MIND Technology's change in inventory for the quarter that ended in Oct. 2023 was $-2.84 Mil. It means MIND Technology's inventory
increased by $2.84 Mil
from Jul. 2023 to Oct. 2023 .
MIND Technology's change in inventory for the fiscal year that ended in Jan. 2023 was $-1.76 Mil. It means MIND Technology's inventory
increased by $1.76 Mil
from Jan. 2022 to Jan. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MIND Technology's Days Inventory for the quarter that ended in Oct. 2023 was 484.82.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MIND Technology's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.19.
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.
MIND Technology's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 2.91.
MIND Technology Change In Inventory Historical Data
The historical data trend for MIND Technology'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.
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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.03 Mil.
* 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.
MIND Technology (NAS:MIND) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MIND Technology's Days Inventory for the quarter that ended in is calculated as:
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.
MIND Technology's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as
* 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.
MIND Technology Change In Inventory Related Terms
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MIND Technology (MIND Technology) Business Description
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The Company operates in segments namely, Seamap Marine Products and Klein Marine Products helps manufacture and sell specialized, high-performance sonar and seismic equipment. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; Europe, Russia & CIS; Middle East & Africa; Asia-Pacific; and Canada & Latin America.
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