MITIE Group (LSE:MTO) Change In Inventory : £-1 Mil (TTM As of Sep. 2023)

View and export this data going back to 1988. Start your Free Trial

What is MITIE Group Change In Inventory?

MITIE Group's change in inventory for the quarter that ended in Sep. 2023 was £-1 Mil. It means MITIE Group's inventory increased by £1 Mil from Mar. 2023 to Sep. 2023 .

MITIE Group's change in inventory for the fiscal year that ended in Mar. 2023 was £-1 Mil. It means MITIE Group's inventory increased by £1 Mil from Mar. 2022 to Mar. 2023 .

MITIE Group's Total Inventories for the quarter that ended in Sep. 2023 was £14 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MITIE Group's Days Inventory for the quarter that ended in Sep. 2023 was 1.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. MITIE Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 133.43.

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. MITIE Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

MITIE Group Change In Inventory Historical Data

The historical data trend for MITIE 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.

MITIE Group Change In Inventory Chart

MITIE Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

Get a 7-Day Free Trial

0.40

-1.20

-1.70

0.90

-0.90

MITIE Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															1.60	-0.70	-	-	-0.80

MITIE 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1 Mil.

MITIE Group (LSE:MTO) Change In Inventory Explanation

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

MITIE 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
	=	13.95	/	1861.4	*	365 / 2
	=	1.37

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1861.4	/	13.95
	=	133.43

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.95	/	2083.3
	=	0.01

MITIE Group Change In Inventory Related Terms

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

MITIE Group (LSE:MTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MITIE Group PLC (LSE:MTO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MITFY:USA MITFF:USA MTOl:UK MZ4:Germany

Address

32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG

Website

https://www.mitie.com

MITIE Group PLC is a U.K.-based company. The company has five reportable segments: Technical services, Business services, care, and custody, Landscapes, Waste, Communities, Specialist Services, and Spain. Through these segments, the company provides facilities management, consultancy, and security services. The company generates the majority of its revenue from the technical services and business services segments. Geographically, the company generates a majority of its revenue from the United Kingdom.

MITIE Group (LSE:MTO) Headlines

No Headlines