SatixFy Communications (SatixFy Communications) Change In Inventory : $-0.79 Mil (TTM As of Mar. 2024)

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What is SatixFy Communications Change In Inventory?

SatixFy Communications's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means SatixFy Communications's inventory stayed the same from Dec. 2023 to Mar. 2024 .

SatixFy Communications's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.64 Mil. It means SatixFy Communications's inventory increased by $0.64 Mil from Dec. 2022 to Dec. 2023 .

SatixFy Communications's Total Inventories for the quarter that ended in Mar. 2024 was $1.60 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SatixFy Communications's Days Inventory for the quarter that ended in Mar. 2024 was 436.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. SatixFy Communications's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.

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. SatixFy Communications's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

SatixFy Communications Change In Inventory Historical Data

The historical data trend for SatixFy Communications'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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SatixFy Communications Change In Inventory Chart

SatixFy Communications Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.06

-0.01

-0.15

-0.64

SatixFy Communications Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial						0.16	-0.33	-	-0.47	-

SatixFy Communications 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 $-0.79 Mil.

SatixFy Communications (AMEX:SATX) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.5395	/	0.322	*	365 / 4
	=	436.27

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

SatixFy Communications's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.322	/	1.5395
	=	0.21

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.

SatixFy Communications's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.5395	/	1.906
	=	0.81

SatixFy Communications Change In Inventory Related Terms

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SatixFy Communications (SatixFy Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SatixFy Communications Ltd (AMEX:SATX) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

12 Hamada Street, Rehovot, ISR, 670315

Website

https://www.satixfy.com

SatixFy Communications Ltd develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. Its products include modems that feature Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the advanced communications standard DVB-S2X. Geographical presence in U.S, Canada, UK and Other countries. Majority of its company revenue comes from U.S and Canada.