Smart Parking (ASX:SPZ) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is Smart Parking Change In Inventory?

Smart Parking's change in inventory for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Smart Parking's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Smart Parking's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Smart Parking's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Smart Parking's Total Inventories for the quarter that ended in Dec. 2023 was A$0.71 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Parking's Days Inventory for the quarter that ended in Dec. 2023 was 152.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Parking's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.20.

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. Smart Parking's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Smart Parking Change In Inventory Historical Data

The historical data trend for Smart Parking'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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Smart Parking Change In Inventory Chart

Smart Parking Annual Data

Trend

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Jun23

Change In Inventory

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Smart Parking 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															-	-	-	-	-

Smart Parking 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 A$0.00 Mil.

Smart Parking (ASX:SPZ) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.7095	/	0.849	*	365 / 2
	=	152.51

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.849	/	0.7095
	=	1.20

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.7095	/	26.581
	=	0.03

Smart Parking Change In Inventory Related Terms

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Smart Parking (ASX:SPZ) Business Description

Industry

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Address

85 Dundas Place, Albert Park, VIC, AUS, 3206

Website

https://www.smartparking.com

Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.

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