Rekor Systems (FRA:38E) Change In Inventory : €-0.65 Mil (TTM As of Dec. 2023)

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What is Rekor Systems Change In Inventory?

Rekor Systems's change in inventory for the quarter that ended in Dec. 2023 was €0.55 Mil. It means Rekor Systems's inventory declined by €0.55 Mil from Sep. 2023 to Dec. 2023 .

Rekor Systems's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.63 Mil. It means Rekor Systems's inventory increased by €0.63 Mil from Dec. 2022 to Dec. 2023 .

Rekor Systems's Total Inventories for the quarter that ended in Dec. 2023 was €2.80 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rekor Systems's Days Inventory for the quarter that ended in Dec. 2023 was 58.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rekor Systems's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.57.

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. Rekor Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

Rekor Systems Change In Inventory Historical Data

The historical data trend for Rekor Systems'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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Rekor Systems Change In Inventory Chart

Rekor Systems Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.21

-0.79

0.06

0.20

-0.63

Rekor Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															1.65	-0.68	-0.31	-0.21	0.55

Rekor Systems 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 quarterly data reported by the company within the most recent 12 months, which was €-0.65 Mil.

Rekor Systems (FRA:38E) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.0225	/	4.751	*	365 / 4
	=	58.05

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.751	/	3.0225
	=	1.57

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.0225	/	10.148
	=	0.30

Rekor Systems Change In Inventory Related Terms

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Rekor Systems (FRA:38E) Business Description

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REKR:USA 38E:Germany

Address

6721 Columbia Gateway Drive, Suite 400, Columbia, MD, USA, 21046

Website

https://www.rekor.ai

Rekor Systems Inc is a United States-based company. It is engaged in providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. Its machine learning software can turn most IP cameras into accurate vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics. Its geographical segments are the United States, Canada, and Others, of which the majority of its revenue comes from the United States.

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