SRM Entertainment's change in inventory for the quarter that ended in Mar. 2024 was $-0.29 Mil. It means SRM Entertainment's inventory
increased by $0.29 Mil
from Dec. 2023 to Mar. 2024 .
SRM Entertainment's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.02 Mil. It means SRM Entertainment's inventory
increased by $0.02 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SRM Entertainment's Days Inventory for the quarter that ended in Mar. 2024 was 49.04.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SRM Entertainment's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.86.
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.
SRM Entertainment's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.
SRM Entertainment Change In Inventory Historical Data
The historical data trend for SRM Entertainment'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.
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 $-0.29 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.
SRM Entertainment (NAS:SRM) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SRM Entertainment's Days Inventory for the quarter that ended in 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.
SRM Entertainment's Inventory to Revenue for the quarter that ended in Mar. 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.
SRM Entertainment Change In Inventory Related Terms
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SRM Entertainment (SRM Entertainment) Business Description
SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's worldwide customer bases venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.
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