CT Automotive Group (LSE:CTA) Change In Inventory : £0.5 Mil (TTM As of Dec. 2023)

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What is CT Automotive Group Change In Inventory?

CT Automotive Group's change in inventory for the quarter that ended in Dec. 2023 was £-2.0 Mil. It means CT Automotive Group's inventory increased by £2.0 Mil from Jun. 2023 to Dec. 2023 .

CT Automotive Group's change in inventory for the fiscal year that ended in Dec. 2023 was £0.5 Mil. It means CT Automotive Group's inventory declined by £0.5 Mil from Dec. 2022 to Dec. 2023 .

CT Automotive Group's Total Inventories for the quarter that ended in Dec. 2023 was £20.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CT Automotive Group's Days Inventory for the quarter that ended in Dec. 2023 was 75.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. CT Automotive Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.41.

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. CT Automotive Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.

CT Automotive Group Change In Inventory Historical Data

The historical data trend for CT Automotive Group'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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CT Automotive Group Change In Inventory Chart

CT Automotive Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-7.16

-2.85

1.92

0.91

0.51

CT Automotive Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial					6.17	-0.04	0.95	2.54	-2.03

CT Automotive Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.5 Mil.

CT Automotive Group (LSE:CTA) Change In Inventory Explanation

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

CT Automotive Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	20.274	/	48.83	*	365 / 2
	=	75.77

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

CT Automotive Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.83	/	20.274
	=	2.41

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.

CT Automotive Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.274	/	59.109
	=	0.34

CT Automotive Group Change In Inventory Related Terms

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CT Automotive Group (LSE:CTA) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CT Automotive Group PLC (LSE:CTA) » Definitions » Change In Inventory

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X7X:Germany

Address

1000 Lakeside North Harbour, Western Road, Portsmouth, Hampshire, GBR, PO6 3EN

Website

https://www.ct-automotive.net

CT Automotive Group PLC designs develops and supplies interior components for the automotive industry. Customers include a few original equipment manufacturers and Tier One suppliers to OEMs. The group has an international manufacturing footprint with the majority of the production across three sites in China with additional sites in the UK, Czech Republic, and Turkey, as well as an engineering design office in India.