Sollensys (Sollensys) Change In Inventory : $0.00 Mil (TTM As of Dec. 2022)

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What is Sollensys Change In Inventory?

Sollensys's change in inventory for the quarter that ended in Dec. 2022 was $0.00 Mil. It means Sollensys's inventory stayed the same from Sep. 2022 to Dec. 2022 .

Sollensys's change in inventory for the fiscal year that ended in Dec. 2022 was $0.00 Mil. It means Sollensys's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Sollensys's Total Inventories for the quarter that ended in Dec. 2022 was $0.01 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Sollensys's Inventory Turnover for the quarter that ended in Dec. 2022 was -3.13.

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.

Sollensys Change In Inventory Historical Data

The historical data trend for Sollensys'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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Sollensys Change In Inventory Chart

Sollensys Annual Data

Trend

Mar12

Mar19

Mar20

Dec21

Dec22

Change In Inventory

-0.02

Sollensys Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Sollensys 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Sollensys (OTCPK:SOLS) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.045	/	-0.141	*	365 / 4
	=	N/A

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

Sollensys's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-0.141	/	0.045
	=	-3.13

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.

Sollensys's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.045	/	-0.546
	=	N/A

Sollensys Change In Inventory Related Terms

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Sollensys (Sollensys) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

1470 Treeland Boulevard Southeast, Palm Bay, FL, USA, 32909

Website

https://www.sollensys.com

Sollensys Corp manufactures the blockchain archive server that maintains a redundant, immutable backup of data. Its blockchain archive server protects client data from ransomware malicious software that infects computers and displays messages.