Guardforce AI Co (Guardforce AI Co) Change In Inventory : $0.76 Mil (TTM As of Dec. 2023)

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What is Guardforce AI Co Change In Inventory?

Guardforce AI Co's change in inventory for the quarter that ended in Dec. 2023 was $0.46 Mil. It means Guardforce AI Co's inventory declined by $0.46 Mil from Jun. 2023 to Dec. 2023 .

Guardforce AI Co's change in inventory for the fiscal year that ended in Dec. 2023 was $0.76 Mil. It means Guardforce AI Co's inventory declined by $0.76 Mil from Dec. 2022 to Dec. 2023 .

Guardforce AI Co's Total Inventories for the quarter that ended in Dec. 2023 was $0.65 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guardforce AI Co's Days Inventory for the quarter that ended in Dec. 2023 was 14.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guardforce AI Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.26.

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. Guardforce AI Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Guardforce AI Co Change In Inventory Historical Data

The historical data trend for Guardforce AI Co'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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Guardforce AI Co Change In Inventory Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.49

-0.97

-2.88

0.76

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial				1.14	-5.52	2.65	0.30	0.46

Guardforce AI Co 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.76 Mil.

Guardforce AI Co (NAS:GFAI) Change In Inventory Explanation

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

Guardforce AI Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.219	/	14.95	*	365 / 2
	=	14.88

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

Guardforce AI Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.95	/	1.219
	=	12.26

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.

Guardforce AI Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.219	/	17.867
	=	0.07

Guardforce AI Co Change In Inventory Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guardforce AI Co Ltd (NAS:GFAI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.