National Tyre Services (XZIM:NTS.ZW) Change In Inventory : ZWL0 Mil (TTM As of Mar. 2024)

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What is National Tyre Services Change In Inventory?

National Tyre Services's change in inventory for the quarter that ended in Mar. 2024 was ZWL0 Mil. It means National Tyre Services's inventory stayed the same from Mar. 2023 to Mar. 2024 .

National Tyre Services's change in inventory for the fiscal year that ended in Mar. 2024 was ZWL0 Mil. It means National Tyre Services's inventory stayed the same from Mar. 2023 to Mar. 2024 .

National Tyre Services's Total Inventories for the quarter that ended in Mar. 2024 was ZWL106,974 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Tyre Services's Days Inventory for the quarter that ended in Mar. 2024 was 63.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Tyre Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.86.

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. National Tyre Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

National Tyre Services Change In Inventory Historical Data

The historical data trend for National Tyre Services'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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National Tyre Services Change In Inventory Chart

National Tyre Services Annual Data

Trend

Mar09

Mar11

Mar12

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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35.35

-80.38

-702.18

189.74

National Tyre Services Semi-Annual Data
	Mar09	Mar11	Mar12	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Change In Inventory	Get a 7-Day Free Trial					35.35	-80.38	-702.18	189.74	-

National Tyre Services Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 was ZWL0 Mil.

National Tyre Services (XZIM:NTS.ZW) Change In Inventory Explanation

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

National Tyre Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	54043.5955	/	154354.911	*	365 / 2
	=	63.90

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

National Tyre Services's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	154354.911	/	54043.5955
	=	2.86

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.

National Tyre Services's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	54043.5955	/	259669.312
	=	0.21

National Tyre Services Change In Inventory Related Terms

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National Tyre Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » National Tyre Services Ltd (XZIM:NTS.ZW) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Corner Cripps and Seke Roads, P.O. Box 3018, Stand No. 4608, Graniteside, Harare, ZWE

Website

https://www.ntsgroup.co.zw

National Tyre Services Ltd is engaged in reprocessing and the retailing of tyres. The company is a retailer of new tyres and tubes. In addition, its other activities include relugging of agriculture and earth moving tyres and the procurement of truck tyres for the Zimbabwe transport industry. The company's product consists of Dunlop, Bridgestone, Firestone, Yokohama, Pirelli, Bandag, Regal, and Comforser which offers passenger, sports utility vehicle, light truck, trucks, and bus, off-the-road, agriculture, application-specific and light truck tyres. The company has over 10 retail outlets situated throughout the country with over three being located in Harare.

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