Kornit Digital (Kornit Digital) Change In Inventory : $11.0 Mil (TTM As of Dec. 2023)

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What is Kornit Digital Change In Inventory?

Kornit Digital's change in inventory for the quarter that ended in Dec. 2023 was $4.5 Mil. It means Kornit Digital's inventory declined by $4.5 Mil from Sep. 2023 to Dec. 2023 .

Kornit Digital's change in inventory for the fiscal year that ended in Dec. 2023 was $11.0 Mil. It means Kornit Digital's inventory declined by $11.0 Mil from Dec. 2022 to Dec. 2023 .

Kornit Digital's Total Inventories for the quarter that ended in Dec. 2023 was $67.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kornit Digital's Days Inventory for the quarter that ended in Dec. 2023 was 163.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kornit Digital's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.56.

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. Kornit Digital's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.33.

Kornit Digital Change In Inventory Historical Data

The historical data trend for Kornit Digital'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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Kornit Digital Change In Inventory Chart

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-4.18

-15.83

-14.08

-29.00

11.03

Kornit Digital 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															-2.44	-3.02	4.96	4.57	4.52

Kornit Digital 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 $11.0 Mil.

Kornit Digital (NAS:KRNT) Change In Inventory Explanation

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

Kornit Digital's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	75.4115	/	42.013	*	365 / 4
	=	163.79

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.013	/	75.4115
	=	0.56

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	75.4115	/	56.585
	=	1.33

Kornit Digital Change In Inventory Related Terms

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Kornit Digital (Kornit Digital) Business Description

Industry

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Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.