AHGIF (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 AHGIF -99.00% Change In Inventory is $-0.99 Mil as of Sep. 2019.

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  (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

* 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.

Alternate Health Change In Inventory Related Terms

Alternate Health Change In Inventory Historical Data

* Premium members only.

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.

Alternate Health Change In Inventory Chart

Alternate Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Change In Inventory
0.00 0.00 0.00 -0.39 0.35

Alternate Health Quarterly Data
Dec14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.99 Mil mean?
Alternate Health (AHGIF) has a Change In Inventory of $-0.99 Mil as of Sep. 2019. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Alternate Health and its competitors.
Is Alternate Health's Change In Inventory too high?
Alternate Health's current Change In Inventory is $-0.99 Mil.
How does Alternate Health's Change In Inventory compare to VEEV and CERN?
Alternate Health's Change In Inventory of $-0.99 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Healthcare Providers & Services company?
A good Change In Inventory depends on the Healthcare Providers & Services industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Alternate Health and its competitors. Alternate Health's current Change In Inventory is $-0.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternate Health stock overvalued right now?
Alternate Health (AHGIF) has a current Change In Inventory of $-0.99 Mil. The current Change In Inventory is $-0.99 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Alternate Health (AHGIF), the current Change In Inventory is $-0.99 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alternate Health Business Description

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