Smart Metering Systems (LSE:SMS) Change In Inventory : £-13.9 Mil (TTM As of Jun. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Smart Metering Systems Change In Inventory?

Smart Metering Systems's change in inventory for the quarter that ended in Jun. 2023 was £-7.3 Mil. It means Smart Metering Systems's inventory increased by £7.3 Mil from Dec. 2022 to Jun. 2023 .

Smart Metering Systems's change in inventory for the fiscal year that ended in Dec. 2022 was £-12.5 Mil. It means Smart Metering Systems's inventory increased by £12.5 Mil from Dec. 2021 to Dec. 2022 .

Smart Metering Systems's Total Inventories for the quarter that ended in Jun. 2023 was £45.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Metering Systems's Days Inventory for the quarter that ended in Jun. 2023 was 195.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Metering Systems's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.93.

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. Smart Metering Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.52.

Smart Metering Systems Change In Inventory Historical Data

The historical data trend for Smart Metering Systems'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.

Smart Metering Systems Change In Inventory Chart

Smart Metering Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

Get a 7-Day Free Trial

4.43

-10.05

-0.65

3.36

-12.48

Smart Metering Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial															6.37	-3.01	-5.92	-6.56	-7.32

Smart Metering Systems 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-13.9 Mil.

Smart Metering Systems (LSE:SMS) Change In Inventory Explanation

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

Smart Metering Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	41.599	/	38.838	*	365 / 2
	=	195.47

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

Smart Metering Systems's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.838	/	41.599
	=	0.93

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.

Smart Metering Systems's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	41.599	/	79.307
	=	0.52

Smart Metering Systems Change In Inventory Related Terms

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

Smart Metering Systems (LSE:SMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smart Metering Systems PLC (LSE:SMS) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SMS.GB:UK SMC:Germany

Address

48 St. Vincent Street, 2nd Floor, Glasgow, GBR, G2 5TS

Website

https://www.sms-plc.com

Smart Metering Systems PLC is a UK-based company which connects, owns, and maintains metering systems and database of energy companies. Its services include Smart Metering & Data; Smart Energy Services; Smart Utility Services; and ADM, which is an intelligent Automated Meter Reading (AMR) solution. The company operates in three segments: Asset Management, which comprises regulated management of gas meters, electric meters, and ADM units; Asset installation, which comprises installation of domestic and I&C gas meters and electricity meters; and Energy Management, which comprises the provision of energy consultancy services and the management of Distributed Energy Resources (DER) assets.

Smart Metering Systems (LSE:SMS) Headlines

No Headlines