1st Source (1st Source) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is 1st Source Change In Inventory?

1st Source's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means 1st Source's inventory stayed the same from Sep. 2023 to Dec. 2023 .

1st Source's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means 1st Source's inventory stayed the same from Dec. 2022 to Dec. 2023 .

1st Source's Total Inventories for the quarter that ended in Dec. 2023 was $0.0 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. 1st Source's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

1st Source Change In Inventory Historical Data

The historical data trend for 1st Source'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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1st Source Change In Inventory Chart

1st Source Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Change In Inventory

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1st Source Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

1st Source 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 $0.0 Mil.

1st Source (NAS:SRCE) Change In Inventory Explanation

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

1st Source'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 / 4
	=	N/A

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

1st Source's Inventory Turnover for the quarter that ended in Dec. 2023 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.

1st Source's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	91.406
	=	0.00

1st Source Change In Inventory Related Terms

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1st Source (1st Source) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » 1st Source Corp (NAS:SRCE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 North Michigan Street, South Bend, IN, USA, 46601

Website

https://www.1stsource.com

1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.

Executives

Daniel B Fitzpatrick	director	4220 EDISON LAKES PKWY, C/O QUALITY DINING INC, MISHAWAKA IN 46545
Mark D Schwabero	director	BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Isaac P. Torres	director	P O BOX 1602, SOUTH BEND IN 46634
Brett A. Bauer	officer: Treasurer and CFO	P O BOX 1602, SOUTH BEND IN 46634
Andrea G Short	officer: Treasurer and CFO	PO BOX 1602, SOUTH BEND IN 46634
Weybright Ronda Shrewsbury	director	P O BOX 1602, SOUTH BEND IN 46634
Tracy D Graham	director	PO BOX 1602, SOUTH BEND IN 46634
John T Phair	director	P.O. BOX 1602, SOUTH BEND IN 46634
Melody Birmingham-byrd	director	PO BOX 1602, SOUTH BEND IN 46634
Todd F. Schurz	director	P O BOX 1602, SOUTH BEND IN 46634
Murphy Christopher J Iii	director, officer: Chairman, CEO	P O BOX 1602, SOUTH BEND IN 46634
Carmen C Murphy	10 percent owner	1237 EAST JEFFERSON BOULEVARD, SOUTH BEND IN 46617
John B Griffith	officer: Sr. VP/Secy. 1st Source Bank	P O BOX 1602, SOUTH BEND IN 46634
John Afleck-graves	director	3820 EDISON LAKES PARKWAY, MISHAWAKA IN 46545
Jeffrey L Buhr	officer: Senior Vice President	PO BOX 1602, SOUTH BEND IN 46634