SinglePoint (SinglePoint) Change In Inventory : $-0.42 Mil (TTM As of Sep. 2023)

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What is SinglePoint Change In Inventory?

SinglePoint's change in inventory for the quarter that ended in Sep. 2023 was $0.18 Mil. It means SinglePoint's inventory declined by $0.18 Mil from Jun. 2023 to Sep. 2023 .

SinglePoint's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.84 Mil. It means SinglePoint's inventory increased by $0.84 Mil from Dec. 2021 to Dec. 2022 .

SinglePoint's Total Inventories for the quarter that ended in Sep. 2023 was $2.99 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SinglePoint's Days Inventory for the quarter that ended in Sep. 2023 was 57.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. SinglePoint's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.58.

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. SinglePoint's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.45.

SinglePoint Change In Inventory Historical Data

The historical data trend for SinglePoint'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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SinglePoint Change In Inventory Chart

SinglePoint Annual Data

Trend

Oct08

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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0.02

-0.08

0.01

-0.07

-0.84

SinglePoint Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-0.82	0.09	-0.74	0.06	0.18

SinglePoint 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.42 Mil.

SinglePoint (BATS:SING) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.078	/	4.848	*	365 / 4
	=	57.93

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

SinglePoint's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.848	/	3.078
	=	1.58

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.

SinglePoint's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.078	/	6.915
	=	0.45

SinglePoint Change In Inventory Related Terms

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SinglePoint (SinglePoint) Business Description

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Address

3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016

Website

https://www.singlepoint.com

SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. It is committed to building the largest vertically integrated network for the marketing and installation of solar panels in the residential and commercial markets. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector addressing the need for air purification in schools and offices. SinglePoint is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service and additional energy-efficient appliances that enhance sustainability.