GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zagg Inc (NAS:ZAGG) » Definitions » Change In Inventory

Zagg (ZAGG) Change In Inventory : $59.7 Mil (TTM As of Sep. 2020)


View and export this data going back to 2007. Start your Free Trial

What is Zagg Change In Inventory?

Zagg's change in inventory for the quarter that ended in Sep. 2020 was $12.0 Mil. It means Zagg's inventory declined by $12.0 Mil from Jun. 2020 to Sep. 2020 .

Zagg's change in inventory for the fiscal year that ended in Dec. 2019 was $-58.9 Mil. It means Zagg's inventory increased by $58.9 Mil from Dec. 2018 to Dec. 2019 .

Zagg's Total Inventories for the quarter that ended in Sep. 2020 was $80.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zagg's Days Inventory for the quarter that ended in Sep. 2020 was 101.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zagg's Inventory Turnover for the quarter that ended in Sep. 2020 was 0.90.

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. Zagg's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.74.


Zagg Change In Inventory Historical Data

The historical data trend for Zagg'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.

* Premium members only.

Zagg Change In Inventory Chart

Zagg Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 -2.20 -0.91 -3.41 -58.95

Zagg Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.77 -5.87 50.89 2.67 12.04

Zagg 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $59.7 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.


Zagg  (NAS:ZAGG) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=85.676/77.023*365 / 4
=101.50

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

Zagg's Inventory Turnover for the quarter that ended in Sep. 2020 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.

Zagg's Inventory to Revenue for the quarter that ended in Sep. 2020 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.


Zagg Change In Inventory Related Terms

Thank you for viewing the detailed overview of Zagg's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Zagg (ZAGG) Business Description

Traded in Other Exchanges
N/A
Address
910 West Legacy Center Drive, Suite 500, Midvale, UT, USA, 84047
Zagg Inc is a manufacturer of smartphone and other mobile accessories. The company's product portfolio includes screen protection, power management solutions, mobile keyboards, personal audio, and cell phone cases sold under the InvisibleShield, mophie, ZAGG, IFROGZ, Gear4, and HALO brands. The largest product by revenue is its screen protectors followed by power management to make the vast majority of revenue. ZAGG Brands has operations in the United States, Ireland, the U.K., and China.
Executives
Chris Ahern director, officer: Chief Executive Officer 910 W. LEGACY CENTER WAY, SUITE 500 MIDVALE UT 84047
Michael Thomas Birch director 910 WEST LEGACY CENTER WAY SUITE 500 MIDVALE UT 84047
Edward Terino director 17 CANTERBURY ROAD, WINDHAM NH 03087
P Scott Stubbs director 2795 EAST COTTONWOOD PARKWAY, SALT LAKE CITY UT 84121
Ronald Garriques director ONE DELL WAY, ROUND ROCK TX 78682
Cheryl A Larabee director 2515 PARKSIDE DRIVE BOISE ID 83712
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115
James Kearns officer: Chief Operating Officer 910 WEST LEGACY CENTER WAY, STE. 500 MIDVALE UT 84047
Taylor D Smith officer: Chief Financial Officer 910 WEST LEGACY CENTER WAY, STE. 500 MIDVALE UT 84047
Bradley J Holiday officer: Chief Financial Officer 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Brian Stech officer: President 910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047
E Todd Heiner director 238 E RICKS CREEK CIRCLE CENTERVILLE UT 84014
Randall L Hales director, officer: President and CEO 1823 STANDING OAK DRIVE DRAPER UT 84020
Christopher Michael Paterson officer: EVP - Product Man. & Dev. 910 W. LEGACY CENTER WAY, SUITE 500 MIDVALE UT 84047
Steve Tarr officer: COO 3855 S. 500 W. SUITE J SALT LAKE CITY UT 84115

Zagg (ZAGG) Headlines

From GuruFocus

Zagg Stock Is Estimated To Be Possible Value Trap

By GF Value GF Value 04-24-2021

ZAGG Brands' Dan Maurer Named to 2020 NACD Directorship 100 List

By Marketwired Marketwired 10-13-2020

ZAGG to Report Third Quarter 2020 Results on November 9, 2020

By Marketwired Marketwired 11-03-2020