GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroAlgo Inc (NAS:MLGO) » Definitions » Change In Inventory

MicroAlgo (MicroAlgo) Change In Inventory : $0.13 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is MicroAlgo Change In Inventory?

MicroAlgo's change in inventory for the quarter that ended in Dec. 2023 was $-0.00 Mil. It means MicroAlgo's inventory increased by $0.00 Mil from Jun. 2023 to Dec. 2023 .

MicroAlgo's change in inventory for the fiscal year that ended in Dec. 2023 was $0.13 Mil. It means MicroAlgo's inventory declined by $0.13 Mil from Dec. 2022 to Dec. 2023 .

MicroAlgo's Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MicroAlgo's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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. MicroAlgo's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

MicroAlgo Change In Inventory Historical Data

The historical data trend for MicroAlgo'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.

MicroAlgo Change In Inventory Chart

MicroAlgo Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
0.21 -0.64 0.69 0.13

MicroAlgo Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial -0.32 0.49 0.20 0.13 -

MicroAlgo 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 $0.13 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.

MicroAlgo  (NAS:MLGO) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/30.888*365 / 2
=0.00

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=30.888 / 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 43.822
=0.00

* 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.

MicroAlgo Change In Inventory Related Terms

Thank you for viewing the detailed overview of MicroAlgo's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

MicroAlgo (MicroAlgo) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroAlgo Inc (NAS:MLGO) » Definitions » Change In Inventory
Comparable Companies
ARAT ARBE TLS EGIO AEVA WHEN TCX PAYS VERI REKR MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ
Traded in Other Exchanges
N/A
Address
Taoyuan Street, Unit 507, Building C, Long Jing High & New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, CHN, 518052
Website
MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips & services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.
Executives
Wimi Hologram Cloud Inc. 10 percent owner NO. 6 XIAOZHUANG, BEIJING F4 100005
Li He officer: CFO C2706, HEZHENGYI GARDEN, SUNGANG STREET, LUOHU DISTRICT SHENZHEN F4 518000
Shiwen Liu officer: COO 2007, DESIGN BUILDING, NO. 8 ZHENHUA ROAD, FUTIAN DISTRICT SHENZHEN F4 518028
Haixia Zhao director ROOM F, 3RD FLOOR, YINGXIE BUILDING, 1002 FUQIANG ROAD, FUTIAN DISTRICT, SHENZHEN F4 518033
Chengwei Yi officer: CTO ROOM 502, UNIT B, BUILDING 3, YIRAN TIANDI RESIDENCE, NANSHAN DISTRICT, SHENZHEN F4 518000
Wengang Kang director ROOM 1214, BUILDING 17, XINYUAN INTERNATIONAL CITY GARDEN, HUAQIAO TOWN, KUNSHAN F4 215332
Xinmin Su director, officer: CEO 1802 YUXUAN PAVILION, 4001 TAIBAI ROAD, LUOHU DISTRICT, SHENZHEN F4 518019
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Liu Yanming director, officer: Chairman + CEO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Yu Chen director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
River Chi director, officer: Chief Financial Officer SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Guojian Chen director 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022