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Intelligent Living Application Group (Intelligent Living Application Group) Change In Inventory : $-0.59 Mil (TTM As of Dec. 2023)


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What is Intelligent Living Application Group Change In Inventory?

Intelligent Living Application Group's change in inventory for the quarter that ended in Dec. 2023 was $0.16 Mil. It means Intelligent Living Application Group's inventory declined by $0.16 Mil from Jun. 2023 to Dec. 2023 .

Intelligent Living Application Group's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.59 Mil. It means Intelligent Living Application Group's inventory increased by $0.59 Mil from Dec. 2022 to Dec. 2023 .

Intelligent Living Application Group's Total Inventories for the quarter that ended in Dec. 2023 was $5.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Intelligent Living Application Group's Days Inventory for the quarter that ended in Dec. 2023 was 226.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Intelligent Living Application Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.81.

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. Intelligent Living Application Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.12.


Intelligent Living Application Group Change In Inventory Historical Data

The historical data trend for Intelligent Living Application 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.

* Premium members only.

Intelligent Living Application Group Change In Inventory Chart

Intelligent Living Application Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial 0.24 -0.68 -0.71 0.54 -0.59

Intelligent Living Application Group Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.41 0.04 0.49 -0.74 0.16

Intelligent Living Application 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.59 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.


Intelligent Living Application Group  (NAS:ILAG) Change In Inventory Explanation

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

Intelligent Living Application 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
=5.042/4.061*365 / 2
=226.59

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

Intelligent Living Application Group's Inventory Turnover for the quarter that ended in Dec. 2023 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.

Intelligent Living Application Group's Inventory to Revenue for the quarter that ended in Dec. 2023 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.


Intelligent Living Application Group Change In Inventory Related Terms

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Intelligent Living Application Group (Intelligent Living Application Group) Business Description

Traded in Other Exchanges
N/A
Address
1-15 Kwai Fung Crescent, Unit 2, 5th Floor, Block A, Profit Industrial Building, Kwai Chung New Territories, Hong Kong, HKG
Intelligent Living Application Group Inc is engaged in the business of manufacturing and selling mechanical locksets. The business is spread across the Unites States, Canada, Australia, and China. Majority of the revenue is generated from the United States.