MICR (Micron Solutions) Change In Inventory: $-0.02 Mil (TTM As of Mar. 2023)

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MICR Micron Solutions Inc MICR
16 GF Score
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What is Micron Solutions Change In Inventory?

Micron Solutions MICR 16 Change In Inventory is $-0.02 Mil as of Mar. 2023. GuruFocus rates MICR with a GF Score™ of 16/100.

Micron Solutions's change in inventory for the quarter that ended in Mar. 2023 was $-0.18 Mil. It means Micron Solutions's inventory increased by $0.18 Mil from Dec. 2022 to Mar. 2023 .

Micron Solutions's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.20 Mil. It means Micron Solutions's inventory increased by $0.20 Mil from Dec. 2021 to Dec. 2022 .

Micron Solutions's Total Inventories for the quarter that ended in Mar. 2023 was $3.39 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Micron Solutions's Days Inventory for the quarter that ended in Mar. 2023 was 61.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Micron Solutions's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.47.

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. Micron Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.64.

Micron Solutions  (OTCPK:MICR) Change In Inventory Explanation

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

Micron 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
=3.2925/4.854*365 / 4
=61.90

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

Micron Solutions's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.854 / 3.2925
=1.47

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.

Micron Solutions's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.2925 / 5.178
=0.64

* 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.

Micron Solutions Change In Inventory Related Terms

Micron Solutions Change In Inventory Historical Data

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The historical data trend for Micron 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.

Micron Solutions Change In Inventory Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.35 1.26 -0.26 -0.27 -0.20

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.37 0.51 -0.29 -0.05 -0.18
MICR
16GF Score
Micron Solutions Inc MICR
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.02 Mil mean?
Micron Solutions (MICR) has a Change In Inventory of $-0.02 Mil as of Mar. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Micron Solutions and its competitors.
Is Micron Solutions' Change In Inventory too high?
Micron Solutions' current Change In Inventory is $-0.02 Mil. Overall, Micron Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Micron Solutions' Change In Inventory compare to AIMD and RSLS?
Micron Solutions' Change In Inventory of $-0.02 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Medical Devices & Instruments company?
A good Change In Inventory depends on the Medical Devices & Instruments industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Micron Solutions and its competitors. Micron Solutions's current Change In Inventory is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Solutions stock overvalued right now?
Micron Solutions (MICR) has a current Change In Inventory of $-0.02 Mil. The current Change In Inventory is $-0.02 Mil. Micron Solutions' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Micron Solutions (MICR), the current Change In Inventory is $-0.02 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Micron Solutions Business Description

Address 25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
16GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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