Spirit Technology Solutions (ASX:ST1) Change In Inventory : A$0.0 Mil (TTM As of Dec. 2023)

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What is Spirit Technology Solutions Change In Inventory?

Spirit Technology Solutions's change in inventory for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means Spirit Technology Solutions's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Spirit Technology Solutions's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means Spirit Technology Solutions's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Spirit Technology Solutions's Total Inventories for the quarter that ended in Dec. 2023 was A$2.4 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. Spirit Technology Solutions'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. Spirit Technology Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Spirit Technology Solutions Change In Inventory Historical Data

The historical data trend for Spirit Technology Solutions'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.

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Spirit Technology Solutions Change In Inventory Chart

Spirit Technology Solutions Annual Data

Trend

Jun14

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Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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Spirit Technology Solutions Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Spirit Technology Solutions 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 A$0.0 Mil.

Spirit Technology Solutions (ASX:ST1) Change In Inventory Explanation

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

Spirit Technology Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.5785	/	0	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	2.5785
	=	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.5785	/	57.006
	=	0.05

Spirit Technology Solutions Change In Inventory Related Terms

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Spirit Technology Solutions (ASX:ST1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spirit Technology Solutions Ltd (ASX:ST1) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

19-25 Raglan Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.spirit.com.au

Spirit Technology Solutions Ltd provides telecommunication services, cloud services, managed IT services, and cyber security services to small and medium-sized businesses. It derives key revenue from Managed services followed by internet and data services. Geographically the group operates and generates revenue in Australia.

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