Marvion (Marvion) Change In Inventory : $-7.77 Mil (TTM As of Mar. 2024)

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What is Marvion Change In Inventory?

Marvion's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Marvion's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Marvion's change in inventory for the fiscal year that ended in Dec. 2023 was $-6.38 Mil. It means Marvion's inventory increased by $6.38 Mil from Dec. 2022 to Dec. 2023 .

Marvion's Total Inventories for the quarter that ended in Mar. 2024 was $7.77 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marvion's Days Inventory for the quarter that ended in Mar. 2024 was 9,986.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marvion's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.01.

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. Marvion's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 83.55.

Marvion Change In Inventory Historical Data

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

Marvion Annual Data

Trend

Jun08

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Dec23

Change In Inventory

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-6.38

Marvion Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															1.39	-	-12.03	4.26	-

Marvion 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 $-7.77 Mil.

Marvion (OTCPK:MVNCD) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.77	/	0.071	*	365 / 4
	=	9,986.09

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.071	/	7.77
	=	0.01

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.77	/	0.093
	=	83.55

Marvion Change In Inventory Related Terms

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Marvion (Marvion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNCD) » Definitions » Change In Inventory

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Address

3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190

Website

https://www.marvion.media

Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.