Radient Technologies (Radient Technologies) Change In Inventory : $-1.40 Mil (TTM As of Dec. 2022)

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What is Radient Technologies Change In Inventory?

Radient Technologies's change in inventory for the quarter that ended in Dec. 2022 was $-0.77 Mil. It means Radient Technologies's inventory increased by $0.77 Mil from Sep. 2022 to Dec. 2022 .

Radient Technologies's change in inventory for the fiscal year that ended in Mar. 2022 was $-0.45 Mil. It means Radient Technologies's inventory increased by $0.45 Mil from Mar. 2021 to Mar. 2022 .

Radient Technologies's Total Inventories for the quarter that ended in Dec. 2022 was $2.17 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Radient Technologies's Days Inventory for the quarter that ended in Dec. 2022 was 311.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Radient Technologies's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.29.

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. Radient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 2.52.

Radient Technologies Change In Inventory Historical Data

The historical data trend for Radient 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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Radient Technologies Change In Inventory Chart

Radient Technologies Annual Data

Trend

Dec13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Change In Inventory

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-0.28

-10.17

0.05

-0.45

Radient Technologies Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Change In Inventory	Get a 7-Day Free Trial															0.08	-0.57	-0.17	0.11	-0.77

Radient 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.40 Mil.

Radient Technologies (OTCPK:RDDTF) Change In Inventory Explanation

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

Radient 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
	=	1.904	/	0.557	*	365 / 4
	=	311.92

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

Radient Technologies's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.557	/	1.904
	=	0.29

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.

Radient Technologies's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.904	/	0.757
	=	2.52

Radient Technologies Change In Inventory Related Terms

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Radient Technologies (Radient Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Radient Technologies Inc (OTCPK:RDDTF) » Definitions » Change In Inventory

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Address

4035 101 St. NW, Edmonton, AB, CAN, T6E 0A4

Website

https://www.radientinc.com

Radient Technologies Inc is a Canadian company engaged in manufacturing cannabis derivatives, formulations, and products. It has developed its extraction process, Microwave Assisted Processing (MAP), which is used for producing a consistent product at industrial-scale quantities. It provides its customers and partners with white-label extracts, formulations, and finished products that contain a broad spectrum of cannabinoid and terpene profiles. While it operates in Canada and is building an additional facility in Germany. It operates in a single segment namely the production and sale of cannabis-related retail products.