Steppe Cement (LSE:STCM) Change In Inventory : £-9.01 Mil (TTM As of Dec. 2023)

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What is Steppe Cement Change In Inventory?

Steppe Cement's change in inventory for the quarter that ended in Dec. 2023 was £-9.28 Mil. It means Steppe Cement's inventory increased by £9.28 Mil from Jun. 2023 to Dec. 2023 .

Steppe Cement's change in inventory for the fiscal year that ended in Dec. 2023 was £-9.01 Mil. It means Steppe Cement's inventory increased by £9.01 Mil from Dec. 2022 to Dec. 2023 .

Steppe Cement's Total Inventories for the quarter that ended in Dec. 2023 was £22.88 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Steppe Cement's Days Inventory for the quarter that ended in Dec. 2023 was 151.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Steppe Cement's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.20.

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. Steppe Cement's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.56.

Steppe Cement Change In Inventory Historical Data

The historical data trend for Steppe Cement'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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Steppe Cement Change In Inventory Chart

Steppe Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.06

-2.84

-4.55

-6.98

-9.01

Steppe Cement 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															-3.34	-2.37	-4.58	0.27	-9.28

Steppe Cement 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 £-9.01 Mil.

Steppe Cement (LSE:STCM) Change In Inventory Explanation

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

Steppe Cement's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	19.829	/	23.826	*	365 / 2
	=	151.88

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.826	/	19.829
	=	1.20

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.829	/	35.456
	=	0.56

Steppe Cement Change In Inventory Related Terms

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Steppe Cement (LSE:STCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Steppe Cement Ltd (LSE:STCM) » Definitions » Change In Inventory

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Traded in Other Exchanges

ST9:Germany

Address

No. 8, Jalan Perak, West Wing, Suite 10.1, 10th Floor, Rohas Perkasa, Kuala Lumpur, MYS, 50450

Website

https://www.steppecement.com

Steppe Cement Ltd is an investment holding company based in Malaysia. Its primary business is the production and sale of cement, which is in the Karaganda region, the Republic of Kazakhstan. It derives revenue from the sale of manufactured goods and the transmission and distribution of electricity.

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