Akazoo (Akazoo) Change In Inventory : $0.00 Mil (TTM As of Sep. 2019)

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What is Akazoo Change In Inventory?

Akazoo's change in inventory for the quarter that ended in Sep. 2019 was $0.00 Mil. It means Akazoo's inventory stayed the same from Jun. 2019 to Sep. 2019 .

Akazoo's change in inventory for the fiscal year that ended in Mar. 2018 was $0.00 Mil. It means Akazoo's inventory stayed the same from Mar. 2017 to Mar. 2018 .

Akazoo's Total Inventories for the quarter that ended in Sep. 2019 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Akazoo's Days Inventory for the quarter that ended in Sep. 2019 was 0.00.

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

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. Akazoo's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.00.

Akazoo Change In Inventory Historical Data

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

Akazoo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Change In Inventory

Akazoo Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
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Akazoo 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Akazoo (NAS:SONG) Change In Inventory Explanation

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

Akazoo'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	/	29.423	*	365 / 4
	=	0.00

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

Akazoo's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.423	/	0
	=	N/A

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.

Akazoo's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	38.501
	=	0.00

Akazoo Change In Inventory Related Terms

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Akazoo (Akazoo) Business Description

Industry

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Traded in Other Exchanges

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Address

19 Rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.akazoo.com

Akazoo SA operates as a technology company. It offers on-demand music and audio streaming, media and AI technology. The Firm provides its subscribers unlimited online and offline music streaming access to a catalogue of songs on an ad-free basis. The company uses patented AI technology for music recommendations and offers online and offline listening.