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Clinitech Laboratory (BOM:544220) Change In Inventory : ₹-1.48 Mil (TTM As of Sep. 2024)


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What is Clinitech Laboratory Change In Inventory?

Clinitech Laboratory's change in inventory for the quarter that ended in Sep. 2024 was ₹-0.65 Mil. It means Clinitech Laboratory's inventory increased by ₹0.65 Mil from Mar. 2024 to Sep. 2024 .

Clinitech Laboratory's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-1.43 Mil. It means Clinitech Laboratory's inventory increased by ₹1.43 Mil from Mar. 2023 to Mar. 2024 .

Clinitech Laboratory's Total Inventories for the quarter that ended in Sep. 2024 was ₹3.49 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Clinitech Laboratory's Days Inventory for the quarter that ended in Sep. 2024 was 61.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clinitech Laboratory's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.96.

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. Clinitech Laboratory's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.08.


Clinitech Laboratory Change In Inventory Historical Data

The historical data trend for Clinitech Laboratory'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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Clinitech Laboratory Change In Inventory Chart

Clinitech Laboratory Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Change In Inventory
0.80 -0.67 0.15 -1.43

Clinitech Laboratory Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Change In Inventory Get a 7-Day Free Trial - - -0.59 -0.83 -0.65

Clinitech Laboratory 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-1.48 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.


Clinitech Laboratory  (BOM:544220) Change In Inventory Explanation

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

Clinitech Laboratory's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.164/9.365*365 / 2
=61.66

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

Clinitech Laboratory's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

Clinitech Laboratory's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

* 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.


Clinitech Laboratory Change In Inventory Related Terms

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Clinitech Laboratory Business Description

Traded in Other Exchanges
N/A
Address
AL-1/545 and 546, Sector 16, Opposite Radhikabai Meghe Vidyalaya, Airoli, Navi Mumbai, MH, IND, 400708
Clinitech Laboratory Ltd is e a provider of diagnostic and healthcare tests and services through chain of 8 diagnostic centers in and around Thane and Navi Mumbai. It conduct more than 150 tests such as Biochemistry tests, Immunology tests, Hematology tests, Molecular Biology tests, Serology tests, Microbiology tests, etc.

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