ThredUp (ThredUp) Change In Inventory : $9.2 Mil (TTM As of Mar. 2024)

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What is ThredUp Change In Inventory?

ThredUp's change in inventory for the quarter that ended in Mar. 2024 was $3.8 Mil. It means ThredUp's inventory declined by $3.8 Mil from Dec. 2023 to Mar. 2024 .

ThredUp's change in inventory for the fiscal year that ended in Dec. 2023 was $2.2 Mil. It means ThredUp's inventory declined by $2.2 Mil from Dec. 2022 to Dec. 2023 .

ThredUp's Total Inventories for the quarter that ended in Mar. 2024 was $11.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ThredUp's Days Inventory for the quarter that ended in Mar. 2024 was 51.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. ThredUp's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.78.

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. ThredUp's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

ThredUp Change In Inventory Historical Data

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

ThredUp Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.29

0.37

-2.74

-7.89

2.21

ThredUp Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial														-3.16	0.49	1.80	3.08	3.83

ThredUp 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.2 Mil.

ThredUp (NAS:TDUP) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	13.6345	/	24.262	*	365 / 4
	=	51.28

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

ThredUp's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.262	/	13.6345
	=	1.78

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.

ThredUp's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.6345	/	79.588
	=	0.17

ThredUp Change In Inventory Related Terms

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ThredUp (ThredUp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ThredUp Inc (NAS:TDUP) » Definitions » Change In Inventory

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Traded in Other Exchanges

6XV:Germany

Address

969 Broadway, Suite 200, Oakland, CA, USA, 94607

Website

https://www.thredup.com

ThredUp Inc is an online resale platform for women and kids apparel, shoes, and accessories. It generates revenue from items that are sold to buyers through the website, mobile app, and RaaS partners.

Executives

James G. Reinhart	director, officer: Chief Executive Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Anthony Salvatore Marino	officer: President	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Patricia Nakache	director, 10 percent owner	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Trinity Tvl X, Llc	10 percent owner	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Daniel J Nova	director, 10 percent owner	C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alon Rotem	officer: Chief Legal Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Sean Sobers	officer: Chief Financial Officer	3450 W. WARREN AVENUE, FREMONT CA 94538
Christopher Homer	officer: Chief Operating Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Ian Friedman	director	C/O HIGHLAND TRANSCEND PARTNERS I CORP., 16 FAYERWEATHER ST, CAMBRIDGE MA 02138
Jack R Lazar	director	400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Rushing Coretha M	director	C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Highland Management Partners Viii Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Management Partners Viii Ltd	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners Viii Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners Viii-b Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142