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Venture Life Group (LSE:VLG) Change In Inventory : £1.48 Mil (TTM As of Dec. 2023)


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What is Venture Life Group Change In Inventory?

Venture Life Group's change in inventory for the quarter that ended in Dec. 2023 was £2.43 Mil. It means Venture Life Group's inventory declined by £2.43 Mil from Jun. 2023 to Dec. 2023 .

Venture Life Group's change in inventory for the fiscal year that ended in Dec. 2023 was £1.48 Mil. It means Venture Life Group's inventory declined by £1.48 Mil from Dec. 2022 to Dec. 2023 .

Venture Life Group's Total Inventories for the quarter that ended in Dec. 2023 was £10.33 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Venture Life Group's Days Inventory for the quarter that ended in Dec. 2023 was 126.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Venture Life Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.44.

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. Venture Life Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.


Venture Life Group Change In Inventory Historical Data

The historical data trend for Venture Life 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.

Venture Life Group Change In Inventory Chart

Venture Life 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 -1.37 -3.29 0.72 -2.33 1.48

Venture Life 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 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 0.61 -2.28 -0.05 -0.95 2.43

Venture Life 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 £1.48 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.


Venture Life Group  (LSE:VLG) Change In Inventory Explanation

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

Venture Life 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
=11.499/16.527*365 / 2
=126.98

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

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

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.

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

* 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.


Venture Life Group Change In Inventory Related Terms

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Venture Life Group (LSE:VLG) Business Description

Traded in Other Exchanges
N/A
Address
Eastern Road, 12 The Courtyard, Bracknell, Berkshire, GBR, RG12 2XB
Venture Life Group PLC is an international consumer self-care company. The company focuses on the development and commercialization of healthcare products, including oral care products, food supplements, medical devices, and dermo-cosmetics for the aging population. The company operates in two segments: Venture Life Brands, which includes sales of branded healthcare and cosmetics products, and Customer Brands, which includes sales of products and services under contract development and manufacturing agreements. Its geographical segments include the United Kingdom, Italy, Switzerland, Germany, Netherlands, the Rest of Europe, China, and the Rest of the World.

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