INEOF (INEO Tech) Change In Inventory : $0.05 Mil (TTM As of Dec. 2024)

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What is INEO Tech Change In Inventory?

INEO Tech's change in inventory for the quarter that ended in Dec. 2024 was $0.01 Mil. It means INEO Tech's inventory declined by $0.01 Mil from Sep. 2024 to Dec. 2024 .

INEO Tech's change in inventory for the fiscal year that ended in Jun. 2024 was $0.04 Mil. It means INEO Tech's inventory declined by $0.04 Mil from Jun. 2023 to Jun. 2024 .

INEO Tech's Total Inventories for the quarter that ended in Dec. 2024 was $0.14 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. INEO Tech's Days Inventory for the quarter that ended in Dec. 2024 was 134.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. INEO Tech's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.68.

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. INEO Tech's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.71.

INEO Tech Change In Inventory Historical Data

The historical data trend for INEO Tech'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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INEO Tech Change In Inventory Chart

INEO Tech Annual Data

Trend

May11

May12

May17

May18

May19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Inventory

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-0.08

0.02

-0.02

-0.08

0.04

INEO Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															0.03	0.01	0.02	-	0.01

INEO Tech 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 $0.05 Mil.

INEO Tech (OTCPK:INEOF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.146	/	0.099	*	365 / 4
	=	134.57

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.099	/	0.146
	=	0.68

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.146	/	0.206
	=	0.71

INEO Tech Change In Inventory Related Terms

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INEO Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » INEO Tech Corp (OTCPK:INEOF) » Definitions » Change In Inventory

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INEO:Canada

Address

No 105 - 19130 24th Avenue, Surrey, BC, CAN, V3Z 3S9

Website

https://www.ineosolutionsinc.com

INEO Tech Corp is engaged in operating of the INEO Media Network for retailers, which provides retail analytics and targeted advertising through its cloud-based IoT (Internet of Things) and AI (Artificial Intelligence) technology. The Company operates the INEO Media Network using a SaaS-based model for retail stores. The operating segments of the company are Loss Prevention, Fabrication, Retail Media, and other.