Neptune Wellness Solutions (TSX:NEPT) Change In Inventory : C$4.82 Mil (TTM As of Dec. 2023)

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What is Neptune Wellness Solutions Change In Inventory?

Neptune Wellness Solutions's change in inventory for the quarter that ended in Dec. 2023 was C$3.12 Mil. It means Neptune Wellness Solutions's inventory declined by C$3.12 Mil from Sep. 2023 to Dec. 2023 .

Neptune Wellness Solutions's change in inventory for the fiscal year that ended in Mar. 2023 was C$-2.76 Mil. It means Neptune Wellness Solutions's inventory increased by C$2.76 Mil from Mar. 2022 to Mar. 2023 .

Neptune Wellness Solutions's Total Inventories for the quarter that ended in Dec. 2023 was C$12.90 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neptune Wellness Solutions's Days Inventory for the quarter that ended in Dec. 2023 was 151.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neptune Wellness Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.60.

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. Neptune Wellness Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.43.

Neptune Wellness Solutions Change In Inventory Historical Data

The historical data trend for Neptune Wellness Solutions'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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Neptune Wellness Solutions Change In Inventory Chart

Neptune Wellness Solutions Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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0.22

-4.66

-22.16

-3.39

-2.76

Neptune Wellness Solutions 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															-0.97	0.72	-1.17	2.15	3.12

Neptune Wellness Solutions 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 C$4.82 Mil.

Neptune Wellness Solutions (TSX:NEPT) Change In Inventory Explanation

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

Neptune Wellness Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14.6105	/	8.807	*	365 / 4
	=	151.38

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

Neptune Wellness Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.807	/	14.6105
	=	0.60

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.

Neptune Wellness Solutions's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.6105	/	10.196
	=	1.43

Neptune Wellness Solutions Change In Inventory Related Terms

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Neptune Wellness Solutions (TSX:NEPT) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Neptune Wellness Solutions Inc (TSX:NEPT) » Definitions » Change In Inventory

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NEPT:USA NTU:Germany

Address

545 Promenade du Centropolis, Suite 100, Laval, QC, CAN, H7T 0A3

Website

https://www.neptunecorp.com

Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. It focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 27,000 retail locations and include well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels.

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