Altium (Altium) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Altium Change In Inventory?

Altium's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Altium's inventory stayed the same from Jun. 2023 to Dec. 2023 .

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

Altium's Total Inventories for the quarter that ended in Dec. 2023 was $1.2 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. Altium's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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. Altium's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Altium Change In Inventory Historical Data

The historical data trend for Altium'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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Altium Change In Inventory Chart

Altium Annual Data

Trend

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Change In Inventory

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Altium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Altium 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 semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Altium (OTCPK:ALMFF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.184	/	0	*	365 / 2
	=	N/A

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

Altium's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	1.184
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.184	/	138.472
	=	0.01

Altium Change In Inventory Related Terms

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Altium (Altium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altium Ltd (OTCPK:ALMFF) » Definitions » Change In Inventory

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A5V:Germany ALU:Australia

Address

821 Pacific Highway, Suite 3, Level 6, Tower B, The Zenith, Chatswood, Sydney, NSW, AUS, 2067

Website

https://www.altium.com

Altium is a well-run technology company providing specialized software for the design of printed circuit boards. Altium's core design software has rapidly taken market share in the past decade and is now among the world's most widely used. In addition, Altium owns and operates the world's largest online marketplace for searching and sourcing electronic components used in printed circuit board manufacturing, and this industry is still in the early stages of moving toward online marketing.