SPEC (Spectaire Holdings) Change In Inventory: $0.08 Mil (TTM As of Jun. 2024)


What is Spectaire Holdings Change In Inventory?

Spectaire Holdings SPEC Change In Inventory is $0.08 Mil as of Jun. 2024.

Spectaire Holdings's change in inventory for the quarter that ended in Jun. 2024 was $0.00 Mil. It means Spectaire Holdings's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Spectaire Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.24 Mil. It means Spectaire Holdings's inventory increased by $0.24 Mil from Dec. 2022 to Dec. 2023 .

Spectaire Holdings's Total Inventories for the quarter that ended in Jun. 2024 was $0.16 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectaire Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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.

Spectaire Holdings  (OTCPK:SPEC) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.164/0*365 / 4
=N/A

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

Spectaire Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0.164
=0.00

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.

Spectaire Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.164 / 0
=N/A

* 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.

Spectaire Holdings Change In Inventory Related Terms

Spectaire Holdings Change In Inventory Historical Data

* Premium members only.

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Change In Inventory Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Change In Inventory
0.00 0.00 -0.24

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Inventory Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.08 0.00

Spectaire Holdings 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 quarterly data reported by the company within the most recent 12 months, which was $0.08 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 $0.08 Mil mean?
Spectaire Holdings (SPEC) has a Change In Inventory of $0.08 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Spectaire Holdings and its competitors.
Is Spectaire Holdings' Change In Inventory too high?
Spectaire Holdings' current Change In Inventory is $0.08 Mil.
How does Spectaire Holdings' Change In Inventory compare to VLTO and FSS?
Spectaire Holdings' Change In Inventory of $0.08 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Inventory depends on the Industrial Products 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 Spectaire Holdings and its competitors. Spectaire Holdings's current Change In Inventory is $0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current Change In Inventory of $0.08 Mil. The current Change In Inventory is $0.08 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 Spectaire Holdings (SPEC), the current Change In Inventory is $0.08 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.