Zigup (LSE:ZIG) Change In Inventory : £0 Mil (TTM As of Oct. 2023)

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What is Zigup Change In Inventory?

Zigup's change in inventory for the quarter that ended in Oct. 2023 was £-1 Mil. It means Zigup's inventory increased by £1 Mil from Apr. 2023 to Oct. 2023 .

Zigup's change in inventory for the fiscal year that ended in Apr. 2023 was £0 Mil. It means Zigup's inventory declined by £0 Mil from Apr. 2022 to Apr. 2023 .

Zigup's Total Inventories for the quarter that ended in Oct. 2023 was £44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zigup's Days Inventory for the quarter that ended in Oct. 2023 was 13.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zigup's Inventory Turnover for the quarter that ended in Oct. 2023 was 13.90.

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. Zigup's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.05.

Zigup Change In Inventory Historical Data

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

Zigup Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

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0.84

-0.04

-1.41

-1.17

0.27

Zigup Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Inventory	Get a 7-Day Free Trial															-0.46	-0.71	-1.19	1.47	-1.38

Zigup 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0 Mil.

Zigup (LSE:ZIG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	49.3125	/	685.307	*	365 / 2
	=	13.13

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

Zigup's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	685.307	/	49.3125
	=	13.90

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	49.3125	/	911.296
	=	0.05

Zigup Change In Inventory Related Terms

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Zigup (LSE:ZIG) Business Description

Industry

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ZIGl:UK 21W:Germany

Address

Lingfield Way, Northgate Centre, Darlington, GBR, DL1 4PZ

Website

https://www.reddenorthgate.com

Redde Northgate PLC provides integrated mobility solutions to businesses and personal customers. These solutions comprise vehicle rental services, accident and incident management services, repair & maintenance services, vehicle disposal and other ancillary services to keep customers mobile. It is engaged in the group functions through the following segments: the Northgate UK&I, Northgate Spain, and Redde. The company generates maximum revenue from the Northgate UK&I segment. Geographically, the business presence of the firm is seen across the region of the UK, Spain, and the Republic of Ireland.