Sonic Foundry (Sonic Foundry) Change In Inventory

: $-0.40 Mil (TTM As of Sep. 2023)

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Sonic Foundry's change in inventory for the quarter that ended in Sep. 2023 was $0.67 Mil. It means Sonic Foundry's inventory declined by $0.67 Mil from Jun. 2023 to Sep. 2023 .

Sonic Foundry's change in inventory for the fiscal year that ended in Sep. 2023 was $-0.40 Mil. It means Sonic Foundry's inventory increased by $0.40 Mil from Sep. 2022 to Sep. 2023 .

Sonic Foundry's Total Inventories for the quarter that ended in Sep. 2023 was $1.86 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sonic Foundry's Days Inventory for the quarter that ended in Sep. 2023 was 85.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sonic Foundry's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.07.

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. Sonic Foundry's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.39.

Sonic Foundry Change In Inventory Historical Data

The historical data trend for Sonic Foundry'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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Sonic Foundry Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

0.47

-0.73

0.73

-1.03

-0.40

Sonic Foundry 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																-0.40	-1.08	-0.27	0.27	0.67

Sonic Foundry 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 $-0.40 Mil.

Sonic Foundry (OTCPK:SOFO) Change In Inventory Explanation

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

Sonic Foundry's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.1905	/	2.348	*	365 / 4
	=	85.13

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.348	/	2.1905
	=	1.07

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.1905	/	5.575
	=	0.39

Sonic Foundry Change In Inventory Related Terms

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Sonic Foundry (Sonic Foundry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonic Foundry Inc (OTCPK:SOFO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 W. Washington Avenue, Madison, WI, USA, 53703

Website

https://www.sonicfoundry.com

Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.

Executives

Brian Wiegand	director	8215 GREENWAY BLVD, SUITE 340, MIDDLETON WI 53562
Ron W Busslinger	10 percent owner	27901 VIA DEL AGUA, LAGUNA NIGUEL CA 92677
Joe Jr Mozden	director	3423 WILD PRAIRIE LN, GENEVA IL 60134
Kenneth A Minor	officer: Chief Financial Officer
Nelson A Murphy	director	2300 W INNES ST, SALISBURY NC 28144
Taha Jangda	director	3827 LINKLEA DRIVE, HOUSTON TX 77025
Lawrence William St	director	23 ASHLAND STREET, NEWBURYPORT MA 01950-1905
Kelsy L Boyd	director	2839 PLEASANT VIEW HTS, COTTAGE GROVE WI 53527
Michael Norregaard	officer: Chief Operating Officer	4891 ENCHANTED VALLEY ROAD, MIDDLETON WI 53562
Andrew D. Burish	10 percent owner	8020 EXCELSIOR DRIVE, MADISON WI 53717
David Slayton	director	701 WASHINGTON AVE N. SUITE #400, MINNEAPOLIS WI 55401
Gary Weis	director, officer: Chief Executive Officer & CTO
Kopko Frederick H Jr	director	4901 S ELLIS AVE, CHICAGO IL 60615
Mark D Burish	director	HURLEY, BURISH, MILLIKEN S.C., 301 NORTH BROOM STREET, MADISON WI 53703
David Kleinman	director