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QMCO (Quantum) Change In Inventory : $12.4 Mil (TTM As of Sep. 2024)


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What is Quantum Change In Inventory?

Quantum's change in inventory for the quarter that ended in Sep. 2024 was $-1.8 Mil. It means Quantum's inventory increased by $1.8 Mil from Jun. 2024 to Sep. 2024 .

Quantum's change in inventory for the fiscal year that ended in Mar. 2024 was $10.5 Mil. It means Quantum's inventory declined by $10.5 Mil from Mar. 2023 to Mar. 2024 .

Quantum's Total Inventories for the quarter that ended in Sep. 2024 was $28.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quantum's Days Inventory for the quarter that ended in Sep. 2024 was 60.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quantum's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.50.

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. Quantum's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.39.


Quantum Change In Inventory Historical Data

The historical data trend for Quantum'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.

Quantum Change In Inventory Chart

Quantum Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.91 -4.96 -16.47 -5.34 10.46

Quantum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.37 -1.04 15.08 0.15 -1.78

Quantum 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.4 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.


Quantum  (NAS:QMCO) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=27.4865/41.201*365 / 4
=60.88

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

Quantum's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

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

* 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.


Quantum Change In Inventory Related Terms

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Quantum Business Description

Traded in Other Exchanges
Address
224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110
Quantum Corp is a United States-based company that delivers end-to-end data management solutions designed for unstructured data. The company provides solutions for the entire data lifecycle. The company specialize in solutions for video, images, audio, and other large files. The company's portfolio of products includes primary storage software and systems, secondary storage software and systems, as well as devices and media. The company's Primary Storage Software and Systems include Myriad All-Flash Software-Defined Storage, StorNext Hybrid Flash/Disk File Storage Software, and Unified Surveillance Platform Software. Secondary Storage Software and Systems include ActiveScale Object Storage Software and DXi Backup Appliances. The firm derives the majority of its revenue from United States.
Executives
Brian E Cabrera officer: Chief Legal & Ofcr; Corp Secy CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
James J Lerner director, officer: Pres. & CEO, Chairman of Board C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014
Kenneth P. Gianella officer: Chief Financial Officer C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134
Laura A. Nash officer: Chief Accounting Officer C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
John Hurley officer: Chief Revenue Officer 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Hugues Meyrath director 1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Don Jaworksi director 224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110
Lewis W. Moorehead officer: Chief Accounting Officer 1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142
J Michael Dodson officer: Senior Vice President, CFO 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Christopher D. Neumeyer director 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Yue Zhou White director C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Marc E Rothman director 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Raghavendra Rau director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John Fichthorn director C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004