Phunware (PHUN) Change in Inventory (2021 - 2023)

Phunware (PHUN) has reported Change in Inventory for 3 consecutive years, with -$1.1 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Change in Inventory fell 554.04% year-over-year to -$1.1 million; the trailing twelve-month figure through Sep 2023 stood at -$1.8 million (down 206.49% YoY), and the FY2022 full-year result was $412000.0, down 56.59% from the prior year.
• Change in Inventory slipped to -$1.1 million in Q3 2023 per PHUN's latest filing, from -$176000.0 in the prior quarter.
• Across five years, Change in Inventory topped out at $2.1 million in Q1 2022 and bottomed at -$1.2 million in Q2 2022.
• Historically, Change in Inventory has averaged -$13625.0 across 3 years, with a median of -$208500.0 in 2023.
• The widest YoY moves for Change in Inventory: up 84.97% in 2023, down 554.04% in 2023.
• Over 3 years, Change in Inventory stood at $949000.0 in 2021, then sank by 133.61% to -$319000.0 in 2022, then plunged by 230.09% to -$1.1 million in 2023.
• According to Business Quant data, Change in Inventory over the past three periods registered -$1.1 million, -$176000.0, and -$241000.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.