iQSTEL (iQSTEL) Change In Inventory : $-0.0 Mil (TTM As of Mar. 2024)

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What is iQSTEL Change In Inventory?

iQSTEL's change in inventory for the quarter that ended in Mar. 2024 was $0.0 Mil. It means iQSTEL's inventory stayed the same from Dec. 2023 to Mar. 2024 .

iQSTEL's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.0 Mil. It means iQSTEL's inventory increased by $0.0 Mil from Dec. 2022 to Dec. 2023 .

iQSTEL's Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iQSTEL's Days Inventory for the quarter that ended in Mar. 2024 was 0.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. iQSTEL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1,853.19.

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. iQSTEL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

iQSTEL Change In Inventory Historical Data

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

iQSTEL Annual Data

Trend

Jun14

Jun15

Jun16

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Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.03

iQSTEL 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															-	-	-	-	-

iQSTEL 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 $-0.0 Mil.

iQSTEL (OTCPK:IQST) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.027	/	50.036	*	365 / 4
	=	0.05

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50.036	/	0.027
	=	1,853.19

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.027	/	51.415
	=	0.00

iQSTEL Change In Inventory Related Terms

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iQSTEL (iQSTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » iQSTEL Inc (OTCPK:IQST) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Aragon Avenue, Suite 375, Coral Gables, FL, USA, 33134

Website

https://www.iqstel.com

iQSTEL Inc is a technology company offering a wide array of services to the telecom and Internet industry. along with its subsidiary the firm offers international long-distance voice services for Tier-1 worldwide telco carriers (ILD Wholesale) and submarine fiber optic network capacity for data carriers and internet service providers both land-based and mobile (4G and 5G). Geographically, it derives a majority of its revenue from the USA.

Executives

Oscar A Brito	director, 10 percent owner	888 BRICKELL KEY DRIVE, 1102, MIAMI FL 33131
Carlos Daniel Silva	10 percent owner	MARTIN CORONADO 3260 PISO 2O OF 212, BUENOS AIRES C1 1425
Alvaro Quintana Cardona	director, officer: COO and CFO	18650 NE 28TH CT., AVENTURA FL 33180
Leandro Jose Iglesias	director, 10 percent owner, officer: President, CEO, Chairperson	AVENIDA DE ARTEIXO 21, 1-IZQ, LA CORU?A U3 15004
Lopez Silva Juan Carlos	officer: Chief Commercial Officer	CALLE 99 #56?41 APTO. 602, BARRANQUILLA F8 080014