INND (Innerscope Hearing Technologies) Change In Inventory: $0.02 Mil (TTM As of Dec. 2020)

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What is Innerscope Hearing Technologies Change In Inventory?

Innerscope Hearing Technologies INND Change In Inventory is $0.02 Mil as of Dec. 2020.

Innerscope Hearing Technologies's change in inventory for the quarter that ended in Dec. 2020 was $0.00 Mil. It means Innerscope Hearing Technologies's inventory declined by $0.00 Mil from Sep. 2020 to Dec. 2020 .

Innerscope Hearing Technologies's change in inventory for the fiscal year that ended in Dec. 2020 was $0.01 Mil. It means Innerscope Hearing Technologies's inventory declined by $0.01 Mil from Dec. 2019 to Dec. 2020 .

Innerscope Hearing Technologies's Total Inventories for the quarter that ended in Dec. 2020 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innerscope Hearing Technologies's Days Inventory for the quarter that ended in Dec. 2020 was 83.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innerscope Hearing Technologies's Inventory Turnover for the quarter that ended in Dec. 2020 was 1.09.

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. Innerscope Hearing Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.25.

Innerscope Hearing Technologies  (OTCPK:INND) Change In Inventory Explanation

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

Innerscope Hearing Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.0055/0.006*365 / 4
=83.65

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

Innerscope Hearing Technologies's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.006 / 0.0055
=1.09

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.

Innerscope Hearing Technologies's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0055 / 0.022
=0.25

* 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.

Innerscope Hearing Technologies Change In Inventory Related Terms

Innerscope Hearing Technologies Change In Inventory Historical Data

* Premium members only.

The historical data trend for Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies Change In Inventory Chart

Innerscope Hearing Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Inventory
Get a 7-Day Free Trial -0.00 -0.00 -0.09 0.07 0.01

Innerscope Hearing Technologies Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.12 0.01 0.01 -0.00 0.00

Innerscope Hearing Technologies 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.02 Mil mean?
Innerscope Hearing Technologies (INND) has a Change In Inventory of $0.02 Mil as of Dec. 2020. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Innerscope Hearing Technologies and its competitors.
Is Innerscope Hearing Technologies' Change In Inventory too high?
Innerscope Hearing Technologies' current Change In Inventory is $0.02 Mil.
How does Innerscope Hearing Technologies' Change In Inventory compare to NWCN and NCAP?
Innerscope Hearing Technologies' Change In Inventory of $0.02 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Medical Devices & Instruments company?
A good Change In Inventory depends on the Medical Devices & Instruments industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Innerscope Hearing Technologies and its competitors. Innerscope Hearing Technologies's current Change In Inventory is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innerscope Hearing Technologies stock overvalued right now?
Innerscope Hearing Technologies (INND) has a current Change In Inventory of $0.02 Mil. The current Change In Inventory is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Innerscope Hearing Technologies (INND), the current Change In Inventory is $0.02 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Innerscope Hearing Technologies Business Description

Address 2151 Professional Drive, Suite 105, Roseville, CA, USA, 95661
Innerscope Hearing Technologies Inc is a manufacturer and distributor of OTC Hearing Aids, Hearing Aid Accessories & Hearing Health-Related Products (Hearing Products) dedicated to addressing the demand for affordable hearing solutions. The company operates retail hearing device clinics in California. InnerScope is focused on leveraging these strategic assets to identify, incubate, and support health-technology ventures positioned for growth in public markets and long-term shareholder value creation.