Abundante (SGX:570) Change In Inventory : S$0.03 Mil (TTM As of Aug. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Abundante Change In Inventory?

Abundante's change in inventory for the quarter that ended in Aug. 2024 was S$0.04 Mil. It means Abundante's inventory declined by S$0.04 Mil from Feb. 2024 to Aug. 2024 .

Abundante's change in inventory for the fiscal year that ended in Feb. 2024 was S$-0.09 Mil. It means Abundante's inventory increased by S$0.09 Mil from Feb. 2023 to Feb. 2024 .

Abundante's Total Inventories for the quarter that ended in Aug. 2024 was S$0.47 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abundante's Days Inventory for the quarter that ended in Aug. 2024 was 29.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abundante's Inventory Turnover for the quarter that ended in Aug. 2024 was 6.24.

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. Abundante's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.14.

Abundante Change In Inventory Historical Data

The historical data trend for Abundante'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.

* Premium members only.

Abundante Change In Inventory Chart

Abundante Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Inventory

Get a 7-Day Free Trial

0.07

0.09

-0.09

Abundante Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Change In Inventory	Get a 7-Day Free Trial															0.03	0.06	-0.08	-0.01	0.04

Abundante 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.03 Mil.

Abundante (SGX:570) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.4905	/	3.063	*	365 / 2
	=	29.23

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

Abundante's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.063	/	0.4905
	=	6.24

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.

Abundante's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4905	/	3.46
	=	0.14

Abundante Change In Inventory Related Terms

Thank you for viewing the detailed overview of Abundante's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Abundante Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Abundante Ltd (SGX:570) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Paya Lebar Road, No. 07-09 Orion, Singapore, SGP, 409022

Website

https://www.tmcltd.com.sg

Abundante Ltd formerly Transit-Mixed Concrete Ltd is an investment holding company supplying ready-mixed concrete and the manufacture and sale of ready-mixed concrete. It operates through two business segments, The Concrete Pumping Services segment is involved in the rental of concrete pumping services, and the Waste Management segment is engaged in the provision of waste management services including sewer pipeline inspection with a video camera. It derives income through its concrete pumping services which account for its revenues through its operations in Singapore.

Abundante Headlines

No Headlines