Kitwave Group (LSE:KITW) Change In Inventory : £-2.6 Mil (TTM As of Oct. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Kitwave Group Change In Inventory?

Kitwave Group's change in inventory for the quarter that ended in Oct. 2023 was £10.4 Mil. It means Kitwave Group's inventory declined by £10.4 Mil from Apr. 2023 to Oct. 2023 .

Kitwave Group's change in inventory for the fiscal year that ended in Oct. 2023 was £-2.6 Mil. It means Kitwave Group's inventory increased by £2.6 Mil from Oct. 2022 to Oct. 2023 .

Kitwave Group's Total Inventories for the quarter that ended in Oct. 2023 was £35.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kitwave Group's Days Inventory for the quarter that ended in Oct. 2023 was 29.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kitwave Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 6.27.

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. Kitwave Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.12.

Kitwave Group Change In Inventory Historical Data

The historical data trend for Kitwave 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.

* Premium members only.

Kitwave Group Change In Inventory Chart

Kitwave Group Annual Data

Trend

Apr18

Apr19

Oct21

Oct22

Oct23

Change In Inventory

-1.95

-1.25

-2.85

-4.17

-2.55

Kitwave Group Semi-Annual Data
	Apr18	Apr19	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Inventory	Get a 7-Day Free Trial			6.92	-12.04	7.87	-12.91	10.36

Kitwave 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.6 Mil.

Kitwave Group (LSE:KITW) Change In Inventory Explanation

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

Kitwave 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
	=	40.5895	/	254.474	*	365 / 2
	=	29.11

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

Kitwave Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	254.474	/	40.5895
	=	6.27

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.

Kitwave Group's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	40.5895	/	327.27
	=	0.12

Kitwave Group Change In Inventory Related Terms

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

Kitwave Group (LSE:KITW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kitwave Group PLC (LSE:KITW) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

8R9:Germany

Address

Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ

Website

https://www.kitwave.co.uk

Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

Kitwave Group (LSE:KITW) Headlines

No Headlines