Tandem Group (LSE:TND) Change In Inventory : £-0.40 Mil (TTM As of Dec. 2023)

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What is Tandem Group Change In Inventory?

Tandem Group's change in inventory for the quarter that ended in Dec. 2023 was £0.72 Mil. It means Tandem Group's inventory declined by £0.72 Mil from Jun. 2023 to Dec. 2023 .

Tandem Group's change in inventory for the fiscal year that ended in Dec. 2023 was £-0.40 Mil. It means Tandem Group's inventory increased by £0.40 Mil from Dec. 2022 to Dec. 2023 .

Tandem Group's Total Inventories for the quarter that ended in Dec. 2023 was £5.16 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tandem Group's Days Inventory for the quarter that ended in Dec. 2023 was 111.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tandem Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.63.

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. Tandem Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.

Tandem Group Change In Inventory Historical Data

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

Tandem Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.46

0.20

-3.55

3.31

-0.40

Tandem 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															-2.82	-0.51	3.82	-1.12	0.72

Tandem 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 £-0.40 Mil.

Tandem Group (LSE:TND) Change In Inventory Explanation

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

Tandem 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
	=	5.521	/	9.014	*	365 / 2
	=	111.78

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.014	/	5.521
	=	1.63

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.521	/	12.49
	=	0.44

Tandem Group Change In Inventory Related Terms

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Tandem Group (LSE:TND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tandem Group PLC (LSE:TND) » Definitions » Change In Inventory

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Address

35 Tameside Drive, Castle Bromwich, Birmingham, GBR, B35 7AG

Website

https://www.tandemgroupplc.co.uk

Tandem Group PLC is a designer, developer, distributor, and retailer of sports, leisure, and mobility products. Its Products include bicycles and accessories, football training equipment, garden and camping, homewares and household appliances, mobility, outdoor play, snooker, pool and table sports, wheeled toys, and golf equipment which are sold under various brands including Boss, Exile, Scorpion, Carpzone, Kickmaster, Windbar, Airwave, Disney, Shopkins, and Trolls. It has four segments Toys, Sports & Leisure, eMobility, Bicycles, Home & Garden, and the majority of the revenue comes from Toys, Sports & Leisure.

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