MULG (Muliang Viagoo Technology) Change In Inventory: $0.12 Mil (TTM As of Dec. 2023)

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MULG Muliang Viagoo Technology Inc MULG
12 GF Score
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What is Muliang Viagoo Technology Change In Inventory?

Muliang Viagoo Technology MULG 12 Change In Inventory is $0.12 Mil as of Dec. 2023. GuruFocus rates MULG with a GF Score™ of 12/100.

Muliang Viagoo Technology's change in inventory for the quarter that ended in Dec. 2023 was $0.28 Mil. It means Muliang Viagoo Technology's inventory declined by $0.28 Mil from Sep. 2023 to Dec. 2023 .

Muliang Viagoo Technology's change in inventory for the fiscal year that ended in Dec. 2023 was $0.11 Mil. It means Muliang Viagoo Technology's inventory declined by $0.11 Mil from Dec. 2022 to Dec. 2023 .

Muliang Viagoo Technology's Total Inventories for the quarter that ended in Dec. 2023 was $0.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Muliang Viagoo Technology's Days Inventory for the quarter that ended in Dec. 2023 was 12.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Muliang Viagoo Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.51.

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. Muliang Viagoo Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Muliang Viagoo Technology  (OTCPK:MULG) Change In Inventory Explanation

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

Muliang Viagoo Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.2085/1.565*365 / 4
=12.16

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

Muliang Viagoo Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.565 / 0.2085
=7.51

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.

Muliang Viagoo Technology's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2085 / 1.953
=0.11

* 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.

Muliang Viagoo Technology Change In Inventory Related Terms

Muliang Viagoo Technology Change In Inventory Historical Data

* Premium members only.

The historical data trend for Muliang Viagoo Technology'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.

Muliang Viagoo Technology Change In Inventory Chart

Muliang Viagoo Technology 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 0.18 0.13 0.02 -0.07 0.11

Muliang Viagoo Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.37 -0.10 -0.01 -0.05 0.28
MULG
12GF Score
Muliang Viagoo Technology Inc MULG
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Muliang Viagoo Technology 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 quarterly data reported by the company within the most recent 12 months, which was $0.12 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.12 Mil mean?
Muliang Viagoo Technology (MULG) has a Change In Inventory of $0.12 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Muliang Viagoo Technology and its competitors.
Is Muliang Viagoo Technology's Change In Inventory too high?
Muliang Viagoo Technology's current Change In Inventory is $0.12 Mil. Overall, Muliang Viagoo Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Muliang Viagoo Technology's Change In Inventory compare to BHIL and CGA?
Muliang Viagoo Technology's Change In Inventory of $0.12 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Agriculture company?
A good Change In Inventory depends on the Agriculture industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Muliang Viagoo Technology and its competitors. Muliang Viagoo Technology's current Change In Inventory is $0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muliang Viagoo Technology stock overvalued right now?
Muliang Viagoo Technology (MULG) has a current Change In Inventory of $0.12 Mil. The current Change In Inventory is $0.12 Mil. Muliang Viagoo Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Muliang Viagoo Technology (MULG), the current Change In Inventory is $0.12 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Muliang Viagoo Technology Business Description

Address 2498 Wanfeng Highway, Lane 181, Fengjing Town, Jinshan District, Shanghai, CHN, 201501
Muliang Viagoo Technology Inc is in the business of developing, manufacturing, and selling organic fertilizers and bio-organic fertilizers for use in the agricultural industry in the Peoples Republic of China. Organic fertilizer products are sold under the VIE and its subsidiaries' brand names Zongbao, Fukang, and Muliang. The company has a fertilizer plant in Weiha City. It is also engaged in the sales of agricultural products in the Peoples' Republic of China. The company gains maximum of its revenue from China.
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