CURR (Currenc Group) Change In Inventory : $0.00 Mil (TTM As of Dec. 2024)

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What is Currenc Group Change In Inventory?

Currenc Group's change in inventory for the quarter that ended in Dec. 2024 was $0.00 Mil. It means Currenc Group's inventory stayed the same from Sep. 2024 to Dec. 2024 .

Currenc Group's change in inventory for the fiscal year that ended in Dec. 2024 was $0.00 Mil. It means Currenc Group's inventory stayed the same from Dec. 2023 to Dec. 2024 .

Currenc Group's Total Inventories for the quarter that ended in Dec. 2024 was $0.59 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Currenc Group's Days Inventory for the quarter that ended in Dec. 2024 was 3.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Currenc Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 26.57.

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. Currenc Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Currenc Group Change In Inventory Historical Data

The historical data trend for Currenc Group'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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Currenc Group Change In Inventory Chart

Currenc Group Annual Data

Trend

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Dec24

Change In Inventory

Currenc Group Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
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Currenc Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Currenc Group (NAS:CURR) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.294	/	7.813	*	365 / 4
	=	3.43

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

Currenc Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.813	/	0.294
	=	26.57

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.

Currenc Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.294	/	11.065
	=	0.03

Currenc Group Change In Inventory Related Terms

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Currenc Group Business Description

Industry

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Address

410 North Bridge Road, SPACES City Hall, Singapore, SGP, 188726

Website

https://investors.currencgroup.com

Currenc Group Inc is a is a fintech pioneer dedicated to transforming financial services through artificial intelligence (AI). It empowers financial institutions with comprehensive AI solutions, including the SEAMLESS AI Call Centre and other AI-powered tools designed to reduce costs, increase efficiency and boost customer satisfaction. The Company's digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 payment services, advancing financial access across underserved communities.