Aqua Bounty Technologies (LSE:ABTX) Change In Inventory : £0.44 Mil (TTM As of Dec. 2023)

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What is Aqua Bounty Technologies Change In Inventory?

Aqua Bounty Technologies's change in inventory for the quarter that ended in Dec. 2023 was £0.17 Mil. It means Aqua Bounty Technologies's inventory declined by £0.17 Mil from Sep. 2023 to Dec. 2023 .

Aqua Bounty Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was £0.43 Mil. It means Aqua Bounty Technologies's inventory declined by £0.43 Mil from Dec. 2022 to Dec. 2023 .

Aqua Bounty Technologies's Total Inventories for the quarter that ended in Dec. 2023 was £1.37 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aqua Bounty Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 44.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aqua Bounty Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.06.

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. Aqua Bounty Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.36.

Aqua Bounty Technologies Change In Inventory Historical Data

The historical data trend for Aqua Bounty Technologies'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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Aqua Bounty Technologies Change In Inventory Chart

Aqua Bounty Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.88

-0.21

0.20

-0.84

0.43

Aqua Bounty Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.14	-0.08	0.02	0.33	0.17

Aqua Bounty Technologies 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 £0.44 Mil.

Aqua Bounty Technologies (LSE:ABTX) Change In Inventory Explanation

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

Aqua Bounty Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.4695	/	3.03	*	365 / 4
	=	44.25

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

Aqua Bounty Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.03	/	1.4695
	=	2.06

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.

Aqua Bounty Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.4695	/	0.437
	=	3.36

Aqua Bounty Technologies Change In Inventory Related Terms

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Aqua Bounty Technologies (LSE:ABTX) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Aqua Bounty Technologies Inc (LSE:ABTX) » Definitions » Change In Inventory

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AQB:USA

Address

2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754

Website

https://www.aquabounty.com

AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.