Althea Group Holdings (Althea Group Holdings) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Althea Group Holdings Change In Inventory?

Althea Group Holdings's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Althea Group Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Althea Group Holdings's change in inventory for the fiscal year that ended in Jun. 2023 was $0.00 Mil. It means Althea Group Holdings's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Althea Group Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $4.23 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Althea Group Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 160.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Althea Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.14.

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. Althea Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.

Althea Group Holdings Change In Inventory Historical Data

The historical data trend for Althea Group Holdings'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.

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Althea Group Holdings Change In Inventory Chart

Althea Group Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Althea Group Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Althea Group Holdings 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 $0.00 Mil.

Althea Group Holdings (OTCPK:AHGHF) Change In Inventory Explanation

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

Althea Group Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.1975	/	4.765	*	365 / 2
	=	160.76

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

Althea Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.765	/	4.1975
	=	1.14

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.

Althea Group Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.1975	/	10.08
	=	0.42

Althea Group Holdings Change In Inventory Related Terms

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Althea Group Holdings (Althea Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Althea Group Holdings Ltd (OTCPK:AHGHF) » Definitions » Change In Inventory

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Traded in Other Exchanges

AGH:Australia

Address

360 Elizabeth Street, Suite 2, Level 50, Melbourne, VIC, AUS, 3000

Website

https://www.althea.life

Althea Group Holdings Ltd is engaged in the manufacturing, sales, and distribution of cannabis-based medicines and recreational cannabis products. It operates in three reportable segments Pharmaceutical Cannabis, Recreational Cannabis, and Corporate in which it generates the majority of its revenue from Pharmaceutical Cannabis. It operates into four geographic segments: Australia, the United Kingdom, Canada, and others. The company earns key revenue from Australia and through the sale of medicinal cannabis products.

Althea Group Holdings (Althea Group Holdings) Headlines

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