Spectra Products (TSXV:SSA) Change In Inventory : C$-0.03 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Spectra Products Change In Inventory?

Spectra Products's change in inventory for the quarter that ended in Mar. 2024 was C$0.04 Mil. It means Spectra Products's inventory declined by C$0.04 Mil from Dec. 2023 to Mar. 2024 .

Spectra Products's change in inventory for the fiscal year that ended in Dec. 2023 was C$-0.07 Mil. It means Spectra Products's inventory increased by C$0.07 Mil from Dec. 2022 to Dec. 2023 .

Spectra Products's Total Inventories for the quarter that ended in Mar. 2024 was C$0.26 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spectra Products's Days Inventory for the quarter that ended in Mar. 2024 was 106.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectra Products's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.86.

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. Spectra Products's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Spectra Products Change In Inventory Historical Data

The historical data trend for Spectra Products'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.

Spectra Products Change In Inventory Chart

Spectra Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.02

0.03

-0.02

-0.05

-0.07

Spectra Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.01	-0.05	-0.02	0.01	0.04

Spectra Products 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 C$-0.03 Mil.

Spectra Products (TSXV:SSA) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.28	/	0.24	*	365 / 4
	=	106.46

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.24	/	0.28
	=	0.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.28	/	0.438
	=	0.64

Spectra Products Change In Inventory Related Terms

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

Spectra Products (TSXV:SSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Spectra Products Inc (TSXV:SSA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SPKTF:USA

Address

41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4

Website

https://www.spectraproducts.ca

Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.

Executives

Kevin Haney

Director

Spectra Products (TSXV:SSA) Headlines

No Headlines