Alternate Health (Alternate Health) Change In Inventory : $-0.99 Mil (TTM As of Sep. 2019)

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What is Alternate Health Change In Inventory?

Alternate Health's change in inventory for the quarter that ended in Sep. 2019 was $-0.79 Mil. It means Alternate Health's inventory increased by $0.79 Mil from Jun. 2019 to Sep. 2019 .

Alternate Health's change in inventory for the fiscal year that ended in Dec. 2018 was $0.35 Mil. It means Alternate Health's inventory declined by $0.35 Mil from Dec. 2017 to Dec. 2018 .

Alternate Health's Total Inventories for the quarter that ended in Sep. 2019 was $1.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alternate Health's Days Inventory for the quarter that ended in Sep. 2019 was 136.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alternate Health's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.67.

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. Alternate Health's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.42.

Alternate Health Change In Inventory Historical Data

The historical data trend for Alternate Health'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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Alternate Health Change In Inventory Chart

Alternate Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Inventory

-0.39

0.35

Alternate Health Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Change In Inventory	Get a 7-Day Free Trial														0.24	0.01	0.01	-0.23	-0.79

Alternate Health 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.99 Mil.

Alternate Health (OTCPK:AHGIF) Change In Inventory Explanation

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

Alternate Health's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.9745	/	0.652	*	365 / 4
	=	136.39

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

Alternate Health's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.652	/	0.9745
	=	0.67

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.

Alternate Health's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.9745	/	2.345
	=	0.42

Alternate Health Change In Inventory Related Terms

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Alternate Health (Alternate Health) Business Description

Industry

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Traded in Other Exchanges

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Address

7373 Broadway Street, Suite 307, San Antonio, TX, USA, 78209

Website

https://www.alternatehealth.ca

Alternate Health Corp is a healthcare company. It uses expertise in technology and data analytics to revolutionize patient care and research in the emerging medical cannabis industry. It offers practice management and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry.