Markforged Holding (Markforged Holding) Change In Inventory : $5.00 Mil (TTM As of Mar. 2024)

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What is Markforged Holding Change In Inventory?

Markforged Holding's change in inventory for the quarter that ended in Mar. 2024 was $2.53 Mil. It means Markforged Holding's inventory declined by $2.53 Mil from Dec. 2023 to Mar. 2024 .

Markforged Holding's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.53 Mil. It means Markforged Holding's inventory increased by $0.53 Mil from Dec. 2022 to Dec. 2023 .

Markforged Holding's Total Inventories for the quarter that ended in Mar. 2024 was $23.79 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Markforged Holding's Days Inventory for the quarter that ended in Mar. 2024 was 221.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Markforged Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.

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. Markforged Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.23.

Markforged Holding Change In Inventory Historical Data

The historical data trend for Markforged Holding'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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Markforged Holding Change In Inventory Chart

Markforged Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.81

-3.98

-14.05

-0.53

Markforged Holding Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										-3.00	-0.43	0.67	2.24	2.53

Markforged Holding 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 $5.00 Mil.

Markforged Holding (NYSE:MKFG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	25.2825	/	10.414	*	365 / 4
	=	221.53

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.414	/	25.2825
	=	0.41

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.2825	/	20.547
	=	1.23

Markforged Holding Change In Inventory Related Terms

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Markforged Holding (Markforged Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Markforged Holding Corp (NYSE:MKFG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Pleasant Street, Watertown, MA, USA, 02472

Website

https://www.markforged.com

Markforged Holding Corp transforms manufacturing with 3D metal and continuous carbon fiber printers capable of producing parts tough enough for the factory floor. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to eliminate the barriers between design and functional parts. The company's geographical segments include the Americas; Europe, the Middle East, Africa; and Asia-Pacific.

Executives

Aaron Vandevender	director	1 TOWER PLACE, SUITE 850, SOUTH SAN FRANCISCO CA 94080
Assaf Zipori	officer: Acting Chief Financial Officer	MARKFORGED HOLDING CORP, 60 TOWER ROAD, WALTHAM MA 02451
Shai Terem	director, officer: President and CEO	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Mark Joseph Schwartz	officer: Chief Financial Officer	4104 24TH STREET #345, SAN FRANCISCO CA 94114
Gregory Mark	10 percent owner	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
David Benhaim	officer: Chief Technology Officer	C/O MARKFORGED, 480 PLEASANT STREET, WATERTWON MA 02472
Stephen Karp	officer: General Counsel	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Carol Meyers	director	3 BATTERY WHARF, UNIT 3408, BOSTON MA 02109
Alan Masarek	director	C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
Richard A Damore	10 percent owner	C/O NORTHBRIDGE VENTURE PARTNERS, 950 WINTER ST STE 4600, WALTHAM MA 02451
North Bridge Venture Partners 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
North Bridge Venture Management 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
Michael Medici	director	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Matrix Ix Management Co. Llc	10 percent owner	101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142
Antonio L. Rodriguez	director	MATRIX PARTNERS, 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142