GIGA has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
GIGA has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Giga-Tronics's change in inventory for the quarter that ended in Mar. 2024 was $0.11 Mil. It means Giga-Tronics's inventory declined by $0.11 Mil from Dec. 2023 to Mar. 2024 .
Giga-Tronics's change in inventory for the fiscal year that ended in Dec. 2023 was $1.42 Mil. It means Giga-Tronics's inventory declined by $1.42 Mil from Dec. 2022 to Dec. 2023 .
Giga-Tronics's Total Inventories for the quarter that ended in Mar. 2024 was $6.24 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Giga-Tronics's Days Inventory for the quarter that ended in Mar. 2024 was 74.90.
Inventory Turnover measures how fast the company turns over its inventory within a year. Giga-Tronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.22.
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. Giga-Tronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.
The historical data trend for Giga-Tronics'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.
Giga-Tronics Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Change In Inventory | -1.08 | -1.21 | 1.42 |
Giga-Tronics Quarterly Data | |||||||||||
Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Change In Inventory | Get a 7-Day Free Trial | -0.24 | -0.13 | 0.70 | 1.08 | 0.11 |
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 $1.76 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.
Giga-Tronics (OTCPK:GIGA) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Giga-Tronics's Days Inventory for the quarter that ended in is calculated as:
Days Inventory | = | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period |
= | 6.3095 | / | 7.687 | * | 365 / 4 | |
= | 74.90 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Giga-Tronics's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 7.687 | / | 6.3095 | |
= | 1.22 |
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.
Giga-Tronics's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 6.3095 | / | 9.573 | |
= | 0.66 |
* 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.
Thank you for viewing the detailed overview of Giga-Tronics's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
William B. Horne | director | C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626 |
Timothy Long | officer: Chief Operating Officer | 7272 E. INDIAN SCHOOL ROAD, SUITE 540, SCOTTSDALE AZ 85251 |
Bitnile Holdings, Inc. | 10 percent owner | 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141 |
Jonathan R Read | director, officer: Chief Executive Officer | 6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251 |
Robert O Smith | director | DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538 |
Jeffrey Allen Bentz | director | 107 E BONITA WAY, TEMPE AZ 85281 |
Thomas E Vickers | director | 2101 WEST COMMERCIAL BLVD, SUITE 3500, FORT LAUDERDALE FL 33309 |
Wit Cornelis F | 10 percent owner | 2101 WEST COMMERCIAL BLVD., SUITE 3500, FORT LAUDERDALE FL 33309 |
Smc Private Equity Holdings Gp, Llc | 10 percent owner | 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
Smc Private Equity Holdings, Lp | 10 percent owner | 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
Spring Mountain Capital G.p., Llc | 10 percent owner | C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
Spring Mountain Capital, Llc | 10 percent owner | C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
Smc Select Co-investment I Gp, Llc | 10 percent owner | C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
Gregory P. Ho | 10 percent owner | C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
John Steffens | 10 percent owner | C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487 |
From GuruFocus
By sperokesalga sperokesalga • 03-28-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.