ANDR (Andrea Electronics) Change In Inventory: $-0.02 Mil (TTM As of Dec. 2022)


What is Andrea Electronics Change In Inventory?

Andrea Electronics ANDR Change In Inventory is $-0.02 Mil as of Dec. 2022.

Andrea Electronics's change in inventory for the quarter that ended in Dec. 2022 was $-0.08 Mil. It means Andrea Electronics's inventory increased by $0.08 Mil from Sep. 2022 to Dec. 2022 .

Andrea Electronics's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.02 Mil. It means Andrea Electronics's inventory increased by $0.02 Mil from Dec. 2021 to Dec. 2022 .

Andrea Electronics's Total Inventories for the quarter that ended in Dec. 2022 was $0.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Andrea Electronics's Days Inventory for the quarter that ended in Dec. 2022 was 325.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Andrea Electronics's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.28.

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. Andrea Electronics's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.98.

Andrea Electronics  (OTCPK:ANDR) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.2465/0.069*365 / 4
=325.99

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

Andrea Electronics's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.069 / 0.2465
=0.28

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.

Andrea Electronics's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2465 / 0.252
=0.98

* 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.

Andrea Electronics Change In Inventory Related Terms

Andrea Electronics Change In Inventory Historical Data

* Premium members only.

The historical data trend for Andrea Electronics'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.

Andrea Electronics Change In Inventory Chart

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.01 0.11 -0.15 -0.02

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.06 0.01 0.11 -0.08

Andrea Electronics 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.02 Mil mean?
Andrea Electronics (ANDR) has a Change In Inventory of $-0.02 Mil as of Dec. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Andrea Electronics and its competitors.
Is Andrea Electronics' Change In Inventory too high?
Andrea Electronics' current Change In Inventory is $-0.02 Mil.
How does Andrea Electronics' Change In Inventory compare to GAXY and TKLS?
Andrea Electronics' Change In Inventory of $-0.02 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Hardware company?
A good Change In Inventory depends on the Hardware industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Andrea Electronics and its competitors. Andrea Electronics's current Change In Inventory is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andrea Electronics stock overvalued right now?
Andrea Electronics (ANDR) has a current Change In Inventory of $-0.02 Mil. The current Change In Inventory is $-0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Andrea Electronics (ANDR), the current Change In Inventory is $-0.02 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Andrea Electronics Business Description

Address 620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.