INVZ (Innoviz Technologies) Change In Inventory : $3.61 Mil (TTM As of Sep. 2024)

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What is Innoviz Technologies Change In Inventory?

Innoviz Technologies's change in inventory for the quarter that ended in Sep. 2024 was $0.53 Mil. It means Innoviz Technologies's inventory declined by $0.53 Mil from Jun. 2024 to Sep. 2024 .

Innoviz Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $2.37 Mil. It means Innoviz Technologies's inventory declined by $2.37 Mil from Dec. 2022 to Dec. 2023 .

Innoviz Technologies's Total Inventories for the quarter that ended in Sep. 2024 was $1.23 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innoviz Technologies's Days Inventory for the quarter that ended in Sep. 2024 was 29.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innoviz Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.14.

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. Innoviz Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.33.

Innoviz Technologies Change In Inventory Historical Data

The historical data trend for Innoviz 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.

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Innoviz Technologies Change In Inventory Chart

Innoviz Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.20

-0.82

-2.09

0.02

2.37

Innoviz Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-0.25	2.97	-0.14	0.26	0.53

Innoviz 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.61 Mil.

Innoviz Technologies (NAS:INVZ) Change In Inventory Explanation

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

Innoviz 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
	=	1.49	/	4.686	*	365 / 4
	=	29.01

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

Innoviz Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.686	/	1.49
	=	3.14

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.

Innoviz Technologies's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.49	/	4.52
	=	0.33

Innoviz Technologies Change In Inventory Related Terms

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Innoviz Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Innoviz Technologies Ltd (NAS:INVZ) » Definitions » Change In Inventory

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Address

5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202

Website

https://www.innoviz.tech

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger cars and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructure, security and mapping.