AUSAF (Australis Capital) Change In Inventory: $-0.44 Mil (TTM As of Dec. 2021)

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What is Australis Capital Change In Inventory?

Australis Capital AUSAF Change In Inventory is $-0.44 Mil as of Dec. 2021.

Australis Capital's change in inventory for the quarter that ended in Dec. 2021 was $-0.50 Mil. It means Australis Capital's inventory increased by $0.50 Mil from Sep. 2021 to Dec. 2021 .

Australis Capital's change in inventory for the fiscal year that ended in Mar. 2021 was $-0.59 Mil. It means Australis Capital's inventory increased by $0.59 Mil from Mar. 2020 to Mar. 2021 .

Australis Capital's Total Inventories for the quarter that ended in Dec. 2021 was $0.52 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Australis Capital's Days Inventory for the quarter that ended in Dec. 2021 was 58.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Australis Capital's Inventory Turnover for the quarter that ended in Dec. 2021 was 1.56.

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. Australis Capital's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.14.

Australis Capital  (OTCPK:AUSAF) Change In Inventory Explanation

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

Australis Capital's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.264/0.412*365 / 4
=58.47

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

Australis Capital's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.412 / 0.264
=1.56

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.

Australis Capital's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.264 / 1.852
=0.14

* 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.

Australis Capital Change In Inventory Related Terms

Australis Capital Change In Inventory Historical Data

* Premium members only.

The historical data trend for Australis Capital'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.

Australis Capital Change In Inventory Chart

Australis Capital Annual Data
Trend Mar18 Mar19 Mar20 Mar21
Change In Inventory
0.00 0.00 0.00 -0.59

Australis Capital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -0.47 0.03 0.01 0.03 -0.50

Australis Capital 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.44 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 $-0.44 Mil mean?
Australis Capital (AUSAF) has a Change In Inventory of $-0.44 Mil as of Dec. 2021. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Australis Capital and its competitors.
Is Australis Capital's Change In Inventory too high?
Australis Capital's current Change In Inventory is $-0.44 Mil.
How does Australis Capital's Change In Inventory compare to ZTS and CTLT?
Australis Capital's Change In Inventory of $-0.44 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Change In Inventory depends on the Drug Manufacturers 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 Australis Capital and its competitors. Australis Capital's current Change In Inventory is $-0.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australis Capital stock overvalued right now?
Australis Capital (AUSAF) has a current Change In Inventory of $-0.44 Mil. The current Change In Inventory is $-0.44 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 Australis Capital (AUSAF), the current Change In Inventory is $-0.44 Mil as of Dec. 2021. 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.

Australis Capital Business Description

Address 376 E. Warm Springs Road, Suite 190, Las Vegas, NV, USA, 89119
Australis Capital Inc operates as a multi-state operator in the cannabis industry in the US. The company is focused on brands and attractive cannabis licenses in states with favorable economics. AUSA is building an MSO based on a unique and very difficult to imitate strategy. Secure access to low-cost but high-quality biomass enables the company to fuel the expansion of its footprint across the US. The company has a rapidly growing footprint in the U.S. in states, such as California, Nevada, Massachusetts, Missouri, Oklahoma, as well as international operations through its subsidiary ALPS, with projects in Europe, Asia and North America.