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Unifreight Africa (XZIM:UNIF.ZW) Change In Inventory : ZWG-1,469 Mil (TTM As of Dec. 2023)


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What is Unifreight Africa Change In Inventory?

Unifreight Africa's change in inventory for the quarter that ended in Dec. 2023 was ZWG-1,469 Mil. It means Unifreight Africa's inventory increased by ZWG1,469 Mil from Dec. 2022 to Dec. 2023 .

Unifreight Africa's change in inventory for the fiscal year that ended in Dec. 2023 was ZWG-1,469 Mil. It means Unifreight Africa's inventory increased by ZWG1,469 Mil from Dec. 2022 to Dec. 2023 .

Unifreight Africa's Total Inventories for the quarter that ended in Dec. 2023 was ZWG1,749 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Unifreight Africa's Days Inventory for the quarter that ended in Dec. 2023 was 16.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Unifreight Africa's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.25.

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. Unifreight Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.


Unifreight Africa Change In Inventory Historical Data

The historical data trend for Unifreight Africa'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.

Unifreight Africa Change In Inventory Chart

Unifreight Africa Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only -13.24 10.36 - -12.58 -1,469.38

Unifreight Africa Semi-Annual Data
Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only -13.24 10.36 - -12.58 -1,469.38

Unifreight Africa 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 Dec. 2023 was ZWG-1,469 Mil.

* 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.


Unifreight Africa  (XZIM:UNIF.ZW) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1014.451/11416.078*365 / 2
=16.22

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

Unifreight Africa's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Unifreight Africa's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


Unifreight Africa Change In Inventory Related Terms

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Unifreight Africa Business Description

Traded in Other Exchanges
N/A
Address
Corner Orme/Willow Roads, Southerton, Harare, ZWE
Unifreight Africa Ltd is a Zimbabwe-based transport company. It is involved in the road transport industry whose main activities include inter-city freight consolidations, the distribution of general goods, and a courier service. The company's brands include Swift Transport, Bulwark Transport, and SkyNet Worldwide Express. Its operating divisions include Transport and Courier; Dedicated and Specialised and International distribution logistics. It operates in two segments namely Transport and Logistics solution and Investment property. The company generates maximum revenue from Transport and Logistics segment. Geographically, it derives revenue from Zimbabwe.

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