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XTI Aerospace (XTI Aerospace) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)


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What is XTI Aerospace Change In Inventory?

XTI Aerospace's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means XTI Aerospace's inventory stayed the same from Dec. 2022 to Dec. 2023 .

XTI Aerospace's change in inventory for the fiscal year that ended in Dec. 2023 was $-1.28 Mil. It means XTI Aerospace's inventory increased by $1.28 Mil from Dec. 2022 to Dec. 2023 .

XTI Aerospace's Total Inventories for the quarter that ended in Dec. 2023 was $2.42 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. XTI Aerospace's Inventory Turnover for the quarter that ended in Dec. 2023 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.

XTI Aerospace Change In Inventory Historical Data

The historical data trend for XTI Aerospace'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.

XTI Aerospace Change In Inventory Chart

XTI Aerospace Annual Data
Trend Dec21 Dec22 Dec23
Change In Inventory
- -0.57 -1.28

XTI Aerospace Semi-Annual Data
Dec21 Dec22 Dec23
Change In Inventory - - -

XTI Aerospace Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 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.

XTI Aerospace  (NAS:XTIA) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.206/0*365 / 2
=N/A

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

XTI Aerospace's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 2.206
=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.

XTI Aerospace's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.206 / 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.

XTI Aerospace Change In Inventory Related Terms

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XTI Aerospace (XTI Aerospace) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Change In Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112
Website
https://www.xtiaircraft.com
XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024