Probiotix Health (AQSE:PBX) Change In Inventory : £-0.07 Mil (TTM As of Jun. 2023)

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What is Probiotix Health Change In Inventory?

Probiotix Health's change in inventory for the quarter that ended in Jun. 2023 was £-0.03 Mil. It means Probiotix Health's inventory increased by £0.03 Mil from Dec. 2022 to Jun. 2023 .

Probiotix Health's change in inventory for the fiscal year that ended in Dec. 2022 was £-0.04 Mil. It means Probiotix Health's inventory increased by £0.04 Mil from Dec. 2020 to Dec. 2022 .

Probiotix Health's Total Inventories for the quarter that ended in Jun. 2023 was £0.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Probiotix Health's Days Inventory for the quarter that ended in Jun. 2023 was 38.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Probiotix Health's Inventory Turnover for the quarter that ended in Jun. 2023 was 4.80.

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. Probiotix Health's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.11.

Probiotix Health Change In Inventory Historical Data

The historical data trend for Probiotix 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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Probiotix Health Change In Inventory Chart

Probiotix Health Annual Data

Trend

Dec18

Dec19

Dec20

Dec22

Change In Inventory

-0.04

Probiotix Health Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial			-	-0.02	-0.01	-0.04	-0.03

Probiotix 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.07 Mil.

Probiotix Health (AQSE:PBX) Change In Inventory Explanation

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

Probiotix 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
	=	0.06	/	0.288	*	365 / 2
	=	38.02

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

Probiotix Health's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.288	/	0.06
	=	4.80

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.

Probiotix Health's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.06	/	0.552
	=	0.11

Probiotix Health Change In Inventory Related Terms

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Probiotix Health (AQSE:PBX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Probiotix Health PLC (AQSE:PBX) » Definitions » Change In Inventory

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Traded in Other Exchanges

X90:Germany

Address

Nostell Business Estate, First Floor Zucchi Suite, Wakefield, GBR, WF4 1AB

Website

https://www.probiotixhealth-ir.com

Probiotix Health PLC develops probiotics to tackle cardiovascular disease and other lifestyle conditions which are affecting growing numbers of people across the world. The Company has one class of business, in three geographical areas being that of identifying and developing microbial strains, compounds and formulations for use in the nutraceutical industry.

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