Securetech Innovations (SCTH) Inventory Average (2021 - 2023)
Securetech Innovations' (SCTH) quarterly Inventory Average came in at $20602.5 in Q4 2023, down 38.98% on a YoY basis from $33762.0 in Q4 2022, and down 38.98% quarter-over-quarter from $33762.0 in Q4 2022.
Analysis
Securetech Innovations (SCTH) Inventory Average (2021 - 2023) Analysis & Trends
Securetech Innovations (SCTH) has reported Inventory Average for 3 consecutive years, with $20602.5 the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Inventory Average fell 38.98% year-over-year to $20602.5; the trailing twelve-month figure through Dec 2023 stood at $20602.5 (down 38.98% YoY), and the FY2023 full-year result was $20602.5, down 38.98% from the prior year.
- Inventory Average slipped to $20602.5 in Q4 2023 per SCTH's latest filing, from $33762.0 in the prior quarter.
- Across five years, Inventory Average topped out at $46196.0 in Q2 2021 and bottomed at $20602.5 in Q4 2023.
- Historically, Inventory Average has averaged $35561.9 across 3 years, with a median of $37724.5 in 2021.
- The sharpest annual moves came in 2022 and 2023: Inventory Average decreased 19.01% in 2022, then slumped 38.98% in 2023.
- Over 3 years, Inventory Average stood at $41687.0 in 2021, then decreased by 19.01% to $33762.0 in 2022, then plunged by 38.98% to $20602.5 in 2023.
- According to Business Quant data, Inventory Average over the past three periods registered $20602.5, $33762.0, and $41687.0 for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Richtech Robotics | 364.52 Mn | 364.52 Mn | 802,000.00 | 2.59 Mn |
| 2 | Securetech Innovations | 358.93 Mn | 358.93 Mn | - | - |
| 3 | Serve Robotics | 354.17 Mn | 354.17 Mn | -8.78 Mn | - |
| 4 | Palladyne AI | 258.91 Mn | 215.16 Mn | 1.68 Mn | 964,500.00 |
| 5 | VenHub Global | 72.49 Mn | 69.92 Mn | -212,630.00 | 2.44 Mn |
| 6 | NightFood Holdings | 8.03 Mn | 8.03 Mn | 1.98 Mn | 411,441.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 20,602.50 |
| Dec 31, 2022 | 33,762.00 |
| Dec 31, 2021 | 41,687.00 |
| Jun 30, 2021 | 46,196.00 |