SoFi Technologies (SoFi Technologies) Change In Inventory : $0.00 Mil (TTM As of Jul. 2020)

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What is SoFi Technologies Change In Inventory?

SoFi Technologies's change in inventory for the quarter that ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies's inventory stayed the same from . 20 to Jul. 2020 .

SoFi Technologies's change in inventory for the fiscal year that ended in . 20 was $0.00 Mil. It means SoFi Technologies's inventory stayed the same from . 20 to . 20 .

SoFi Technologies's Total Inventories for the quarter that ended in Jul. 2020 was $0.00 Mil.

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

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

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.

SoFi Technologies Change In Inventory Historical Data

The historical data trend for SoFi Technologies'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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SoFi Technologies Change In Inventory Chart

SoFi Technologies Annual Data

Trend

Dec20

Change In Inventory

SoFi Technologies Semi-Annual Data
	Jul20
Change In Inventory	-

SoFi Technologies Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Jul. 2020 was $0.00 Mil.

SoFi Technologies (NAS:SOFI) Change In Inventory Explanation

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

SoFi Technologies'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	/	0	*	365 / 2
	=	N/A

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

SoFi Technologies's Inventory Turnover for the quarter that ended in Jul. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

SoFi Technologies's Inventory to Revenue for the quarter that ended in Jul. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

SoFi Technologies Change In Inventory Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (NAS:SOFI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

https://www.sofi.com

SoFi Technologies Inc helps people achieve financial independence to realize their ambitions. Its products include SoFi Money, SoFi Invest, Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, SoFi Relay, SoFi Protect among others. The company's product gives over two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people.