Inrad Optics's change in inventory for the quarter that ended in Mar. 2024 was $-0.24 Mil. It means Inrad Optics's inventory
increased by $0.24 Mil
from Dec. 2023 to Mar. 2024 .
Inrad Optics's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.08 Mil. It means Inrad Optics's inventory
increased by $0.08 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inrad Optics's Days Inventory for the quarter that ended in Mar. 2024 was 165.33.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Inrad Optics's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.
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.
Inrad Optics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.13.
Inrad Optics Change In Inventory Historical Data
The historical data trend for Inrad Optics'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.
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 $0.01 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.
Inrad Optics (OTCPK:INRD) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inrad Optics's Days Inventory for the quarter that ended in 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.
Inrad Optics's Inventory to Revenue for the quarter that ended in Mar. 2024 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.
Inrad Optics Change In Inventory Related Terms
Thank you for viewing the detailed overview of Inrad Optics's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
INRD has been successfully added to your 