Stran (SWAG) Change In Inventory : $0.23 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Stran Change In Inventory?

Stran's change in inventory for the quarter that ended in Dec. 2023 was $0.26 Mil. It means Stran's inventory declined by $0.26 Mil from Sep. 2023 to Dec. 2023 .

Stran's change in inventory for the fiscal year that ended in Dec. 2023 was $0.23 Mil. It means Stran's inventory declined by $0.23 Mil from Dec. 2022 to Dec. 2023 .

Stran's Total Inventories for the quarter that ended in Dec. 2023 was $6.64 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stran's Days Inventory for the quarter that ended in Dec. 2023 was 42.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stran's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.16.

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. Stran's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

Stran Change In Inventory Historical Data

The historical data trend for Stran'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.

Stran Change In Inventory Chart

Stran Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.52

-0.39

-2.73

-1.64

0.23

Stran Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial											0.25	1.20	-0.16	-1.08	0.26

Stran 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 $0.23 Mil.

Stran (NAS:SWAG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.771	/	14.605	*	365 / 4
	=	42.30

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.605	/	6.771
	=	2.16

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.771	/	23.344
	=	0.29

Stran Change In Inventory Related Terms

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

Stran (SWAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stran & Co Inc (NAS:SWAG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

S9H:Germany

Address

2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171

Website

https://www.stran.com

Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.

Executives

David M. Leuci	officer: Chief Information Officer	2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Ashley Marshall	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Stranberg	director, 10 percent owner, officer: Exec. Chm., Treas. and Sec.	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
John Audibert	officer: VP of Growth and SI	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alan Chippindale	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Shape	director, 10 percent owner, officer: President and CEO	C/O LONG BLOCKCHAIN CORP., 12-1 DUBON COURT, FARMINGDALE NY 11735
David Browner	officer: Interim CFO	C/O STRAN AND COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Sheila Johnshoy	officer: Chief Operating Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Stephen Paradiso	officer: Chief of Staff	C/O STRAN & COMPANY, INC.,, 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Jason Nolley	officer: Chief Technology Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alejandro Tani	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Christopher Rollins	officer: Chief Financial Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Randolph Birney	officer: Executive Vice President	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Travis Mccourt	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171