Lumine Group (TSXV:LMN) Change In Inventory : C$-0.1 Mil (TTM As of Mar. 2024)

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What is Lumine Group Change In Inventory?

Lumine Group's change in inventory for the quarter that ended in Mar. 2024 was C$-0.1 Mil. It means Lumine Group's inventory increased by C$0.1 Mil from Dec. 2023 to Mar. 2024 .

Lumine Group's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.0 Mil. It means Lumine Group's inventory declined by C$0.0 Mil from Dec. 2022 to Dec. 2023 .

Lumine Group's Total Inventories for the quarter that ended in Mar. 2024 was C$0.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lumine Group's Days Inventory for the quarter that ended in Mar. 2024 was 0.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lumine Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 137.01.

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. Lumine Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Lumine Group Change In Inventory Historical Data

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

Lumine Group Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

-0.04

-0.03

0.02

Lumine Group Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial					-	0.04	0.03	-0.06	-0.07

Lumine 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.1 Mil.

Lumine Group (TSXV:LMN) Change In Inventory Explanation

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

Lumine 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
	=	0.7365	/	100.909	*	365 / 4
	=	0.67

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

Lumine Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	100.909	/	0.7365
	=	137.01

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.

Lumine Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.7365	/	190.992
	=	0.00

Lumine Group Change In Inventory Related Terms

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Lumine Group (TSXV:LMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lumine Group Inc (TSXV:LMN) » Definitions » Change In Inventory

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LMGIF:USA

Address

5060 Spectrum Way, Suite 100, Mississauga, ON, CAN, L4W 5N5

Website

https://www.luminegroup.com

Lumine Group Inc acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. The company's software solutions are designed to enable customers to boost productivity and operate more cost effectively, innovate more rapidly to address rapidly changing market needs and opportunities, grow top-line sales, improve customer service, and reduce customer churn.

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