Sonim Technologies (STU:2W9A) Change In Inventory : €-0.28 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Sonim Technologies Change In Inventory?

Sonim Technologies's change in inventory for the quarter that ended in Mar. 2024 was €1.56 Mil. It means Sonim Technologies's inventory declined by €1.56 Mil from Dec. 2023 to Mar. 2024 .

Sonim Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was €-2.39 Mil. It means Sonim Technologies's inventory increased by €2.39 Mil from Dec. 2022 to Dec. 2023 .

Sonim Technologies's Total Inventories for the quarter that ended in Mar. 2024 was €4.44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sonim Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 37.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sonim Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.45.

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. Sonim Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Sonim Technologies Change In Inventory Historical Data

The historical data trend for Sonim Technologies'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.

Sonim Technologies Change In Inventory Chart

Sonim Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.73

6.15

3.70

1.54

-2.39

Sonim Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.56	-0.21	0.48	-2.11	1.56

Sonim Technologies 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.28 Mil.

Sonim Technologies (STU:2W9A) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.2065	/	12.763	*	365 / 4
	=	37.22

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

Sonim Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.763	/	5.2065
	=	2.45

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.

Sonim Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.2065	/	15.433
	=	0.34

Sonim Technologies Change In Inventory Related Terms

Thank you for viewing the detailed overview of Sonim Technologies's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Sonim Technologies (STU:2W9A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sonim Technologies Inc (STU:2W9A) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SONM:USA 2W9A:Germany

Address

4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121

Website

https://www.sonimtech.com

Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. These products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

Sonim Technologies (STU:2W9A) Headlines

No Headlines