Spark Technology AS (OCSE:SPARK) Change In Inventory: kr5.63 Mil (TTM As of Jun. 2024)

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What is Spark Technology AS Change In Inventory?

Spark Technology AS OCSE:SPARK Change In Inventory is kr5.63 Mil as of Jun. 2024.

Spark Technology AS's change in inventory for the quarter that ended in Jun. 2024 was kr1.77 Mil. It means Spark Technology AS's inventory declined by kr1.77 Mil from Dec. 2023 to Jun. 2024 .

Spark Technology AS's change in inventory for the fiscal year that ended in Dec. 2023 was kr1.58 Mil. It means Spark Technology AS's inventory declined by kr1.58 Mil from Dec. 2022 to Dec. 2023 .

Spark Technology AS's Total Inventories for the quarter that ended in Jun. 2024 was kr2.72 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spark Technology AS's Days Inventory for the quarter that ended in Jun. 2024 was 14,183.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spark Technology AS's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.01.

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. Spark Technology AS's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.68.

Spark Technology AS  (OCSE:SPARK) Change In Inventory Explanation

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

Spark Technology AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.575/0.046*365 / 2
=14,183.42

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

Spark Technology AS's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.046 / 3.575
=0.01

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.

Spark Technology AS's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.575 / 5.271
=0.68

* 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.

Spark Technology AS Change In Inventory Related Terms

Spark Technology AS Change In Inventory Historical Data

* Premium members only.

The historical data trend for Spark Technology AS'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.

Spark Technology AS Change In Inventory Chart

Spark Technology AS 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 0.00 0.00 0.69 -0.67 1.58

Spark Technology AS Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.67 0.00 -2.28 3.86 1.77

Spark Technology AS 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr5.63 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 kr5.63 Mil mean?
Spark Technology AS (OCSE:SPARK) has a Change In Inventory of kr5.63 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Spark Technology AS and its competitors.
Is Spark Technology AS's Change In Inventory too high?
Spark Technology AS's current Change In Inventory is kr5.63 Mil.
How does Spark Technology AS's Change In Inventory compare to MS and GS?
Spark Technology AS's Change In Inventory of kr5.63 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Change In Inventory depends on the Capital Markets 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 Spark Technology AS and its competitors. Spark Technology AS's current Change In Inventory is kr5.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark Technology AS stock overvalued right now?
Spark Technology AS (OCSE:SPARK) has a current Change In Inventory of kr5.63 Mil. The current Change In Inventory is kr5.63 Mil. 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 Spark Technology AS (OCSE:SPARK), the current Change In Inventory is kr5.63 Mil as of Jun. 2024. 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.

Spark Technology AS Business Description

Address H 76, 4, Copenhagen S, DNK, 2300
Spark Technology AS formerly Spenn Technology A/S is a a FinTech group providing electronic banking and payments services. The group's two primary solutions are the SPENN platform, a Software as a Service (SaaS) core banking platform and Kazang Zambia, its vendor terminal payments processor. The Company generated majority of its revenue from a solution as a part of the SPENN platform Kazang Zambia.