GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inno Holdings Inc (NAS:INHD) » Definitions » Change In Inventory

Inno Holdings (Inno Holdings) Change In Inventory : $0.37 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Inno Holdings Change In Inventory?

Inno Holdings's change in inventory for the quarter that ended in Mar. 2024 was $0.03 Mil. It means Inno Holdings's inventory declined by $0.03 Mil from Dec. 2023 to Mar. 2024 .

Inno Holdings's change in inventory for the fiscal year that ended in Sep. 2023 was $-0.06 Mil. It means Inno Holdings's inventory increased by $0.06 Mil from Sep. 2022 to Sep. 2023 .

Inno Holdings's Total Inventories for the quarter that ended in Mar. 2024 was $0.36 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inno Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 148.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inno Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

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. Inno Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.05.

Inno Holdings Change In Inventory Historical Data

The historical data trend for Inno Holdings'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.

Inno Holdings Change In Inventory Chart

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23
Change In Inventory
-0.15 -0.05 -0.06

Inno Holdings Quarterly Data
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 -0.11 -0.23 0.57 0.01 0.03

Inno Holdings 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 $0.37 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.

Inno Holdings  (NAS:INHD) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.375/0.231*365 / 4
=148.13

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.231 / 0.375
=0.62

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.375 / 0.183
=2.05

* 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.

Inno Holdings Change In Inventory Related Terms

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

Inno Holdings (Inno Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inno Holdings Inc (NAS:INHD) » Definitions » Change In Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Website
https://www.innometalstuds.com
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.