PLBLF (Altus Copper) Change In Inventory: $0.10 Mil (TTM As of Jun. 2023)


What is Altus Copper Change In Inventory?

Altus Copper PLBLF Change In Inventory is $0.10 Mil as of Jun. 2023.

Altus Copper's change in inventory for the quarter that ended in Jun. 2023 was $0.02 Mil. It means Altus Copper's inventory declined by $0.02 Mil from Mar. 2023 to Jun. 2023 .

Altus Copper's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.00 Mil. It means Altus Copper's inventory increased by $0.00 Mil from Dec. 2021 to Dec. 2022 .

Altus Copper's Total Inventories for the quarter that ended in Jun. 2023 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altus Copper's Days Inventory for the quarter that ended in Jun. 2023 was 18.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altus Copper's Inventory Turnover for the quarter that ended in Jun. 2023 was 4.94.

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. Altus Copper's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.22.

Altus Copper  (OTCPK:PLBLF) Change In Inventory Explanation

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

Altus Copper's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.016/0.079*365 / 4
=18.48

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

Altus Copper's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.079 / 0.016
=4.94

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.

Altus Copper's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.016 / 0.072
=0.22

* 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.

Altus Copper Change In Inventory Related Terms

Altus Copper Change In Inventory Historical Data

* Premium members only.

The historical data trend for Altus Copper'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.

Altus Copper Change In Inventory Chart

Altus Copper Annual Data
Trend Dec20 Dec21 Dec22
Change In Inventory
-0.01 -0.02 -0.00

Altus Copper Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.03 -0.01 0.05 0.05 0.02

Altus Copper 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 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 $0.10 Mil mean?
Altus Copper (PLBLF) has a Change In Inventory of $0.10 Mil as of Jun. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Altus Copper and its competitors.
Is Altus Copper's Change In Inventory too high?
Altus Copper's current Change In Inventory is $0.10 Mil.
How does Altus Copper's Change In Inventory compare to TTCFQ and BSFC?
Altus Copper's Change In Inventory of $0.10 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods 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 Altus Copper and its competitors. Altus Copper's current Change In Inventory is $0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Copper stock overvalued right now?
Altus Copper (PLBLF) has a current Change In Inventory of $0.10 Mil. The current Change In Inventory is $0.10 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 Altus Copper (PLBLF), the current Change In Inventory is $0.10 Mil as of Jun. 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.

Altus Copper Business Description

Address 1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Altus Copper Corp formerly Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.