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Quantum (Quantum) Change In Inventory : $-4.8 Mil (TTM As of Jun. 2023)


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What is Quantum Change In Inventory?

Quantum's change in inventory for the quarter that ended in Jun. 2023 was $-1.2 Mil. It means Quantum's inventory increased by $1.2 Mil from Mar. 2023 to Jun. 2023 .

Quantum's change in inventory for the fiscal year that ended in Mar. 2023 was $-5.3 Mil. It means Quantum's inventory increased by $5.3 Mil from Mar. 2022 to Mar. 2023 .

Quantum's Total Inventories for the quarter that ended in Jun. 2023 was $45.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quantum's Days Inventory for the quarter that ended in Jun. 2023 was 72.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quantum's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.26.

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. Quantum's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.49.


Quantum Change In Inventory Historical Data

The historical data trend for Quantum'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.

Quantum Change In Inventory Chart

Quantum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 -14.91 -4.96 -16.47 -5.34

Quantum Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -1.80 0.24 -10.47 6.68 -1.21

Quantum 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.8 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.


Quantum  (NAS:QMCO) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=45.019/56.854*365 / 4
=72.25

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

Quantum's Inventory Turnover for the quarter that ended in Jun. 2023 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.

Quantum's Inventory to Revenue for the quarter that ended in Jun. 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.


Quantum Change In Inventory Related Terms

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Quantum (Quantum) Business Description

Traded in Other Exchanges
Address
224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110
Quantum Corp is a United States-based company engaged in providing scale-out storage, archive, and data protection for small businesses and large multinational enterprises. Its solutions capture, share, manage and preserve digital assets throughout the data lifecycle. The scale-out portfolio offerings enable customers to manage large unstructured data sets, provide ingest capabilities, real-time collaboration, scalability, and protection. It derives primary revenues from the products based on tape technology. A majority of the firm's revenue is generated in the Americas, with the rest coming from Europe and Asia-Pacific.
Executives
Brian E Cabrera officer: Chief Legal & Ofcr; Corp Secy CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
James J Lerner director, officer: Pres. & CEO, Chairman of Board C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014
Laura A. Nash officer: Chief Accounting Officer C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
John Hurley officer: Chief Revenue Officer 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Kenneth P. Gianella officer: Chief Financial Officer C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134
Hugues Meyrath director 1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Don Jaworksi director 224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110
Lewis W. Moorehead officer: Chief Accounting Officer 1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142
J Michael Dodson officer: Senior Vice President, CFO 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Christopher D. Neumeyer director 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Yue Zhou White director C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Marc E Rothman director 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Raghavendra Rau director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John Fichthorn director C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004