MiniLuxe Holding (TSXV:MNLX) Change In Inventory : C$0.43 Mil (TTM As of Mar. 2024)

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What is MiniLuxe Holding Change In Inventory?

MiniLuxe Holding's change in inventory for the quarter that ended in Mar. 2024 was C$0.05 Mil. It means MiniLuxe Holding's inventory declined by C$0.05 Mil from Dec. 2023 to Mar. 2024 .

MiniLuxe Holding's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.31 Mil. It means MiniLuxe Holding's inventory declined by C$0.31 Mil from Dec. 2022 to Dec. 2023 .

MiniLuxe Holding's Total Inventories for the quarter that ended in Mar. 2024 was C$1.80 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MiniLuxe Holding's Days Inventory for the quarter that ended in Mar. 2024 was 36.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. MiniLuxe Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.51.

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. MiniLuxe Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.24.

MiniLuxe Holding Change In Inventory Historical Data

The historical data trend for MiniLuxe Holding'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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MiniLuxe Holding Change In Inventory Chart

MiniLuxe Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.39

-1.00

-0.24

0.31

MiniLuxe Holding Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial													-0.07	0.15	0.06	0.17	0.05

MiniLuxe Holding 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$0.43 Mil.

MiniLuxe Holding (TSXV:MNLX) Change In Inventory Explanation

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

MiniLuxe Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.82	/	4.577	*	365 / 4
	=	36.28

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.577	/	1.82
	=	2.51

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.82	/	7.632
	=	0.24

MiniLuxe Holding Change In Inventory Related Terms

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MiniLuxe Holding (TSXV:MNLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » MiniLuxe Holding Corp (TSXV:MNLX) » Definitions » Change In Inventory

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MNLXF:USA

Address

20 Holly Street, Suite 300, Toronto, ON, CAN

Website

MiniLuxe Holding Corp owns and operates nail and beauty salons and provides consumers with nail, hand, foot care, and waxing services, and sells personal beauty products. The Company operates in only one geographical region which is the United States of America.

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