Southern States Bancshares (FRA:6U2) Change In Inventory : €0.00 Mil (TTM As of Mar. 2024)

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What is Southern States Bancshares Change In Inventory?

Southern States Bancshares's change in inventory for the quarter that ended in Mar. 2024 was €0.00 Mil. It means Southern States Bancshares's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Southern States Bancshares's change in inventory for the fiscal year that ended in Dec. 2023 was €0.00 Mil. It means Southern States Bancshares's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Southern States Bancshares's Total Inventories for the quarter that ended in Mar. 2024 was €0.00 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.

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. Southern States Bancshares's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Southern States Bancshares Change In Inventory Historical Data

The historical data trend for Southern States Bancshares'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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Southern States Bancshares Change In Inventory Chart

Southern States Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Southern States Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Southern States Bancshares 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 €0.00 Mil.

Southern States Bancshares (FRA:6U2) Change In Inventory Explanation

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

Southern States Bancshares's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

Southern States Bancshares's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Southern States Bancshares's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	20.338
	=	0.00

Southern States Bancshares Change In Inventory Related Terms

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Southern States Bancshares (FRA:6U2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern States Bancshares Inc (FRA:6U2) » Definitions » Change In Inventory

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Traded in Other Exchanges

SSBK:USA

Address

615 Quintard Avenue, Anniston, AL, USA, 36201

Website

https://www.southernstatesbank.net

Southern States Bancshares Inc is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in communities.

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