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Planet Image International (Planet Image International) Change In Inventory : $2.8 Mil (TTM As of Dec. 2023)


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What is Planet Image International Change In Inventory?

Planet Image International's change in inventory for the quarter that ended in Dec. 2023 was $-5.0 Mil. It means Planet Image International's inventory increased by $5.0 Mil from Jun. 2023 to Dec. 2023 .

Planet Image International's change in inventory for the fiscal year that ended in Dec. 2023 was $2.8 Mil. It means Planet Image International's inventory declined by $2.8 Mil from Dec. 2022 to Dec. 2023 .

Planet Image International's Total Inventories for the quarter that ended in Dec. 2023 was $17.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Planet Image International's Days Inventory for the quarter that ended in Dec. 2023 was 58.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Planet Image International's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.14.

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. Planet Image International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Planet Image International Change In Inventory Historical Data

The historical data trend for Planet Image International'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.

* Premium members only.

Planet Image International Change In Inventory Chart

Planet Image International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
2.96 -7.78 3.82 1.69 2.83

Planet Image International Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only 1.96 5.40 -3.71 7.81 -4.99

Planet Image International 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 $2.8 Mil.

* 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.

Planet Image International  (NAS:YIBO) Change In Inventory Explanation

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

Planet Image International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=15.3705/48.328*365 / 2
=58.04

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

Planet Image International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=48.328 / 15.3705
=3.14

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.

Planet Image International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=15.3705 / 76.017
=0.20

* 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.

Planet Image International Change In Inventory Related Terms

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Planet Image International (Planet Image International) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Planet Image International Ltd (NAS:YIBO) » Definitions » Change In Inventory
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N/A
Address
No. 756 Guangfu Road, Hi-tech Development Zone, Jiangxi Province, Xinyu, CHN
Website
http://www.goaster.com
Planet Image International Ltd is engaged in manufacturing and selling compatible toner cartridges. It develops and manufactures toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from different manufacturers, or compatible toner cartridges, on a white-label or third-party brand basis or under its self-owned brands. The company also sells its branded products through online sales channels under three brands, TrueImage, CoolToner, and AZtech.

Planet Image International (Planet Image International) Headlines

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