Magontec (ASX:MGL) Inventories, Inventories Adjustments : A$-1.6 Mil (As of Dec. 2023)

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What is Magontec Inventories, Inventories Adjustments?

Magontec's Inventories, Inventories Adjustments for the quarter that ended in Dec. 2023 was A$-1.6 Mil.

Magontec's quarterly Inventories, Inventories Adjustments increased from Dec. 2022 (A$-0.2 Mil) to Jun. 2023 (A$0.0 Mil) but then declined from Jun. 2023 (A$0.0 Mil) to Dec. 2023 (A$-1.6 Mil).

Magontec's annual Inventories, Inventories Adjustments increased from Dec. 2021 (A$-0.5 Mil) to Dec. 2022 (A$-0.2 Mil) but then declined from Dec. 2022 (A$-0.2 Mil) to Dec. 2023 (A$-1.6 Mil).

Magontec Inventories, Inventories Adjustments Historical Data

The historical data trend for Magontec's Inventories, Inventories Adjustments 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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Magontec Inventories, Inventories Adjustments Chart

Magontec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Inventories Adjustments

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-0.37

-0.30

-0.54

-0.18

-1.57

Magontec Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventories, Inventories Adjustments	Get a 7-Day Free Trial															-0.54	-	-0.18	-	-1.57

Magontec Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

Magontec (ASX:MGL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

46A Macleay Street, Suite 1.03, Potts Point, Sydney, NSW, AUS, 2011

Website

http://www.magontec.com

Magontec Ltd is engaged in the manufacturing and sale of generic and specialist magnesium alloys as well as magnesium and titanium cathodic corrosion protection products. It also researches and develops new proprietary magnesium alloys and technologies. The company's products and services are Primary Mg Alloy, Magnesium Alloy Recycling, and Cathodic Corrosion Protection.

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