Cyanotech's change in inventory for the quarter that ended in Dec. 2023 was $0.47 Mil. It means Cyanotech's inventory
declined by $0.47 Mil
from Sep. 2023 to Dec. 2023 .
Cyanotech's change in inventory for the fiscal year that ended in Mar. 2023 was $-1.23 Mil. It means Cyanotech's inventory
increased by $1.23 Mil
from Mar. 2022 to Mar. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cyanotech's Days Inventory for the quarter that ended in Dec. 2023 was 217.10.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cyanotech's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.42.
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.
Cyanotech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.68.
Cyanotech Change In Inventory Historical Data
The historical data trend for Cyanotech'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.
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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.46 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.
Cyanotech (OTCPK:CYAN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cyanotech's Days Inventory for the quarter that ended in 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.
Cyanotech's Inventory to Revenue for the quarter that ended in Dec. 2023 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.
Cyanotech Change In Inventory Related Terms
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Cyanotech Corp is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The company's products include BioAstin Hawaiian Astaxanthin and Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids. BioAstin Hawaiian Astaxanthin is a dietary antioxidant shown to support and maintain the body's natural inflammatory response, enhance skin, and support eye and joint health. It derives maximum revenue from the Packaged product and geographically from the United States.
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