Genetic Technologies (ASX:GTG) Change In Inventory: A$0.00 Mil (TTM As of Jun. 2024)

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What is Genetic Technologies Change In Inventory?

Genetic Technologies ASX:GTG Change In Inventory is A$0.00 Mil as of Jun. 2024.

Genetic Technologies's change in inventory for the quarter that ended in Jun. 2024 was A$0.00 Mil. It means Genetic Technologies's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Genetic Technologies's change in inventory for the fiscal year that ended in Jun. 2024 was A$0.00 Mil. It means Genetic Technologies's inventory stayed the same from Jun. 2023 to Jun. 2024 .

Genetic Technologies's Total Inventories for the quarter that ended in Jun. 2024 was A$0.21 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Genetic Technologies's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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.

Genetic Technologies (ASX:GTG) Change In Inventory Explanation

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

Genetic Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.103	/	0	*	365 / 4
	=	N/A

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

Genetic Technologies's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.103
	=	0.00

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.

Genetic Technologies's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.103	/	0
	=	N/A

* 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.

Genetic Technologies Change In Inventory Related Terms

Genetic Technologies Change In Inventory Historical Data

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The historical data trend for Genetic Technologies's Change In Inventory can be seen below:

Genetic Technologies Change In Inventory Chart

Genetic Technologies Annual Data

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Change In Inventory

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Genetic Technologies Quarterly Data
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Change In Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Genetic Technologies 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of A$0.00 Mil mean?

Genetic Technologies (ASX:GTG) has a Change In Inventory of A$0.00 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Genetic Technologies and its competitors.

Is Genetic Technologies' Change In Inventory too high?

Genetic Technologies' current Change In Inventory is A$0.00 Mil.

How does Genetic Technologies' Change In Inventory compare to LDDD and NOTV?

Genetic Technologies' Change In Inventory of A$0.00 Mil can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?

A good Change In Inventory depends on the Medical Diagnostics & Research 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 Genetic Technologies and its competitors. Genetic Technologies's current Change In Inventory is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Genetic Technologies stock overvalued right now?

Genetic Technologies (ASX:GTG) has a current Change In Inventory of A$0.00 Mil. The current Change In Inventory is A$0.00 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 Genetic Technologies (ASX:GTG), the current Change In Inventory is A$0.00 Mil as of Jun. 2024. 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.

Genetic Technologies Business Description

Industry Healthcare Medical Diagnostics & Research

Comparable Companies LDDD NOTV ATLN BDSX FONR MDXH OCX BNR PRE ME TMO DHR XSWX:LONN A IDXX IQV SHSE:603259 MTD WAT NTRA

Address 60-66 Hanover Street, Fitzroy, Melbourne, VIC, AUS, 3065

Website https://www.gtglabs.com

Genetic Technologies Ltd is an Australia-based molecular diagnostics company that offers predictive testing and assessment tools to help physicians proactively manage women's health. The company has developed BREVAGenplus which is a clinically validated risk assessment test for non-hereditary breast cancer. It also provides genetic testing services including medical testing, animal testing, forensic testing, and plant testing. The company markets BREVAGenplus to healthcare professionals in breast healthcare and imaging centers, as well as to obstetricians/ gynecologists (OBGYNs) and breast cancer risk assessment specialists. The majority of the company's revenue is generated from Australia and the United States. The group has two operating segments: EasyDNA and GeneType/Corporate.