Metalert's change in inventory for the quarter that ended in Sep. 2023 was $0.03 Mil. It means Metalert's inventory
declined by $0.03 Mil
from Jun. 2023 to Sep. 2023 .
Metalert's change in inventory for the fiscal year that ended in Dec. 2022 was $0.03 Mil. It means Metalert's inventory
declined by $0.03 Mil
from Dec. 2021 to Dec. 2022 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Metalert's Days Inventory for the quarter that ended in Sep. 2023 was 166.05.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Metalert's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.55.
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.
Metalert's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.82.
Metalert Change In Inventory Historical Data
The historical data trend for Metalert'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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.06 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.
Metalert (OTCPK:MLRT) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Metalert'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.
Metalert's Inventory to Revenue for the quarter that ended in Sep. 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.
Metalert Change In Inventory Related Terms
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Metalert Inc along with its subsidiaries, is engaged in the designing, development, manufacturing, distribution, and sales of products and services in the GPS and BLE wearable technology personal location and wandering assistive technology business. Its Products and services include GPS SmartSole, Take-Along Tracker 4G, Track My Workforce, Sole Protector for GPS Smart sole, Take-Along Friends & the Invisabelt, Protective Medical devices & supplies, and VeriTap. The company generates revenue from product sales, recurring subscriptions, software, and intellectual property (IP) licensing, fees for custom hardware and software development, professional consulting, and support & maintenance services.
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