MCIC (MultiCorp International) Change In Inventory: $0.00 Mil (TTM As of Sep. 2023)

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What is MultiCorp International Change In Inventory?

MultiCorp International MCIC Change In Inventory is $0.00 Mil as of Sep. 2023.

MultiCorp International's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means MultiCorp International's inventory stayed the same from Sep. 2022 to Sep. 2023 .

MultiCorp International's change in inventory for the fiscal year that ended in . 20 was $0.00 Mil. It means MultiCorp International's inventory stayed the same from . 20 to . 20 .

MultiCorp International's Total Inventories for the quarter that ended in Sep. 2023 was $0.19 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. MultiCorp International's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.00.

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.

MultiCorp International  (OTCPK:MCIC) Change In Inventory Explanation

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

MultiCorp 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
=0.095/0*365 / 4
=N/A

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

MultiCorp 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 / 0.095
=0.00

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.095 / 0
=N/A

* 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.

MultiCorp International Change In Inventory Related Terms

MultiCorp International Change In Inventory Historical Data

* Premium members only.

The historical data trend for MultiCorp 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.

MultiCorp International Change In Inventory Chart

MultiCorp International Annual Data
Trend
Change In Inventory

MultiCorp International Quarterly Data
Jun21 Jun22 Sep22 Sep23
Change In Inventory 0.00 0.00 0.00 0.00

MultiCorp 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 $0.00 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 $0.00 Mil mean?
MultiCorp International (MCIC) has a Change In Inventory of $0.00 Mil as of Sep. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for MultiCorp International and its competitors.
Is MultiCorp International's Change In Inventory too high?
MultiCorp International's current Change In Inventory is $0.00 Mil.
How does MultiCorp International's Change In Inventory compare to GPFT and KGKG?
MultiCorp International's Change In Inventory of $0.00 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 MultiCorp International and its competitors. MultiCorp International's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MultiCorp International stock overvalued right now?
MultiCorp International (MCIC) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 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 MultiCorp International (MCIC), the current Change In Inventory is $0.00 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.

MultiCorp International Business Description

Address 5308 Derry Avenue, Suite R, Agoura Hills, CA, USA, 91301
MultiCorp International Inc buys and sells nitrile medically approved gloves and other PPE supplies to include gowns, masks and other items for the medical industry. The company is currently working on a medical app that will assist in monitoring potential life threatening scenarios.