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Fomo Worldwide (Fomo Worldwide) Change In Inventory : $1.53 Mil (TTM As of Sep. 2023)


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What is Fomo Worldwide Change In Inventory?

Fomo Worldwide's change in inventory for the quarter that ended in Sep. 2023 was $0.08 Mil. It means Fomo Worldwide's inventory declined by $0.08 Mil from Jun. 2023 to Sep. 2023 .

Fomo Worldwide's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.17 Mil. It means Fomo Worldwide's inventory increased by $0.17 Mil from Dec. 2021 to Dec. 2022 .

Fomo Worldwide's Total Inventories for the quarter that ended in Sep. 2023 was $0.22 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fomo Worldwide's Days Inventory for the quarter that ended in Sep. 2023 was 48.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fomo Worldwide's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.87.

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. Fomo Worldwide's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.42.


Fomo Worldwide Change In Inventory Historical Data

The historical data trend for Fomo Worldwide'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.

Fomo Worldwide Change In Inventory Chart

Fomo Worldwide Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 -0.17

Fomo Worldwide 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.25 1.36 0.12 -0.03 0.08

Fomo Worldwide 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 $1.53 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.


Fomo Worldwide  (OTCPK:IGOT) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.2565/0.48*365 / 4
=48.76

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

Fomo Worldwide's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

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.

Fomo Worldwide's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

* 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.


Fomo Worldwide Change In Inventory Related Terms

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Fomo Worldwide (Fomo Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
831 W North Avenue, Pittsburgh, PA, USA, 15233
Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.
Executives
Charles Attila Szoradi 10 percent owner, other: Advisory Board Member 555 SOUTH GODDARD BLVD APT. 332, KING OF PRUSSIA PA 19406
Vikram P Grover director, officer: CEO 1340 BROOK ST. UNIT M, ST CHARLES IL 60174