Rolling Optics Holding AB (Rolling Optics Holding AB) Change In Inventory

: $-0.18 Mil (TTM As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

Rolling Optics Holding AB's change in inventory for the quarter that ended in Sep. 2023 was $-0.10 Mil. It means Rolling Optics Holding AB's inventory increased by $0.10 Mil from Jun. 2023 to Sep. 2023 .

Rolling Optics Holding AB's change in inventory for the fiscal year that ended in Dec. 2022 was $0.11 Mil. It means Rolling Optics Holding AB's inventory declined by $0.11 Mil from Dec. 2021 to Dec. 2022 .

Rolling Optics Holding AB's Total Inventories for the quarter that ended in Sep. 2023 was $0.37 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rolling Optics Holding AB's Days Inventory for the quarter that ended in Sep. 2023 was 305.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rolling Optics Holding AB's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.30.

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. Rolling Optics Holding AB's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.53.

Rolling Optics Holding AB Change In Inventory Historical Data

The historical data trend for Rolling Optics Holding AB'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.

Rolling Optics Holding AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

-0.08

0.04

-0.06

-0.03

0.11

Rolling Optics Holding AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory																-0.06	0.08	-0.04	-0.12	-0.10

Rolling Optics Holding AB 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.18 Mil.

Rolling Optics Holding AB (OTCPK:ICTAF) Change In Inventory Explanation

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

Rolling Optics Holding AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.321	/	0.096	*	365 / 4
	=	305.12

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

Rolling Optics Holding AB's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.096	/	0.321
	=	0.30

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.

Rolling Optics Holding AB's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.321	/	0.601
	=	0.53

Rolling Optics Holding AB Change In Inventory Related Terms

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

Rolling Optics Holding AB (Rolling Optics Holding AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rolling Optics Holding AB (OTCPK:ICTAF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

RO:Sweden

Address

Strandvag 3, Solna, Stockholm, SWE, 171 54

Website

https://www.rollingoptics.com

Rolling Optics Holding AB is engaged in the business of supplying micro optical security materials and anti-counterfeit solutions for brand protection. The company operates in two areas - Brand Security, which protects companies and brands from counterfeits and High Security, which includes bank notes, ID cards and passports.

Rolling Optics Holding AB (Rolling Optics Holding AB) Headlines

From GuruFocus

The Central Bank of Lebanon issues a commemorative note with Rolling Optics' revolutionary 3D technology

By PRNewswire PRNewswire • 12-09-2020