IVDN (Innovative Designs) Change In Inventory : $0.07 Mil (TTM As of Jan. 2025)

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What is Innovative Designs Change In Inventory?

Innovative Designs's change in inventory for the quarter that ended in Jan. 2025 was $-0.01 Mil. It means Innovative Designs's inventory increased by $0.01 Mil from Oct. 2024 to Jan. 2025 .

Innovative Designs's change in inventory for the fiscal year that ended in Oct. 2024 was $0.05 Mil. It means Innovative Designs's inventory declined by $0.05 Mil from Oct. 2023 to Oct. 2024 .

Innovative Designs's Total Inventories for the quarter that ended in Jan. 2025 was $0.51 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innovative Designs's Days Inventory for the quarter that ended in Jan. 2025 was 199.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innovative Designs's Inventory Turnover for the quarter that ended in Jan. 2025 was 0.46.

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. Innovative Designs's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.93.

Innovative Designs Change In Inventory Historical Data

The historical data trend for Innovative Designs'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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Innovative Designs Change In Inventory Chart

Innovative Designs Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Change In Inventory

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0.06

0.03

0.05

-0.05

0.05

Innovative Designs Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Change In Inventory	Get a 7-Day Free Trial															-0.03	0.06	0.05	-0.03	-0.01

Innovative Designs 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 Mil.

Innovative Designs (OTCPK:IVDN) Change In Inventory Explanation

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

Innovative Designs's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.505	/	0.231	*	365 / 4
	=	199.49

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

Innovative Designs's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.231	/	0.505
	=	0.46

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.

Innovative Designs's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.505	/	0.544
	=	0.93

Innovative Designs Change In Inventory Related Terms

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Innovative Designs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Innovative Designs Inc (OTCPK:IVDN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

124 Cherry Street, Pittsburgh, PA, USA, 15223

Website

https://www.idigear.com

Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low-density foamed polyethylene with buoyancy, scent block, and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold-weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment. Majority of the revenue is from USA and Canada.

Executives

Donald Vincent Garlotta	director	124 CHERRY STREET, PITTSBURGH PA 15223
Robert Kennedy Adams	director	3509 WILLIAM PENN DR., SAN ANTONIO TX 78230
Joseph Riccelli	director, 10 percent owner, officer: Chief Executive Officer	223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean Kolocouris	director	109 FOX PATH, MOON TWP PA 15108
Daniel P Rains	director	2509 WIEWAN ROAD, ALIQUIPPA PA 15001
Robert D Monsour	director	223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Innovative Designs Inc	director	124 CHERRY ST., STE 1, PITTSBURGH PA 15223
Joseph A Riccelli	officer: Vice President	223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean P Kolocouris	director	223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Frank Riccelli	director, 10 percent owner, officer: President	223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dominic Cerniglia	director	223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Anthony Fonzi	director, officer: Chief Financial Officer	223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215