Sobrfe (FRA:Z6S1) Change In Inventory : €-0.02 Mil (TTM As of Jun. 2024)

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What is Sobrfe Change In Inventory?

Sobrfe's change in inventory for the quarter that ended in Jun. 2024 was €0.04 Mil. It means Sobrfe's inventory declined by €0.04 Mil from Mar. 2024 to Jun. 2024 .

Sobrfe's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.12 Mil. It means Sobrfe's inventory increased by €0.12 Mil from Dec. 2022 to Dec. 2023 .

Sobrfe's Total Inventories for the quarter that ended in Jun. 2024 was €0.26 Mil.

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 Jun. 2024 was 668.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sobrfe's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.14.

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 Jun. 2024 was 5.57.

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.

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Sobrfe Change In Inventory Chart

Sobrfe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.04

-0.17

-0.12

Sobrfe Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-0.01	-	-0.07	0.02	0.04

Sobrfe 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.02 Mil.

Sobrfe (FRA:Z6S1) 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:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2785	/	0.038	*	365 / 4
	=	668.77

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

Sobrfe's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.038	/	0.2785
	=	0.14

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 Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2785	/	0.05
	=	5.57

Sobrfe Change In Inventory Related Terms

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Sobrfe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sobr Safe Inc (FRA:Z6S1) » Definitions » Change In Inventory

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SOBR:USA

Address

6400 South Fiddlers Green Circle, Suite 1400, Greenwood Village, CO, USA, 80111

Website

https://www.sobrsafe.com

Sobr Safe Inc provides non-invasive technology to quickly and humanely identify the presence of alcohol in individuals. Its technologies are integrated within robust and scalable data platform, producing statistical and measurable user and business data. It developed the scalable, patent-pending SOBRsafe software platform for non-invasive alcohol detection and identity verification, a solution that has current and potential applications. It 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.

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