Victory Square Technologies (Victory Square Technologies) Change In Inventory : $-0.23 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Victory Square Technologies Change In Inventory?

Victory Square Technologies's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Victory Square Technologies's inventory stayed the same from Mar. 2023 to Sep. 2023 .

Victory Square Technologies's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.31 Mil. It means Victory Square Technologies's inventory increased by $0.31 Mil from Dec. 2021 to Dec. 2022 .

Victory Square Technologies's Total Inventories for the quarter that ended in Sep. 2023 was $0.04 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Victory Square Technologies's Days Inventory for the quarter that ended in Sep. 2023 was 3.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Victory Square Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 24.11.

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. Victory Square Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

Victory Square Technologies Change In Inventory Historical Data

The historical data trend for Victory Square 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.

* Premium members only.

Victory Square Technologies Change In Inventory Chart

Victory Square Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

Get a 7-Day Free Trial

-0.11

-0.31

Victory Square Technologies Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-0.27	-0.02	0.05	-	-

Victory Square Technologies 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 $-0.23 Mil.

Victory Square Technologies (OTCPK:VSQTF) Change In Inventory Explanation

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

Victory Square 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
	=	0.056	/	1.35	*	365 / 4
	=	3.79

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

Victory Square Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.35	/	0.056
	=	24.11

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.

Victory Square Technologies's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.056	/	2.375
	=	0.02

Victory Square Technologies Change In Inventory Related Terms

Thank you for viewing the detailed overview of Victory Square Technologies's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Victory Square Technologies (Victory Square Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Victory Square Technologies Inc (OTCPK:VSQTF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

6F6:Germany VST:Canada

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.victorysquare.com

Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming.