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Gemfields Group (LSE:GEM) Change In Inventory : £-6.6 Mil (TTM As of Jun. 2024)


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What is Gemfields Group Change In Inventory?

Gemfields Group's change in inventory for the quarter that ended in Jun. 2024 was £-9.8 Mil. It means Gemfields Group's inventory increased by £9.8 Mil from Dec. 2023 to Jun. 2024 .

Gemfields Group's change in inventory for the fiscal year that ended in Dec. 2023 was £0.7 Mil. It means Gemfields Group's inventory declined by £0.7 Mil from Dec. 2022 to Dec. 2023 .

Gemfields Group's Total Inventories for the quarter that ended in Jun. 2024 was £95.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gemfields Group's Days Inventory for the quarter that ended in Jun. 2024 was 311.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gemfields Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.59.

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. Gemfields Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.91.

Gemfields Group Change In Inventory Historical Data

The historical data trend for Gemfields 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.

Gemfields Group Change In Inventory Chart

Gemfields Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.74 -4.61 2.19 -0.23 0.67

Gemfields Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.25 -4.52 -2.49 3.16 -9.76

Gemfields 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-6.6 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.

Gemfields Group  (LSE:GEM) Change In Inventory Explanation

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

Gemfields 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
=91.136/53.331*365 / 2
=311.87

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

Gemfields Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=53.331 / 91.136
=0.59

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.

Gemfields Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=91.136 / 100.579
=0.91

* 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.

Gemfields Group Change In Inventory Related Terms

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Gemfields Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gemfields Group Ltd (LSE:GEM) » Definitions » Change In Inventory
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Traded in Other Exchanges
GML:South Africa PLLHF:USA
Address
St Julian’s Avenue, Royal Chambers, PO Box 186, St Peter Port, GGY, GY1 4HP
Website
https://www.gemfieldsgroup.com
Gemfields Group Ltd is engaged in the mining and marketing of colored gemstones. It has mining operations in Zambia for emeralds and amethysts, and in Mozambique for ruby and pink sapphire. The company's segments include Kagem Mining Limited, Montepuez Ruby Mining Limitada, Development assets, Faberge, Corporate, and Others.