Marks Electrical Group (LSE:MRK) Change In Inventory : £0.4 Mil (TTM As of Sep. 2023)

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What is Marks Electrical Group Change In Inventory?

Marks Electrical Group's change in inventory for the quarter that ended in Sep. 2023 was £0.2 Mil. It means Marks Electrical Group's inventory declined by £0.2 Mil from Mar. 2023 to Sep. 2023 .

Marks Electrical Group's change in inventory for the fiscal year that ended in Mar. 2023 was £0.2 Mil. It means Marks Electrical Group's inventory declined by £0.2 Mil from Mar. 2022 to Mar. 2023 .

Marks Electrical Group's Total Inventories for the quarter that ended in Sep. 2023 was £14.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marks Electrical Group's Days Inventory for the quarter that ended in Sep. 2023 was 56.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marks Electrical Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.22.

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. Marks Electrical Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.26.

Marks Electrical Group Change In Inventory Historical Data

The historical data trend for Marks Electrical 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.

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Marks Electrical Group Change In Inventory Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-0.38

0.45

-7.11

-2.96

0.19

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial				-0.11	-2.85	0.06	0.13	0.23

Marks Electrical 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.4 Mil.

Marks Electrical Group (LSE:MRK) Change In Inventory Explanation

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

Marks Electrical 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
	=	14.0865	/	45.378	*	365 / 2
	=	56.65

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

Marks Electrical Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45.378	/	14.0865
	=	3.22

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.

Marks Electrical Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.0865	/	53.858
	=	0.26

Marks Electrical Group Change In Inventory Related Terms

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Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.