My Food Bag Group (NZSE:MFB) Change In Inventory : NZ$0.0 Mil (TTM As of Sep. 2023)

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What is My Food Bag Group Change In Inventory?

My Food Bag Group's change in inventory for the quarter that ended in Sep. 2023 was NZ$0.0 Mil. It means My Food Bag Group's inventory stayed the same from Mar. 2023 to Sep. 2023 .

My Food Bag Group's change in inventory for the fiscal year that ended in Mar. 2023 was NZ$0.0 Mil. It means My Food Bag Group's inventory stayed the same from Mar. 2022 to Mar. 2023 .

My Food Bag Group's Total Inventories for the quarter that ended in Sep. 2023 was NZ$1.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. My Food Bag Group's Days Inventory for the quarter that ended in Sep. 2023 was 5.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. My Food Bag Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 32.00.

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. My Food Bag Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

My Food Bag Group Change In Inventory Historical Data

The historical data trend for My Food Bag 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.

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My Food Bag Group Change In Inventory Chart

My Food Bag Group Annual Data

Trend

Mar21

Mar22

Mar23

Change In Inventory

My Food Bag Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

My Food Bag 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$0.0 Mil.

My Food Bag Group (NZSE:MFB) Change In Inventory Explanation

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

My Food Bag 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
	=	2.043	/	65.375	*	365 / 2
	=	5.70

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

My Food Bag Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	65.375	/	2.043
	=	32.00

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.

My Food Bag Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.043	/	83.835
	=	0.02

My Food Bag Group Change In Inventory Related Terms

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My Food Bag Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » My Food Bag Group Ltd (NZSE:MFB) » Definitions » Change In Inventory

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Address

56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052

Website

https://www.myfoodbag.co.nz

My Food Bag Group Ltd operates in the fast-growing online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue primarily by the volume of bags delivered to customers and the average order value of bags delivered.

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