Faro Technologies (Faro Technologies) Change In Inventory : $0.7 Mil (TTM As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Faro Technologies Change In Inventory?

Faro Technologies's change in inventory for the quarter that ended in Dec. 2023 was $1.3 Mil. It means Faro Technologies's inventory declined by $1.3 Mil from Sep. 2023 to Dec. 2023 .

Faro Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $0.7 Mil. It means Faro Technologies's inventory declined by $0.7 Mil from Dec. 2022 to Dec. 2023 .

Faro Technologies's Total Inventories for the quarter that ended in Dec. 2023 was $34.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Faro Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 70.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Faro Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.30.

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. Faro Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Faro Technologies Change In Inventory Historical Data

The historical data trend for Faro Technologies'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.

Faro Technologies Change In Inventory Chart

Faro Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-4.14

10.34

-6.71

3.38

0.74

Faro Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															1.25	-1.53	3.12	-2.13	1.28

Faro Technologies 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 $0.7 Mil.

Faro Technologies (NAS:FARO) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	37.312	/	48.554	*	365 / 4
	=	70.12

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.554	/	37.312
	=	1.30

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.312	/	98.84
	=	0.38

Faro Technologies Change In Inventory Related Terms

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

Faro Technologies (Faro Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Faro Technologies Inc (NAS:FARO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

FT1:Germany

Address

250 Technology Park, Lake Mary, FL, USA, 32746

Website

https://www.faro.com

Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.

Executives

Alexander M Davern	director	C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Peter James Lau	director, officer: President and CEO	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rotterdam Jeroen Van	director	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Yuval Wasserman	director	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Stephen Cole	director	125 TECHNOLOGY PARK, LAKE MARY FL 32746
John Donofrio	director	ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Jawad A Ahsan	director	17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey D Sexton	officer: Vice President of Global Sales	1519 MONTEVAL PLACE, SAN JOSE CA 95120
Rajani Ramanathan	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Moonhie Chin	director	AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Kevin Beadle	officer: Senior Vice President, Sales	1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Katrona Tyrrell	officer: Chief People Officer	C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Yazid Tohme	officer: Chief R&D Officer	C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich	officer: Chief Financial Officer	250 TECHNOLOGY PARK, LAKE MARY FL 32746
Michael D Burger	director, officer: President and CEO	250 TECHNOLOGY PARK, LAKE MARY FL 32746