Iveda Solutions (Iveda Solutions) Change In Inventory : $-0.12 Mil (TTM As of Mar. 2024)

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What is Iveda Solutions Change In Inventory?

Iveda Solutions's change in inventory for the quarter that ended in Mar. 2024 was $-0.18 Mil. It means Iveda Solutions's inventory increased by $0.18 Mil from Dec. 2023 to Mar. 2024 .

Iveda Solutions's change in inventory for the fiscal year that ended in Dec. 2023 was $0.20 Mil. It means Iveda Solutions's inventory declined by $0.20 Mil from Dec. 2022 to Dec. 2023 .

Iveda Solutions's Total Inventories for the quarter that ended in Mar. 2024 was $0.49 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iveda Solutions's Days Inventory for the quarter that ended in Mar. 2024 was 225.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iveda Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.

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. Iveda Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.17.

Iveda Solutions Change In Inventory Historical Data

The historical data trend for Iveda Solutions'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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Iveda Solutions Change In Inventory Chart

Iveda Solutions Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.07

-0.09

-0.12

-0.22

0.20

Iveda Solutions Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.14	0.08	-0.20	0.18	-0.18

Iveda Solutions 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 $-0.12 Mil.

Iveda Solutions (NAS:IVDAW) Change In Inventory Explanation

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

Iveda Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.4075	/	0.165	*	365 / 4
	=	225.36

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.165	/	0.4075
	=	0.40

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4075	/	0.347
	=	1.17

Iveda Solutions Change In Inventory Related Terms

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Iveda Solutions (Iveda Solutions) Business Description

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IVDA:USA

Address

1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204

Website

https://www.iveda.com

Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).