NeutriSci International (FRA:1N9) Change In Inventory: €0.03 Mil (TTM As of Sep. 2023)

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What is NeutriSci International Change In Inventory?

NeutriSci International FRA:1N9 Change In Inventory is €0.03 Mil as of Sep. 2023.

NeutriSci International's change in inventory for the quarter that ended in Sep. 2023 was €0.00 Mil. It means NeutriSci International's inventory declined by €0.00 Mil from Jun. 2023 to Sep. 2023 .

NeutriSci International's change in inventory for the fiscal year that ended in Dec. 2022 was €0.29 Mil. It means NeutriSci International's inventory declined by €0.29 Mil from Dec. 2021 to Dec. 2022 .

NeutriSci International's Total Inventories for the quarter that ended in Sep. 2023 was €0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NeutriSci International's Days Inventory for the quarter that ended in Sep. 2023 was 866.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. NeutriSci International's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.11.

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. NeutriSci International's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 4.75.

NeutriSci International  (FRA:1N9) Change In Inventory Explanation

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

NeutriSci International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.0095/0.001*365 / 4
=866.88

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

NeutriSci International's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.001 / 0.0095
=0.11

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.

NeutriSci International's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0095 / 0.002
=4.75

* 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.

NeutriSci International Change In Inventory Related Terms

NeutriSci International Change In Inventory Historical Data

* Premium members only.

The historical data trend for NeutriSci International'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.

NeutriSci International Change In Inventory Chart

NeutriSci International Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.16 0.05 -0.23 0.29

NeutriSci International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only 0.00 0.03 0.00 0.00 0.00

NeutriSci International 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.03 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 €0.03 Mil mean?
NeutriSci International (FRA:1N9) has a Change In Inventory of €0.03 Mil as of Sep. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for NeutriSci International and its competitors.
Is NeutriSci International's Change In Inventory too high?
NeutriSci International's current Change In Inventory is €0.03 Mil.
How does NeutriSci International's Change In Inventory compare to ZTS and NBIX?
NeutriSci International's Change In Inventory of €0.03 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 NeutriSci International and its competitors. NeutriSci International's current Change In Inventory is €0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeutriSci International stock overvalued right now?
NeutriSci International (FRA:1N9) has a current Change In Inventory of €0.03 Mil. The current Change In Inventory is €0.03 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 NeutriSci International (FRA:1N9), the current Change In Inventory is €0.03 Mil as of Sep. 2023. 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.

NeutriSci International Business Description

Address 609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
NeutriSci International Inc specializes in the production and formulation of nutraceutical products within the B2B industry. By incorporating natural ingredients, it implements industry disrupting patent pending Cryolization Technology to provide B2B partners with the ability to create unparalleled products. Using patent pending proprietary ingredients, technologies, and IP, it can help bring to market effective, solution-oriented products that meet the needs of consumers. The company continues to develop emerging sales channels in the USA, European, Asian & South American markets.