Crescita Therapeutics (Crescita Therapeutics) Change In Inventory : $-0.68 Mil (TTM As of Dec. 2023)

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What is Crescita Therapeutics Change In Inventory?

Crescita Therapeutics's change in inventory for the quarter that ended in Dec. 2023 was $-0.29 Mil. It means Crescita Therapeutics's inventory increased by $0.29 Mil from Sep. 2023 to Dec. 2023 .

Crescita Therapeutics's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.68 Mil. It means Crescita Therapeutics's inventory increased by $0.68 Mil from Dec. 2022 to Dec. 2023 .

Crescita Therapeutics's Total Inventories for the quarter that ended in Dec. 2023 was $4.57 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crescita Therapeutics's Days Inventory for the quarter that ended in Dec. 2023 was 327.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crescita Therapeutics's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.28.

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. Crescita Therapeutics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.27.

Crescita Therapeutics Change In Inventory Historical Data

The historical data trend for Crescita Therapeutics'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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Crescita Therapeutics Change In Inventory Chart

Crescita Therapeutics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.02

-0.03

-1.07

-1.31

-0.68

Crescita Therapeutics 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															-0.62	0.11	-	-0.50	-0.29

Crescita Therapeutics 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 $-0.68 Mil.

Crescita Therapeutics (OTCPK:CRRTF) Change In Inventory Explanation

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

Crescita Therapeutics's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.4585	/	1.241	*	365 / 4
	=	327.83

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.241	/	4.4585
	=	0.28

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.4585	/	3.522
	=	1.27

Crescita Therapeutics Change In Inventory Related Terms

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Crescita Therapeutics (Crescita Therapeutics) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Crescita Therapeutics Inc (OTCPK:CRRTF) » Definitions » Change In Inventory

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CTX:Canada

Address

2805, Place Louis-R-Renaud, Laval, QC, CAN, H7V 0A3

Website

https://www.crescitatherapeutics.com

Crescita Therapeutics Inc is a Canadian commercial dermatology company with in-house research & development and manufacturing capabilities. The company offers a portfolio of non-prescription skincare products and early to commercial-stage prescription drug products and owns multiple proprietary drug delivery platforms that support the development of patented formulations that can facilitate the delivery of active ingredients into or through the skin. The company has three reportable segments: Commercial Skincare, Licensing and Royalties, and Manufacturing and Services. The firm generates its revenue in the form of product sales and out-licensing revenue.