Ventia Services Group (ASX:VNT) Change In Inventory : A$0 Mil (TTM As of Jun. 2024)

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What is Ventia Services Group Change In Inventory?

Ventia Services Group's change in inventory for the quarter that ended in Jun. 2024 was A$0 Mil. It means Ventia Services Group's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Ventia Services Group's change in inventory for the fiscal year that ended in Dec. 2023 was A$0 Mil. It means Ventia Services Group's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Ventia Services Group's Total Inventories for the quarter that ended in Jun. 2024 was A$50 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ventia Services Group's Days Inventory for the quarter that ended in Jun. 2024 was 39.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ventia Services Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.56.

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. Ventia Services Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.02.

Ventia Services Group Change In Inventory Historical Data

The historical data trend for Ventia Services 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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Ventia Services Group Change In Inventory Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Ventia Services 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

Ventia Services Group (ASX:VNT) Change In Inventory Explanation

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

Ventia Services 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
	=	48.3	/	220.4	*	365 / 2
	=	39.99

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

Ventia Services Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	220.4	/	48.3
	=	4.56

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.

Ventia Services Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48.3	/	3082.5
	=	0.02

Ventia Services Group Change In Inventory Related Terms

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Ventia Services Group Business Description

Industry

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Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.