Serco Group (LSE:SRP) Change In Inventory : £-2 Mil (TTM As of Dec. 2023)

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What is Serco Group Change In Inventory?

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

Serco Group's change in inventory for the fiscal year that ended in Dec. 2023 was £-2 Mil. It means Serco Group's inventory increased by £2 Mil from Dec. 2022 to Dec. 2023 .

Serco Group's Total Inventories for the quarter that ended in Dec. 2023 was £24 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Serco Group's Days Inventory for the quarter that ended in Dec. 2023 was 1.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Serco Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 91.86.

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

Serco Group Change In Inventory Historical Data

The historical data trend for Serco 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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Serco Group Change In Inventory Chart

Serco Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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4.40

-2.90

1.70

-1.50

-2.30

Serco Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															1.00	-1.10	-0.40	-1.50	-0.80

Serco 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 £-2 Mil.

Serco Group (LSE:SRP) Change In Inventory Explanation

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

Serco 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
	=	23.6	/	2167.8	*	365 / 2
	=	1.99

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2167.8	/	23.6
	=	91.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23.6	/	2401.7
	=	0.01

Serco Group Change In Inventory Related Terms

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Serco Group (LSE:SRP) Business Description

Industry

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

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Traded in Other Exchanges

SECCF:USA SCGPY:USA SRPl:UK SEO:Germany

Address

16 Bartley Wood Business Park, Serco House, Bartley Way, Hook, Hampshire, GBR, RG27 9UY

Website

https://www.serco.com

Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions. The U.K. & Europe local and regional government division provides hospital management welfare, business support operations, and defense services in the U.K. and Europe. The Americas division provides professional, defense, technology, and management services to U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates most of its revenue from the U.K. & Europe division.

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