscal year that ended in Jun. 2023 was £-1.8 Mil. It means CVS Group's inventory increased by £1.8 Mil from Jun. 2022 to Jun. 2023 .

CVS Group's Total Inventories for the quarter that ended in Dec. 2023 was £28.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CVS Group's Days Inventory for the quarter that ended in Dec. 2023 was 27.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. CVS Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.64.

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. CVS Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

CVS Group Change In Inventory Historical Data

The historical data trend for CVS 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.

* Premium members only.

CVS Group Change In Inventory Chart

CVS Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Get a 7-Day Free Trial

-1.00

-1.40

-0.40

-6.60

-1.80

CVS 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															-3.10	-3.50	-2.30	0.50	0.40

CVS 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 £0.9 Mil.

CVS Group (LSE:CVSG) Change In Inventory Explanation

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

CVS 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
	=	28.45	/	188.8	*	365 / 2
	=	27.50

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	188.8	/	28.45
	=	6.64

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	28.45	/	329.9
	=	0.09

CVS Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of CVS Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

CVS Group (LSE:CVSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » CVS Group PLC (LSE:CVSG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CVSG.GB:UK 4C9:Germany

Address

Owen Road, CVS House, Diss, Norfolk, GBR, IP22 4ER

Website

https://www.cvsukltd.co.uk

CVS Group PLC is a veterinary service provider in the United Kingdom. The group operates through four business divisions; Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. The veterinary practice segment generates majority of the revenues. The company facilitates its veterinary services through its diagnostics, laboratory reports, along pet cremation services. It also offers retail pharmacy through Animed Direct. Geographically, it generates the majority of the revenue from the United Kingdom and also operates in the Netherlands and Ireland.

CVS Group (LSE:CVSG) Headlines

No Headlines