Intellinetics (Intellinetics) Change In Inventory : $-0.01 Mil (TTM As of Mar. 2024)

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What is Intellinetics Change In Inventory?

Intellinetics's change in inventory for the quarter that ended in Mar. 2024 was $0.02 Mil. It means Intellinetics's inventory declined by $0.02 Mil from Dec. 2023 to Mar. 2024 .

Intellinetics's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.04 Mil. It means Intellinetics's inventory increased by $0.04 Mil from Dec. 2022 to Dec. 2023 .

Intellinetics's Total Inventories for the quarter that ended in Mar. 2024 was $0.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Intellinetics's Days Inventory for the quarter that ended in Mar. 2024 was 5.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Intellinetics's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.83.

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. Intellinetics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Intellinetics Change In Inventory Historical Data

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

Intellinetics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.01

-0.04

Intellinetics 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	0.01	-0.02	-0.02	0.02

Intellinetics 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 $-0.01 Mil.

Intellinetics (AMEX:INLX) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.1015	/	1.607	*	365 / 4
	=	5.76

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.607	/	0.1015
	=	15.83

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1015	/	4.507
	=	0.02

Intellinetics Change In Inventory Related Terms

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Intellinetics (Intellinetics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intellinetics Inc (AMEX:INLX) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

2190 Dividend Drive, Columbus, OH, USA, 43228

Website

https://www.intellinetics.com

Intellinetics Inc is a document service and solutions software company serving both the small-to-medium business and governmental sectors. The company's digital transformation products and services are provided through two reporting segments: Document Management and Document Conversion. The Document Management segment consists primarily of solutions involving software platforms, which allow customers to capture and manage all documents across operations such as scanned hard-copy documents and all digital documents including those from Microsoft Office 365, digital images, audio, video, and emails. The company's Document Conversion offerings aid clients as a part of their overall document strategy to convert documents from one medium to another.

Executives

Paul Seid	director	22 WOODHAVEN DRIVE, NEW CITY NY 10956
Robert Taglich	10 percent owner	700 NEW YORK AVENUE, HUNTINGTON NY 11743
John C Guttilla	director	C/O ORCHIDS PAPER PRODUCTS COMPANY, 4826 HUNT STREET, PRYOR OK 74361
Michael N Taglich	10 percent owner	TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791
William Cooke	director	800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Robert C Schroeder	director	37 MAIN STREET, COLD SPRING HARBOR, NEW YORK NY 11724
James F Desocio	director, officer: Chief Executive Officer	380 ST PETER STREET, ST PAUL MN 55102
Joseph D Spain	officer: Chief Financial Officer	2190 DIVIDEND DR., COLUMBUS OH 43228
Roger E. Kahn	director	C/O BRIDGELINE DIGITAL, INC., 80 BLANCHARD ROAD, BURLINGTON MA 01803
Sophie Pibouin	director	4 SAINT JODE COURT, NORTHPORT NY 11768
Murray H Gross	director	2951 KINWEST PARKWAY, IRVING TX 75063
Thomas D Moss	director	2190 DIVIDEND DRIVE, COLUMBUS OH 43228
Matthew L Chretien	director, 10 percent owner, officer: President and CEO	2190 DIVIDEND DRIVE, COLUMBUS OH 43228
A Michael Chretien	director, 10 percent owner, officer: Secretary and Chairman	2190 DIVIDEND DRIVE, COLUMBUS OH 43228
Ramon M Shealy	other: Former Director*	2190 DIVIDEND DRIVE, COLUMBUS OH 43228