MTQ (SGX:M05) Change In Inventory : S$-0.67 Mil (TTM As of Sep. 2023)

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What is MTQ Change In Inventory?

MTQ's change in inventory for the quarter that ended in Sep. 2023 was S$-1.84 Mil. It means MTQ's inventory increased by S$1.84 Mil from Mar. 2023 to Sep. 2023 .

MTQ's change in inventory for the fiscal year that ended in Mar. 2023 was S$-3.13 Mil. It means MTQ's inventory increased by S$3.13 Mil from Mar. 2022 to Mar. 2023 .

MTQ's Total Inventories for the quarter that ended in Sep. 2023 was S$19.67 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTQ's Days Inventory for the quarter that ended in Sep. 2023 was 128.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTQ's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.41.

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. MTQ's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.49.

MTQ Change In Inventory Historical Data

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

MTQ Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-0.15

-1.75

0.02

-2.19

-3.13

MTQ Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-0.95	-1.24	-4.30	1.17	-1.84

MTQ 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 S$-0.67 Mil.

MTQ (SGX:M05) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	18.5395	/	26.233	*	365 / 2
	=	128.98

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

MTQ's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	26.233	/	18.5395
	=	1.41

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.5395	/	37.667
	=	0.49

MTQ Change In Inventory Related Terms

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MTQ (SGX:M05) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MTQ Corp Ltd (SGX:M05) » Definitions » Change In Inventory

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MTQCF:USA

Address

100 Tuas South Avenue 8, Singapore, SGP, 637424

Website

http://www.mtq.com.sg

MTQ Corp Ltd is a company, that engages in the provision of engineering solutions for oilfield equipment. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers; rents and sells oilfield equipment and spare parts, such as heat exchanger mud coolers, shale shakers, drilling handling tools, bop pressure test units and torque tools. The firm also engages in the business of renting and sale of oilfield equipment and spare parts. It operates through the following business segments: Investment holding and Oilfield engineering segment out of which the Oilfield engineering segment derives the majority of revenue.

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