InspireMD (FRA:II2) Change In Inventory : €-0.45 Mil (TTM As of Dec. 2023)

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What is InspireMD Change In Inventory?

InspireMD's change in inventory for the quarter that ended in Dec. 2023 was €-0.24 Mil. It means InspireMD's inventory increased by €0.24 Mil from Sep. 2023 to Dec. 2023 .

InspireMD's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.45 Mil. It means InspireMD's inventory increased by €0.45 Mil from Dec. 2022 to Dec. 2023 .

InspireMD's Total Inventories for the quarter that ended in Dec. 2023 was €1.93 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. InspireMD's Days Inventory for the quarter that ended in Dec. 2023 was 144.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. InspireMD's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.

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. InspireMD's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.13.

InspireMD Change In Inventory Historical Data

The historical data trend for InspireMD'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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InspireMD Change In Inventory Chart

InspireMD Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Change In Inventory

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-0.09

-0.15

0.24

-0.45

InspireMD Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.20	-0.07	0.01	-0.15	-0.24

InspireMD 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.45 Mil.

InspireMD (FRA:II2) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.8305	/	1.152	*	365 / 4
	=	144.99

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

InspireMD's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.152	/	1.8305
	=	0.63

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.

InspireMD's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8305	/	1.615
	=	1.13

InspireMD Change In Inventory Related Terms

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InspireMD (FRA:II2) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » InspireMD Inc (FRA:II2) » Definitions » Change In Inventory

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NSPR:USA

Address

4 Menorat Hamaor Street, Tel Aviv, ISR, 6744832

Website

https://www.inspiremd.com

InspireMD Inc is a United States based medical device company. It is focused on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of complex vascular and coronary disease. The products of the company are the CGuard carotid Embolic Prevention System (CGuard EPS) and the MGuard Prime Embolic Protection System (MGuard Prime EPS). It generates the majority of the revenue from the sales of CGuard EPS which combines MicroNet and a self-expandable nitinol stent in a single device for use in carotid artery applications. The group operates in Germany, Italy, Belarus, Brazil, and other countries.

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