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Vuzix (LTS:0LRL) Change In Inventory : $-3.37 Mil (TTM As of Mar. 2024)


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What is Vuzix Change In Inventory?

Vuzix's change in inventory for the quarter that ended in Mar. 2024 was $-0.87 Mil. It means Vuzix's inventory increased by $0.87 Mil from Dec. 2023 to Mar. 2024 .

Vuzix's change in inventory for the fiscal year that ended in Dec. 2023 was $-2.09 Mil. It means Vuzix's inventory increased by $2.09 Mil from Dec. 2022 to Dec. 2023 .

Vuzix's Total Inventories for the quarter that ended in Mar. 2024 was $9.87 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vuzix's Days Inventory for the quarter that ended in Mar. 2024 was 418.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vuzix's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

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. Vuzix's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.71.

Vuzix Change In Inventory Historical Data

The historical data trend for Vuzix'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.

* Premium members only.

Vuzix Change In Inventory Chart

Vuzix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.00 -1.67 -6.57 0.59 -2.09

Vuzix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.41 -0.49 -0.44 -1.57 -0.87

Vuzix 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 $-3.37 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.

Vuzix  (LTS:0LRL) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.434/2.057*365 / 4
=418.50

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2.057 / 9.434
=0.22

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.434 / 2.004
=4.71

* 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.

Vuzix Change In Inventory Related Terms

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Vuzix (LTS:0LRL) Business Description

Industry
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Traded in Other Exchanges
VUZI:USA V7XN:Germany
Address
25 Hendrix Road, Suite A, West Henrietta, NY, USA, 14586
Website
https://www.vuzix.com
Vuzix Corp is engaged in design, manufacture, marketing and sale of augmented reality wearable display and computing devices, also referred to as head mounted displays in the form of Smart Glasses and Augmented Reality glasses. Geographically, the company generates majority of the revenue from United States and also has its presence in Europe, Asia-Pacific and Others.

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