BMIT Technologies (MAL:BMIT) Change In Inventory : €0.00 Mil (TTM As of Dec. 2023)

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What is BMIT Technologies Change In Inventory?

BMIT Technologies's change in inventory for the quarter that ended in Dec. 2023 was €0.00 Mil. It means BMIT Technologies's inventory stayed the same from Jun. 2023 to Dec. 2023 .

BMIT Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.02 Mil. It means BMIT Technologies's inventory increased by €0.02 Mil from Dec. 2022 to Dec. 2023 .

BMIT Technologies's Total Inventories for the quarter that ended in Dec. 2023 was €0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BMIT Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 3.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. BMIT Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 52.69.

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. BMIT Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

BMIT Technologies Change In Inventory Historical Data

The historical data trend for BMIT Technologies'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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BMIT Technologies Change In Inventory Chart

BMIT Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.01

-0.01

-0.02

BMIT Technologies Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial							-	-	-	-	-

BMIT Technologies 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 €0.00 Mil.

BMIT Technologies (MAL:BMIT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.1445	/	7.614	*	365 / 2
	=	3.46

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.614	/	0.1445
	=	52.69

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1445	/	13.829
	=	0.01

BMIT Technologies Change In Inventory Related Terms

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BMIT Technologies (MAL:BMIT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » BMIT Technologies PLC (MAL:BMIT) » Definitions » Change In Inventory

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Address

Building SCM 02, Level 2, SmartCity Ricasoli, SCM, Kalkara, MLT, 1001

Website

https://www.bmit.com.mt

BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and Infrastructure and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The Group's revenues are derived predominantly from operations carried out in Malta. However, it also derives revenue from companies operating out of Malta.

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