Universal Biosensors (ASX:UBI) Change In Inventory : A$-1.21 Mil (TTM As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Universal Biosensors Change In Inventory?

Universal Biosensors's change in inventory for the quarter that ended in Dec. 2024 was A$-0.08 Mil. It means Universal Biosensors's inventory increased by A$0.08 Mil from Sep. 2024 to Dec. 2024 .

Universal Biosensors's change in inventory for the fiscal year that ended in Dec. 2024 was A$-1.21 Mil. It means Universal Biosensors's inventory increased by A$1.21 Mil from Dec. 2023 to Dec. 2024 .

Universal Biosensors's Total Inventories for the quarter that ended in Dec. 2024 was A$5.59 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Biosensors's Days Inventory for the quarter that ended in Dec. 2024 was 3,465.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal Biosensors's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.03.

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. Universal Biosensors's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.20.

Universal Biosensors Change In Inventory Historical Data

The historical data trend for Universal Biosensors'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.

* Premium members only.

Universal Biosensors Change In Inventory Chart

Universal Biosensors Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

Get a 7-Day Free Trial

-0.80

-0.26

-1.00

-1.24

-1.21

Universal Biosensors Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-0.64	-1.01	-0.07	-0.05	-0.08

Universal Biosensors 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-1.21 Mil.

Universal Biosensors (ASX:UBI) Change In Inventory Explanation

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

Universal Biosensors's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.5455	/	0.146	*	365 / 4
	=	3,465.94

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

Universal Biosensors's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.146	/	5.5455
	=	0.03

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.

Universal Biosensors's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.5455	/	1.321
	=	4.20

Universal Biosensors Change In Inventory Related Terms

Thank you for viewing the detailed overview of Universal Biosensors's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Universal Biosensors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Universal Biosensors Inc (ASX:UBI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Corporate Avenue, Rowville, VIC, AUS, 3178

Website

https://www.universalbiosensors.com

Universal Biosensors Inc is biosensor company in electrochemical cell technology to develop a diverse range of biosensor test strips. The company's platform develops a diverse range of biosensor test strips used in conjunction with point-of-use devices that are used in various industries such as healthcare (point-of-care), wine, food and agriculture. It manufactures and distributes PT-INR coagulation test strips and devices, Xprecia, Stride and Xprecia Prime which are medical devices, Sentia non-medical wine testing products, and Petrackr which is a blood glucose test used in cats and dogs. It has one reportable segment: specialist biosensors company. Geographically, the company generates majority of its revenue from Australia and rest from Americas, Europe and other markets.

Universal Biosensors Headlines

No Headlines