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Sacks Parente Golf (Sacks Parente Golf) Change In Inventory : $-0.20 Mil (TTM As of Mar. 2024)


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What is Sacks Parente Golf Change In Inventory?

Sacks Parente Golf's change in inventory for the quarter that ended in Mar. 2024 was $-0.04 Mil. It means Sacks Parente Golf's inventory increased by $0.04 Mil from Dec. 2023 to Mar. 2024 .

Sacks Parente Golf's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.13 Mil. It means Sacks Parente Golf's inventory increased by $0.13 Mil from Dec. 2022 to Dec. 2023 .

Sacks Parente Golf's Total Inventories for the quarter that ended in Mar. 2024 was $0.34 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sacks Parente Golf's Days Inventory for the quarter that ended in Mar. 2024 was 185.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sacks Parente Golf's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.

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. Sacks Parente Golf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.

Sacks Parente Golf Change In Inventory Historical Data

The historical data trend for Sacks Parente Golf'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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Sacks Parente Golf Change In Inventory Chart

Sacks Parente Golf Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
0.03 0.03 -0.06 -0.13

Sacks Parente Golf Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 - -0.09 -0.06 -0.04

Sacks Parente Golf 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 $-0.20 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.

Sacks Parente Golf  (NAS:SPGC) Change In Inventory Explanation

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

Sacks Parente Golf's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.292/0.144*365 / 4
=185.03

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

Sacks Parente Golf's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.144 / 0.292
=0.49

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.

Sacks Parente Golf's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.292 / 0.35
=0.83

* 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.

Sacks Parente Golf Change In Inventory Related Terms

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Sacks Parente Golf (Sacks Parente Golf) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sacks Parente Golf Inc (NAS:SPGC) » Definitions » Change In Inventory
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DOGZ KENS SRM BWMG DSHK BTDG CNXA ALTD PRKA FGH TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 LSE:GAW
Traded in Other Exchanges
N/A
Address
551 Calle San Pablo, Camarillo, CA, USA, 93012
Website
https://www.sacksparente.com
Sacks Parente Golf Inc is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. It designs, manufactures, and sells technology-forward, golf equipment, which is comprised of putting instruments, golf shafts, golf grips, and related product groups. It designs its golf products to fit golfers of all skill levels, amateur and professional.
Executives
Brett Widney Hoge director 121 GRASSLANDS CT, ADVANCE NC 27006
Steve Handy officer: Chief Financial Officer 8228 SUNSET BLVD., LOS ANGELES CA 90046
Timothy Triplett director, officer: Chief Executive Officer
Michael Robert Ferris officer: See remarks 2 CAPTAIN ROAD, WILBRAHAM MA 01095
Akinobu Yorihiro director, officer: Chief Technology Officer 155 GILES ROAD, LAKE SHERWOOD CA 91361
Gregor Alasdair Campbell director 5460 LIVERPOOL CT, OAK PARK CA 91377
Dorothy Lynn Pepper director P.O.BOX 623 ! WEBSTER ST, SARATOGA SPRINGS NY 12866
Angelo Gregory Papadourakis officer: EVP Sales & Distribution 8468 CHICORY COURT, DARIEN IL 60561
Nippon Xport Ventures, Inc. 10 percent owner 155 GILES ROAD,, LAKE SHERWOOD CA 91361