Rockwell Medical's change in inventory for the quarter that ended in Dec. 2023 was $-0.39 Mil. It means Rockwell Medical's inventory
increased by $0.39 Mil
from Sep. 2023 to Dec. 2023 .
Rockwell Medical's change in inventory for the fiscal year that ended in Dec. 2023 was $1.18 Mil. It means Rockwell Medical's inventory
declined by $1.18 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Rockwell Medical's Days Inventory for the quarter that ended in Dec. 2023 was 26.96.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Rockwell Medical's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.39.
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.
Rockwell Medical's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.
Rockwell Medical Change In Inventory Historical Data
The historical data trend for Rockwell Medical'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.
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 quarterly data reported by the company within the most recent 12 months, which was $1.18 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.
Rockwell Medical (NAS:RMTI) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Rockwell Medical's Days Inventory for the quarter that ended in 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.
Rockwell Medical's Inventory to Revenue for the quarter that ended in Dec. 2023 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.
Rockwell Medical Change In Inventory Related Terms
Thank you for viewing the detailed overview of Rockwell Medical's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Rockwell Medical (Rockwell Medical) Business Description
Rockwell Medical Inc is a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products for dialysis providers. Rockwell Medical's mission is to provide dialysis clinics and patients with the highest quality products supported by the best customer service in the industry. It is focused on innovative, long-term growth strategies that enhance products, processes, and people, enabling the company to deliver exceptional value to the healthcare system and provide a positive impact on the lives of hemodialysis patients.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RMTI has been successfully added to your 