Move Logistics Group (NZSE:MOV) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Move Logistics Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Move Logistics Group's Average Total Inventories for the six months ended in Dec. 2023 was NZ$0.2 Mil. Move Logistics Group's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$0.0 Mil.

The historical rank and industry rank for Move Logistics Group's Days Inventory or its related term are showing as below:

During the past 13 years, Move Logistics Group's highest Days Inventory was 2443.43. The lowest was 182.50. And the median was 999.75.

NZSE:MOV's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.57
* Ranked among companies with meaningful Days Inventory only.

Move Logistics Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Move Logistics Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Move Logistics Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Move Logistics Group Days Inventory Historical Data

The historical data trend for Move Logistics Group's Days 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.

Move Logistics Group Days Inventory Chart

Move Logistics Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

Move Logistics Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Move Logistics Group's Days Inventory

For the Integrated Freight & Logistics subindustry, Move Logistics Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Move Logistics Group's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Move Logistics Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Move Logistics Group's Days Inventory falls into.

Move Logistics Group Days Inventory Calculation

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

Move Logistics Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0.219)	/	1 )	/	0	*	365
=	0.219					/	0	*	365
=	N/A

Move Logistics Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.219	+	0.126)	/	2 )	/	0	*	365 / 2
=	0.1725					/	0	*	365 / 2
=	N/A

Move Logistics Group (NZSE:MOV) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Move Logistics Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.1725
	=	0.00

2. 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.

Move Logistics Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1725	/	158.25
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Move Logistics Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Move Logistics Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Move Logistics Group (NZSE:MOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Move Logistics Group Ltd (NZSE:MOV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

MOV:Australia

Address

330 Devon Street East, Fitzroy, New Plymouth, TKI, NZL, 4312

Website

https://www.movelogistics.com

Move Logistics Group Ltd offers freight transport and warehousing services throughout New Zealand and coordinates freight movements offshore through international alliances. The company's operating segments include International; Specialist; Freighting; Contract Logistics and Corporate. It generates maximum revenue from the Freighting segment.