Focus Universal (Focus Universal) Change In Inventory : $-0.18 Mil (TTM As of Dec. 2023)

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What is Focus Universal Change In Inventory?

Focus Universal's change in inventory for the quarter that ended in Dec. 2023 was $0.02 Mil. It means Focus Universal's inventory declined by $0.02 Mil from Sep. 2023 to Dec. 2023 .

Focus Universal's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.18 Mil. It means Focus Universal's inventory increased by $0.18 Mil from Dec. 2022 to Dec. 2023 .

Focus Universal's Total Inventories for the quarter that ended in Dec. 2023 was $0.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Focus Universal's Days Inventory for the quarter that ended in Dec. 2023 was 62.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Focus Universal's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.47.

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. Focus Universal's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.03.

Focus Universal Change In Inventory Historical Data

The historical data trend for Focus Universal'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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Focus Universal Change In Inventory Chart

Focus Universal Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.02

-0.05

-0.18

Focus Universal 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															-0.05	0.01	-	-0.21	0.02

Focus Universal 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 $-0.18 Mil.

Focus Universal (NAS:FCUV) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.291	/	0.427	*	365 / 4
	=	62.19

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.427	/	0.291
	=	1.47

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.291	/	0.282
	=	1.03

Focus Universal Change In Inventory Related Terms

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Focus Universal (Focus Universal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Focus Universal Inc (NAS:FCUV) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

2311 East Locust Court, Ontario, CA, USA, 91761

Website

https://www.focusuniversal.com

Focus Universal Inc develops and manufactures universal smart device. Its products portfolio include Universal Smart Instrumentation Platform, Ubiquitor, Universal Smart Controller, and Sensors. The company also supplies various air filtration systems. The Company consists of three types of operations- Focus and Focus Shenzhen (Corporate), Perfecular and Lusher (IoT Products), AVX (IoT Installation Services). Majority of revenue is generated from IoT Installation Services. IoT Installation Services segment is an IoT installation and management company specializing in high performance and easy to use audio/video, home theater, lighting control, automation, and integration.

Executives

Sheri Lofgren	director	C/O LOGICAL CHOICE CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope	director	1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Gregory S Butterfield	director	3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Carine S. Clark	director	772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Duncan Lee	officer: Chief Financial Officer	20511 EAST WALNUT DRIVE NORTH, WALNUT CA 91789
Jennifer Lingjie Gu	director, 10 percent owner	2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Edward Shihai Lee	director, 10 percent owner, officer: President	2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Desheng Wang	director, 10 percent owner, officer: CEO and Secretary	140 SOUTH ROOSEVELT AVENUE, PASADENA CA 91107