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Steel Connect's change in inventory for the quarter that ended in Jan. 2024 was $-0.9 Mil. It means Steel Connect's inventory increased by $0.9 Mil from Oct. 2023 to Jan. 2024 .
Steel Connect's change in inventory for the fiscal year that ended in Jul. 2023 was $-0.1 Mil. It means Steel Connect's inventory increased by $0.1 Mil from Jul. 2022 to Jul. 2023 .
Steel Connect's Total Inventories for the quarter that ended in Jan. 2024 was $7.7 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Steel Connect's Days Inventory for the quarter that ended in Jan. 2024 was 20.87.
Inventory Turnover measures how fast the company turns over its inventory within a year. Steel Connect's Inventory Turnover for the quarter that ended in Jan. 2024 was 4.37.
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. Steel Connect's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.17.
The historical data trend for Steel Connect'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.
Steel Connect Annual Data | |||||||||||||||||||||
Trend | Jul14 | Jul15 | Jul16 | Jul17 | Jul18 | Jul19 | Jul20 | Jul21 | Jul22 | Jul23 | |||||||||||
Change In Inventory | Get a 7-Day Free Trial | 2.48 | 8.51 | 1.63 | 0.32 | -0.13 |
Steel Connect Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Change In Inventory | Get a 7-Day Free Trial | 0.58 | 1.93 | -1.57 | 1.53 | -0.89 |
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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.0 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.
Steel Connect (NAS:STCN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Steel Connect's Days Inventory for the quarter that ended in is calculated as:
Days Inventory | = | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period |
= | 7.249 | / | 31.698 | * | 365 / 4 | |
= | 20.87 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Steel Connect's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 31.698 | / | 7.249 | |
= | 4.37 |
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.
Steel Connect's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 7.249 | / | 43.045 | |
= | 0.17 |
* 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.
Thank you for viewing the detailed overview of Steel Connect's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Steel Partners Holdings L.p. | other: See Explanation of Responses | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Joseph Richards Martin | director | C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219 |
Ryan O'herrin | officer: Chief Financial Officer | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547 |
Webfinancial Holding Corp | director, 10 percent owner | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Wf Asset Corp. | 10 percent owner | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Gary Tankard | officer: Chief Accounting Officer | C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Jason Wong | officer: Chief Financial Officer | 590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022 |
Renata Simril | director | 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036 |
Fawaz Khalil | officer: CEO, ModusLink Corporation | C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451 |
John Ashe | officer: CEO,IWCO Direct Holdings, Inc. | C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451 |
Maria Molland | director | 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451 |
Joseph B Sherk | officer: Chief Accounting Officer | C/O UNITED RENTALS INC, FIVE GREENWICH OFFICE PARK, GREENWICH CT 06830 |
Douglas Woodworth | officer: Chief Financial Officer | STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Steel Excel Inc. | 10 percent owner | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Philip E. Lengyel | director | C/O MODUSLINK GLOBAL SOLUTIONS, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451 |
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