GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Smart Sand Inc (FRA:1SD) » Definitions » Change In Inventory

Smartnd (FRA:1SD) Change In Inventory : €-5.1 Mil (TTM As of Mar. 2024)


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

What is Smartnd Change In Inventory?

Smartnd's change in inventory for the quarter that ended in Mar. 2024 was €1.1 Mil. It means Smartnd's inventory declined by €1.1 Mil from Dec. 2023 to Mar. 2024 .

Smartnd's change in inventory for the fiscal year that ended in Dec. 2023 was €-6.1 Mil. It means Smartnd's inventory increased by €6.1 Mil from Dec. 2022 to Dec. 2023 .

Smartnd's Total Inventories for the quarter that ended in Mar. 2024 was €23.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smartnd's Days Inventory for the quarter that ended in Mar. 2024 was 33.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smartnd's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.72.

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. Smartnd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.


Smartnd Change In Inventory Historical Data

The historical data trend for Smartnd'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.

Smartnd Change In Inventory Chart

Smartnd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.92 3.90 1.72 -4.87 -6.09

Smartnd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.09 -2.70 -2.76 -0.80 1.14

Smartnd 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5.1 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.


Smartnd  (FRA:1SD) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=24.067/65.542*365 / 4
=33.51

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

Smartnd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Smartnd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Smartnd Change In Inventory Related Terms

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


Smartnd (FRA:1SD) Business Description

Traded in Other Exchanges
Address
28420 Hardy Toll Road, Suite 130, Spring, TX, USA, 77373
Smart Sand Inc is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. It produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Its product portfolio includes Smart System, which includes SmartDepot Silo and SmartPath Loader. The company caters its products and services to oil and natural gas exploration and production companies and oilfield service companies. The majority of its revenue comes from Sand Sales, followed by logistics.

Smartnd (FRA:1SD) Headlines

No Headlines