MTI Wireless Edge (LSE:MWE) Change In Inventory : £-0.20 Mil (TTM As of Mar. 2024)

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What is MTI Wireless Edge Change In Inventory?

MTI Wireless Edge's change in inventory for the quarter that ended in Mar. 2024 was £-0.18 Mil. It means MTI Wireless Edge's inventory increased by £0.18 Mil from Dec. 2023 to Mar. 2024 .

MTI Wireless Edge's change in inventory for the fiscal year that ended in Dec. 2023 was £0.13 Mil. It means MTI Wireless Edge's inventory declined by £0.13 Mil from Dec. 2022 to Dec. 2023 .

MTI Wireless Edge's Total Inventories for the quarter that ended in Mar. 2024 was £6.04 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTI Wireless Edge's Days Inventory for the quarter that ended in Mar. 2024 was 89.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTI Wireless Edge's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.02.

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. MTI Wireless Edge's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

MTI Wireless Edge Change In Inventory Historical Data

The historical data trend for MTI Wireless Edge'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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MTI Wireless Edge Change In Inventory Chart

MTI Wireless Edge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.40

-0.41

-0.36

-0.78

0.13

MTI Wireless Edge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.75	0.20	-0.02	-	-0.18

MTI Wireless Edge 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 £-0.20 Mil.

MTI Wireless Edge (LSE:MWE) Change In Inventory Explanation

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

MTI Wireless Edge's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.9755	/	6.115	*	365 / 4
	=	89.17

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

MTI Wireless Edge's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.115	/	5.9755
	=	1.02

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.

MTI Wireless Edge's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.9755	/	8.846
	=	0.68

MTI Wireless Edge Change In Inventory Related Terms

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MTI Wireless Edge (LSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MTI Wireless Edge Ltd (LSE:MWE) » Definitions » Change In Inventory

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M7O:Germany

Address

11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121

Website

https://www.mtiwirelessedge.com

MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.