New Zealand Rural Land Co (NZSE:NZL) Change In Inventory : NZ$0.00 Mil (TTM As of Dec. 2023)

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What is New Zealand Rural Land Co Change In Inventory?

New Zealand Rural Land Co's change in inventory for the quarter that ended in Dec. 2023 was NZ$0.00 Mil. It means New Zealand Rural Land Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

New Zealand Rural Land Co's change in inventory for the fiscal year that ended in Dec. 2023 was NZ$0.00 Mil. It means New Zealand Rural Land Co's inventory stayed the same from Jun. 2022 to Dec. 2023 .

New Zealand Rural Land Co's Total Inventories for the quarter that ended in Dec. 2023 was NZ$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Zealand Rural Land Co's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. New Zealand Rural Land Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

New Zealand Rural Land Co Change In Inventory Historical Data

The historical data trend for New Zealand Rural Land Co'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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New Zealand Rural Land Co Change In Inventory Chart

New Zealand Rural Land Co Annual Data

Trend

Jun22

Dec23

Change In Inventory

New Zealand Rural Land Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	-	-	-	-	-

New Zealand Rural Land Co 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 NZ$0.00 Mil.

New Zealand Rural Land Co (NZSE:NZL) Change In Inventory Explanation

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

New Zealand Rural Land Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	1.118	*	365 / 2
	=	0.00

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

New Zealand Rural Land Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.118	/	0
	=	N/A

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.

New Zealand Rural Land Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	9.677
	=	0.00

New Zealand Rural Land Co Change In Inventory Related Terms

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New Zealand Rural Land Co (NZSE:NZL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Zealand Rural Land Co Ltd (NZSE:NZL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

8UK:Germany

Address

c/o Duncan Cotterill, Level 2, Chartered Accountants, 50 Customhouse Quay, Wellington, NZL, 6011

Website

https://www.nzrlc.co.nz

New Zealand Rural Land Co Ltd operates as a real estate company that offers investors exposure to rural land as an asset class without direct involvement in agricultural operations. Its principal activity is an investment in New Zealand's rural farmland. The company seeks an opportunity to focus on dairyland, due to a combination of recent legislative and bank lending changes.

New Zealand Rural Land Co (NZSE:NZL) Headlines

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