Lexagene Holdings (Lexagene Holdings) Change In Inventory : $-0.05 Mil (TTM As of Nov. 2022)

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What is Lexagene Holdings Change In Inventory?

Lexagene Holdings's change in inventory for the quarter that ended in Nov. 2022 was $0.05 Mil. It means Lexagene Holdings's inventory declined by $0.05 Mil from Aug. 2022 to Nov. 2022 .

Lexagene Holdings's change in inventory for the fiscal year that ended in Feb. 2022 was $-0.33 Mil. It means Lexagene Holdings's inventory increased by $0.33 Mil from Feb. 2021 to Feb. 2022 .

Lexagene Holdings's Total Inventories for the quarter that ended in Nov. 2022 was $1.45 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lexagene Holdings's Days Inventory for the quarter that ended in Nov. 2022 was 705.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lexagene Holdings's Inventory Turnover for the quarter that ended in Nov. 2022 was 0.13.

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. Lexagene Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2022 was 34.15.

Lexagene Holdings Change In Inventory Historical Data

The historical data trend for Lexagene Holdings'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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Lexagene Holdings Change In Inventory Chart

Lexagene Holdings Annual Data

Trend

Mar13

Mar14

Mar15

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Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Change In Inventory

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-1.07

-0.33

Lexagene Holdings Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22
Change In Inventory	Get a 7-Day Free Trial															0.23	-	-0.03	-0.07	0.05

Lexagene Holdings 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 Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Lexagene Holdings (OTCPK:LXXGQ) Change In Inventory Explanation

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

Lexagene Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.4685	/	0.19	*	365 / 4
	=	705.27

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

Lexagene Holdings's Inventory Turnover for the quarter that ended in Nov. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.19	/	1.4685
	=	0.13

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.

Lexagene Holdings's Inventory to Revenue for the quarter that ended in Nov. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.4685	/	0.043
	=	34.15

Lexagene Holdings Change In Inventory Related Terms

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Lexagene Holdings (Lexagene Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lexagene Holdings Inc (OTCPK:LXXGQ) » Definitions » Change In Inventory

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Address

500 Cummings Center, Suite 4550, Beverly, MA, USA, 01915

Website

https://www.lexagene.com

Lexagene Holdings Inc is a molecular diagnostics company that develops molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, and for use in open-access markets such as food and water safety, clinical research, agricultural testing and biodefense. The MiQLab system delivers sensitivity, specificity, and breadth of detection and can return results in approximately two hours. The unique open-access feature is designed for custom testing so that end-users can load their own real-time PCR assays onto the instrument to target any genetic target of interest.