Predictive Oncology (FRA:S1K) Change In Inventory : €-0.06 Mil (TTM As of Mar. 2024)

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What is Predictive Oncology Change In Inventory?

Predictive Oncology's change in inventory for the quarter that ended in Mar. 2024 was €0.05 Mil. It means Predictive Oncology's inventory declined by €0.05 Mil from Dec. 2023 to Mar. 2024 .

Predictive Oncology's change in inventory for the fiscal year that ended in Dec. 2023 was €-0.06 Mil. It means Predictive Oncology's inventory increased by €0.06 Mil from Dec. 2022 to Dec. 2023 .

Predictive Oncology's Total Inventories for the quarter that ended in Mar. 2024 was €0.41 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Predictive Oncology's Days Inventory for the quarter that ended in Mar. 2024 was 226.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Predictive Oncology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.

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. Predictive Oncology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.11.

Predictive Oncology Change In Inventory Historical Data

The historical data trend for Predictive Oncology'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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Predictive Oncology Change In Inventory Chart

Predictive Oncology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.08

-0.08

-0.09

-0.04

-0.06

Predictive Oncology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.05	-0.01	-0.04	-0.05	0.05

Predictive Oncology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.06 Mil.

Predictive Oncology (FRA:S1K) Change In Inventory Explanation

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

Predictive Oncology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.43	/	0.173	*	365 / 4
	=	226.81

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

Predictive Oncology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.173	/	0.43
	=	0.40

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.

Predictive Oncology's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.43	/	0.386
	=	1.11

Predictive Oncology Change In Inventory Related Terms

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Predictive Oncology (FRA:S1K) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Predictive Oncology Inc (FRA:S1K) » Definitions » Change In Inventory

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POAI:USA

Address

2915 Commers Drive, Suite 900, Eagan, MN, USA, 55121

Website

https://www.predictive-oncology.com

Predictive Oncology Inc functions in the healthcare domain. The firm's reportable segments are Helomics, zPREDICTA, Soluble and Skyline. It derives prime revenue from the Skyline segment which consists of the STREAMWAY System product sales, and TumorGenesis subsidiary (Research and Development) is included within corporate. The STREAMWAY System virtually eliminates staff exposure to blood, irrigation fluid, and other potentially infectious fluids found in the healthcare environment. Its Helomics division is focused on improving the effectiveness of cancer therapy using proprietary, multi-omic tumor profiling platform, a one-of-a-kind database of historical tumor data, and the power of AI to build predictive models of tumor drug response.

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