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USpace Technology Group (USpace Technology Group) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)


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What is USpace Technology Group Change In Inventory?

USpace Technology Group's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means USpace Technology Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

USpace Technology Group's change in inventory for the fiscal year that ended in Dec. 2023 was $4.76 Mil. It means USpace Technology Group's inventory declined by $4.76 Mil from Dec. 2022 to Dec. 2023 .

USpace Technology Group's Total Inventories for the quarter that ended in Dec. 2023 was $14.94 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. USpace Technology Group's Days Inventory for the quarter that ended in Dec. 2023 was 62.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. USpace Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.91.

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. USpace Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

USpace Technology Group Change In Inventory Historical Data

The historical data trend for USpace Technology Group'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.

USpace Technology Group Change In Inventory Chart

USpace Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only -0.50 -4.26 -12.49 2.56 4.76

USpace Technology Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

USpace Technology Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.

USpace Technology Group  (OTCPK:USPCY) Change In Inventory Explanation

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

USpace Technology Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=14.9025/43.373*365 / 2
=62.71

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

USpace Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=43.373 / 14.9025
=2.91

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.

USpace Technology Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=14.9025 / 50.007
=0.30

* 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.

USpace Technology Group Change In Inventory Related Terms

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USpace Technology Group (USpace Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » USpace Technology Group Ltd (OTCPK:USPCY) » Definitions » Change In Inventory
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HKSE:00439 HKSE:00232 RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM AXON
Traded in Other Exchanges
01725:Hong Kong
Address
No. 5 Chun Cheong Street, 15th Floor, Data Technology Center, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Website
https://www.hkatg.com
USpace Technology Group Ltd formerly Hong Kong Aerospace Technology Group Ltd is a commercial aerospace company. Its core business is satellite precision manufacturing, control, and aerospace data services to support regional aerospace commercialization needs. The Group has three reportable operating segments they are EMS business - Smart home devices EMS business-Banking and finance and other devices along with Aerospace business.