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PARTS iD (PARTS iD) Change In Inventory : $3.5 Mil (TTM As of Sep. 2023)


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What is PARTS iD Change In Inventory?

PARTS iD's change in inventory for the quarter that ended in Sep. 2023 was $0.1 Mil. It means PARTS iD's inventory declined by $0.1 Mil from Jun. 2023 to Sep. 2023 .

PARTS iD's change in inventory for the fiscal year that ended in Dec. 2022 was $3.3 Mil. It means PARTS iD's inventory declined by $3.3 Mil from Dec. 2021 to Dec. 2022 .

PARTS iD's Total Inventories for the quarter that ended in Sep. 2023 was $1.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PARTS iD's Days Inventory for the quarter that ended in Sep. 2023 was 10.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. PARTS iD's Inventory Turnover for the quarter that ended in Sep. 2023 was 8.78.

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. PARTS iD's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.08.


PARTS iD Change In Inventory Historical Data

The historical data trend for PARTS iD'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.

PARTS iD Change In Inventory Chart

PARTS iD Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Inventory
-0.63 -1.46 -0.90 3.32

PARTS iD Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.69 2.26 0.91 0.23 0.14

PARTS iD 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.5 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.


PARTS iD  (OTCPK:IDICQ) Change In Inventory Explanation

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

PARTS iD's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.2985/11.395*365 / 4
=10.40

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

PARTS iD's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

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.

PARTS iD's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

* 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.


PARTS iD Change In Inventory Related Terms

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PARTS iD (PARTS iD) Business Description

Traded in Other Exchanges
N/A
Address
1 Corporate Drive, Suite C, Cranbury, NJ, USA, 08512
PARTS iD Inc is a technology-driven, digital commerce company focused on online retailer of automotive parts, components, and accessories. The product portfolio includes interior products, exterior products, wheels, body parts, audio & electronics, automotive tools, and other related products. The Company provides its product vendors with access to its customer base and e-commerce market.
Executives
Eugene Kovshilovsky officer: Chief Technology Officer C/O PARTS ID, INC., 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Sanjiv Gomes officer: Chief Information Officer 16941 KEEGAN AVENUE, CARSON CA 90746
James Doss officer: Chief Financial Officer 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Kailas Agrawal officer: Chief Financial Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Mark Atwater officer: VP of Vendor Relations 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Antonino Ciappina officer: Chief Executive Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Lev Peker director US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Aditya Jha director 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Pendleton Brian John Jr. officer: See remarks 1308 RACE STREET, SUITE 200, CINCINNATI OH 45202
Edwin Rigaud director 3639 VINEYARD PLACE, CINCINNATI OH 45226
Ajay Roy officer: Chief Operating Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Rahul Petkar director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Roman Gerashenko 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Stanislav Royzenshteyn 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Ann M. Schwister director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512