Sobrfe's change in inventory for the quarter that ended in Mar. 2024 was $0.02 Mil. It means Sobrfe's inventory
declined by $0.02 Mil
from Dec. 2023 to Mar. 2024 .
Sobrfe's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.13 Mil. It means Sobrfe's inventory
increased by $0.13 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.
Sobrfe's Days Inventory for the quarter that ended in Mar. 2024 was 1,211.80.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sobrfe's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.08.
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.
Sobrfe's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 6.92.
Sobrfe Change In Inventory Historical Data
The historical data trend for Sobrfe'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 $-0.07 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.
Sobrfe (NAS:SOBR) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sobrfe'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.
Sobrfe'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.
Sobrfe Change In Inventory Related Terms
Thank you for viewing the detailed overview of Sobrfe's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sobr Safe Inc is engaged in developing alcohol-detecting devices to address the automotive alcohol sensing spectrum. The company has developed an alcohol detection device called SOBR. This device is patented and is used for detecting alcohol in a human system by testing the ethanol content in the perspiration. The company generates revenue through various combinations of software products and services which include the sale of cloud-based software solutions, detection and data collection hardware devices, and cloud-based data reporting and analysis services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SOBR has been successfully added to your 