KGN 1.18% $4.27 kogan.com ltd

Ann: January 2022 Business Update, page-5

  1. 2,860 Posts.
    lightbulb Created with Sketch. 211
    Lol..Inventories down almost $30m...

    with hyperinflation...these inventories will return double profit in the next financial acc

    Inventories reduced from $227.9 million (comprising $191.8 million in
    warehouse, and $36.1 million in transit) as at 30 June 2021 to $196.8 million
    (comprising $158.5 million in warehouse and $38.3 million in transit) as at 31
    December 2021.
 
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