Versarien (LSE:VRS) Change In Inventory : £0.60 Mil (TTM As of Sep. 2023)

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What is Versarien Change In Inventory?

Versarien's change in inventory for the quarter that ended in Sep. 2023 was £0.45 Mil. It means Versarien's inventory declined by £0.45 Mil from Mar. 2023 to Sep. 2023 .

Versarien's change in inventory for the fiscal year that ended in Sep. 2023 was £0.60 Mil. It means Versarien's inventory declined by £0.60 Mil from Mar. 2022 to Sep. 2023 .

Versarien's Total Inventories for the quarter that ended in Sep. 2023 was £1.53 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Versarien's Days Inventory for the quarter that ended in Sep. 2023 was 148.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Versarien's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.23.

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. Versarien's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.62.

Versarien Change In Inventory Historical Data

The historical data trend for Versarien'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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Versarien Change In Inventory Chart

Versarien Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Sep23

Change In Inventory

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-0.29

0.44

-0.09

0.60

Versarien Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															0.20	0.15	-0.24	0.16	0.45

Versarien 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 £0.60 Mil.

Versarien (LSE:VRS) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.7515	/	2.148	*	365 / 2
	=	148.81

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.148	/	1.7515
	=	1.23

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.7515	/	2.827
	=	0.62

Versarien Change In Inventory Related Terms

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Versarien (LSE:VRS) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versarien PLC (LSE:VRS) » Definitions » Change In Inventory

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VRSRF:USA VRS.GB:UK 9RV:Germany

Address

Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ

Website

https://www.versarien.com

Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.