Inotiv's change in inventory for the quarter that ended in Dec. 2023 was $6.1 Mil. It means Inotiv's inventory
declined by $6.1 Mil
from Sep. 2023 to Dec. 2023 .
Inotiv's change in inventory for the fiscal year that ended in Sep. 2023 was $14.0 Mil. It means Inotiv's inventory
declined by $14.0 Mil
from Sep. 2022 to Sep. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inotiv's Days Inventory for the quarter that ended in Dec. 2023 was 47.73.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Inotiv's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.91.
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.
Inotiv's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.
Inotiv Change In Inventory Historical Data
The historical data trend for Inotiv'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.
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 $24.3 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.
Inotiv (NAS:NOTV) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inotiv's Days Inventory for the quarter that ended in 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.
Inotiv's Inventory to Revenue for the quarter that ended in Dec. 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.
Inotiv Change In Inventory Related Terms
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Inotiv Inc is a pharmaceutical development company specializing in nonclinical and analytical drug discovery and development services to the pharmaceutical, chemical, and medical device industries. It operates in two segments; Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). Through the DSA segment, it supports the discovery, nonclinical development, and clinical development needs of researchers and clinicians for small molecule drug candidates, as well as biotherapeutics and biomedical devices. Through the RMS segment, it offers access to a wide range of small and large research models for basic research and drug discovery and development, as well as specialized models for specific diseases and therapeutic areas. It earns maximum revenue from RMS Segment.
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