Avricore Health (Avricore Health) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Avricore Health Change In Inventory?

Avricore Health's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Avricore Health's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Avricore Health's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.02 Mil. It means Avricore Health's inventory increased by $0.02 Mil from Dec. 2022 to Dec. 2023 .

Avricore Health's Total Inventories for the quarter that ended in Dec. 2023 was $0.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avricore Health's Days Inventory for the quarter that ended in Dec. 2023 was 1.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avricore Health's Inventory Turnover for the quarter that ended in Dec. 2023 was 79.50.

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. Avricore Health's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Avricore Health Change In Inventory Historical Data

The historical data trend for Avricore Health'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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Avricore Health Change In Inventory Chart

Avricore Health Annual Data

Trend

Jun14

Jun15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.14

-0.02

Avricore Health Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Avricore Health 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 quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Avricore Health (OTCPK:AVCRF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.008	/	0.636	*	365 / 4
	=	1.15

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

Avricore Health's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.636	/	0.008
	=	79.50

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.

Avricore Health's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.008	/	1.009
	=	0.01

Avricore Health Change In Inventory Related Terms

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Avricore Health (Avricore Health) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Avricore Health Inc (OTCPK:AVCRF) » Definitions » Change In Inventory

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8VP1:Germany AVCR:Canada

Address

1120 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.avricorehealth.com

Avricore Health Inc is a Canada based company. The company is involved in the business of health data and point-of-care technologies. The Company has only one segment, being the HealthTab - Point of Care Business in Canada. The Company's revenues are generated from operating leases of the POCT system and sale of testing panels.