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Inseego (Inseego) Change In Inventory : $-1.1 Mil (TTM As of Mar. 2024)


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What is Inseego Change In Inventory?

Inseego's change in inventory for the quarter that ended in Mar. 2024 was $1.3 Mil. It means Inseego's inventory declined by $1.3 Mil from Dec. 2023 to Mar. 2024 .

Inseego's change in inventory for the fiscal year that ended in Dec. 2023 was $0.7 Mil. It means Inseego's inventory declined by $0.7 Mil from Dec. 2022 to Dec. 2023 .

Inseego's Total Inventories for the quarter that ended in Mar. 2024 was $20.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inseego's Days Inventory for the quarter that ended in Mar. 2024 was 72.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inseego's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.26.

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. Inseego's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.


Inseego Change In Inventory Historical Data

The historical data trend for Inseego'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.

Inseego Change In Inventory Chart

Inseego Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.08 -13.34 -12.49 -3.07 0.67

Inseego 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.10 3.08 1.51 -7.02 1.28

Inseego 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 $-1.1 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.


Inseego  (NAS:INSG) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=21.8385/27.617*365 / 4
=72.16

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

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

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.

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

* 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.


Inseego Change In Inventory Related Terms

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Inseego (Inseego) Business Description

Traded in Other Exchanges
Address
9710 Scranton Road, Suite 200, Suite 200, CA, USA, 92121
Inseego Corp is into the design and development of fixed and mobile wireless solutions (advanced 4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. The product portfolio consists of fixed and mobile device-to-cloud solutions that provide secure end-to-end IoT services with deep business intelligence. The Company's products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware.
Executives
Tavistock Financial, Llc 10 percent owner 9350 CONROY WINDERMERE ROAD, WINDERMERE FL 34786
Joseph Lewis 10 percent owner PO BOX N7776, LYFORD BAHAMAS
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Steven Gatoff officer: Chief Financial Officer C/O INSEEGO CORP, 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Dan Mondor officer: President and CEO 4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096
Ashish Sharma officer: President IoT & Mobile 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Christopher H. Lytle director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Robert G Barbieri officer: Chief Financial Officer 380 ST. PETER STREET, ST. PAUL MN 55102
Stephanie Lynne Bowers director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Doug Kahn officer: EVP of Operations 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Wei Ding officer: VP Accounting, Controller 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Craig L Foster officer: Chief Financial Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Braslyn Ltd. 10 percent owner CAY HOUSE, EP TAYLOR DRIVE N7776, LYFORD CAY, NEW PROVIDENCE C5 00000
Brian Miller director, 10 percent owner 115 EAST PUTNAM AVENUE, GREENWICH CT 06830
Stephen M Smith officer: Chief Financial Officer

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