Fan Milk (XGHA:FML) Change In Inventory: GHS0.0 Mil (TTM As of Dec. 2022)

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Fan Milk PLC XGHA:FML

13 GF Score

Price GHS13.30

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What is Fan Milk Change In Inventory?

Fan Milk XGHA:FML 13 Change In Inventory is GHS0.0 Mil as of Dec. 2022. GuruFocus rates XGHA:FML with a GF Score™ of 13/100.

Fan Milk's change in inventory for the quarter that ended in Dec. 2022 was GHS0.0 Mil. It means Fan Milk's inventory stayed the same from Sep. 2022 to Dec. 2022 .

Fan Milk's change in inventory for the fiscal year that ended in Dec. 2022 was GHS17.1 Mil. It means Fan Milk's inventory declined by GHS17.1 Mil from Dec. 2021 to Dec. 2022 .

Fan Milk's Total Inventories for the quarter that ended in Dec. 2022 was GHS151.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fan Milk's Days Inventory for the quarter that ended in Dec. 2022 was 106.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fan Milk's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.85.

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. Fan Milk's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 1.07.

Fan Milk (XGHA:FML) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	166.024	/	141.862	*	365 / 4
	=	106.79

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

Fan Milk's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	141.862	/	166.024
	=	0.85

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.

Fan Milk's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	166.024	/	154.757
	=	1.07

* 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.

Fan Milk Change In Inventory Related Terms

Fan Milk Change In Inventory Historical Data

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The historical data trend for Fan Milk's Change In Inventory can be seen below:

Fan Milk Change In Inventory Chart

Fan Milk Annual Data

Trend

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Dec22

Change In Inventory

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0.00

15.95

-46.21

-73.71

17.11

Fan Milk Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Dec16	Mar17	Dec17	Dec18	Sep19	Dec19	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Change In Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

13GF Score

Fan Milk PLC XGHA:FML

Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.

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Fan Milk 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS0.0 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of GHS0.0 Mil mean?

Fan Milk (XGHA:FML) has a Change In Inventory of GHS0.0 Mil as of Dec. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Fan Milk and its competitors.

Is Fan Milk's Change In Inventory too high?

Fan Milk's current Change In Inventory is GHS0.0 Mil. Overall, Fan Milk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.

How does Fan Milk's Change In Inventory compare to KHC and GIS?

Fan Milk's Change In Inventory of GHS0.0 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?

A good Change In Inventory depends on the Consumer Packaged Goods 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 Fan Milk and its competitors. Fan Milk's current Change In Inventory is GHS0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fan Milk stock overvalued right now?

Fan Milk (XGHA:FML) has a current Change In Inventory of GHS0.0 Mil. The current Change In Inventory is GHS0.0 Mil. Fan Milk's overall GF Score™ is 13/100. 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 Fan Milk (XGHA:FML), the current Change In Inventory is GHS0.0 Mil as of Dec. 2022. 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.

Fan Milk Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies IST:BRLSM IST:RALYH IST:NIBAS IST:ORGE IST:YAYLA IST:YYAPI XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF MEX:BIMBOA HRL K MKC

Address Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA

Website https://www.fanmilk.com

Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.

13GF Score

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