GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Frequency Exchange Corp (TSXV:FREQ) » Definitions » Change In Inventory

Frequency Exchange (TSXV:FREQ) Change In Inventory : C$0.06 Mil (TTM As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Frequency Exchange Change In Inventory?

Frequency Exchange's change in inventory for the quarter that ended in Sep. 2023 was C$0.01 Mil. It means Frequency Exchange's inventory declined by C$0.01 Mil from Jun. 2023 to Sep. 2023 .

Frequency Exchange's change in inventory for the fiscal year that ended in Dec. 2022 was C$-0.09 Mil. It means Frequency Exchange's inventory increased by C$0.09 Mil from Oct. 2021 to Dec. 2022 .

Frequency Exchange's Total Inventories for the quarter that ended in Sep. 2023 was C$0.14 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Frequency Exchange's Days Inventory for the quarter that ended in Sep. 2023 was 294.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Frequency Exchange's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.31.

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. Frequency Exchange's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.91.


Frequency Exchange Change In Inventory Historical Data

The historical data trend for Frequency Exchange'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.

* Premium members only.

Frequency Exchange Change In Inventory Chart

Frequency Exchange Annual Data
Trend Oct20 Oct21 Dec22
Change In Inventory
- - -0.09

Frequency Exchange Quarterly Data
Oct20 Jan21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 0.03 0.01

Frequency Exchange 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.06 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.


Frequency Exchange  (TSXV:FREQ) Change In Inventory Explanation

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

Frequency Exchange's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.145/0.045*365 / 4
=294.03

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

Frequency Exchange's Inventory Turnover for the quarter that ended in Sep. 2023 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.

Frequency Exchange's Inventory to Revenue for the quarter that ended in Sep. 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.


Frequency Exchange Change In Inventory Related Terms

Thank you for viewing the detailed overview of Frequency Exchange's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Frequency Exchange (TSXV:FREQ) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 2050, PO Box 11121, Vancouver, BC, CAN, V6E 3P3
Frequency Exchange Corp is focused on the development and global commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement.
Executives
Stephen Davis 10% Security Holder, Director, Senior Officer

Frequency Exchange (TSXV:FREQ) Headlines

From GuruFocus