Gorilla Technology Group (Gorilla Technology Group) Change In Inventory : $0.05 Mil (TTM As of Dec. 2023)

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What is Gorilla Technology Group Change In Inventory?

Gorilla Technology Group's change in inventory for the quarter that ended in Dec. 2023 was $0.03 Mil. It means Gorilla Technology Group's inventory declined by $0.03 Mil from Jun. 2023 to Dec. 2023 .

Gorilla Technology Group's change in inventory for the fiscal year that ended in Dec. 2023 was $0.05 Mil. It means Gorilla Technology Group's inventory declined by $0.05 Mil from Dec. 2022 to Dec. 2023 .

Gorilla Technology Group's Total Inventories for the quarter that ended in Dec. 2023 was $0.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gorilla Technology Group's Days Inventory for the quarter that ended in Dec. 2023 was 0.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gorilla Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 418.15.

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. Gorilla Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Gorilla Technology Group Change In Inventory Historical Data

The historical data trend for Gorilla Technology 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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Gorilla Technology Group Change In Inventory Chart

Gorilla Technology Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.03

0.07

-0.06

0.08

0.05

Gorilla Technology Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial				0.08	0.08	0.01	0.01	0.03

Gorilla Technology 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.05 Mil.

Gorilla Technology Group (NAS:GRRR) Change In Inventory Explanation

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

Gorilla Technology 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
	=	0.04	/	16.726	*	365 / 2
	=	0.44

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.726	/	0.04
	=	418.15

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.04	/	58.266
	=	0.00

Gorilla Technology Group Change In Inventory Related Terms

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Gorilla Technology Group (Gorilla Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gorilla Technology Group Inc (NAS:GRRR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meridien House, 42 Upper Berkeley Street, Marble Arch, London, GBR, W1H 5QJ

Website

https://www.gorilla-technology.com

Gorilla Technology Group Inc is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence and Other segments.