RQHTF (Reliq Health Technologies) Change In Inventory: $-0.09 Mil (TTM As of Sep. 2022)


RQHTF Reliq Health Technologies Inc RQHTF
10 GF Score
Price $0.01
View Full Analysis

What is Reliq Health Technologies Change In Inventory?

Reliq Health Technologies RQHTF -99.99% 10 Change In Inventory is $-0.09 Mil as of Sep. 2022. GuruFocus rates RQHTF with a GF Score™ of 10/100.

Reliq Health Technologies's change in inventory for the quarter that ended in Sep. 2022 was $-0.04 Mil. It means Reliq Health Technologies's inventory increased by $0.04 Mil from Jun. 2022 to Sep. 2022 .

Reliq Health Technologies's change in inventory for the fiscal year that ended in Jun. 2022 was $0.21 Mil. It means Reliq Health Technologies's inventory declined by $0.21 Mil from Jun. 2021 to Jun. 2022 .

Reliq Health Technologies's Total Inventories for the quarter that ended in Sep. 2022 was $0.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reliq Health Technologies's Days Inventory for the quarter that ended in Sep. 2022 was 21.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliq Health Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 was 4.25.

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. Reliq Health Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.09.

Reliq Health Technologies  (OTCPK:RQHTF) Change In Inventory Explanation

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

Reliq Health Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.2285/0.972*365 / 4
=21.45

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

Reliq Health Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.972 / 0.2285
=4.25

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.

Reliq Health Technologies's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2285 / 2.603
=0.09

* 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.

Reliq Health Technologies Change In Inventory Related Terms

Reliq Health Technologies Change In Inventory Historical Data

* Premium members only.

The historical data trend for Reliq Health Technologies'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.

Reliq Health Technologies Change In Inventory Chart

Reliq Health Technologies Annual Data
Trend Dec13 Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -2.44 0.72 0.45 0.21

Reliq Health Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.26 0.09 -0.41 0.27 -0.04
RQHTF
10GF Score
Reliq Health Technologies Inc RQHTF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliq Health Technologies 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 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 $-0.09 Mil mean?
Reliq Health Technologies (RQHTF) has a Change In Inventory of $-0.09 Mil as of Sep. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Reliq Health Technologies and its competitors.
Is Reliq Health Technologies' Change In Inventory too high?
Reliq Health Technologies' current Change In Inventory is $-0.09 Mil. Overall, Reliq Health Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Reliq Health Technologies' Change In Inventory compare to VEEV and GEHC?
Reliq Health Technologies' Change In Inventory of $-0.09 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Change In Inventory depends on the Healthcare Providers & Services 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 Reliq Health Technologies and its competitors. Reliq Health Technologies's current Change In Inventory is $-0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliq Health Technologies stock overvalued right now?
Reliq Health Technologies (RQHTF) has a current Change In Inventory of $-0.09 Mil. The current Change In Inventory is $-0.09 Mil. Reliq Health Technologies' overall GF Score™ is 10/100. 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 Reliq Health Technologies (RQHTF), the current Change In Inventory is $-0.09 Mil as of Sep. 2022. 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.

Reliq Health Technologies Business Description

Address 175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1
Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. The company's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery.
10GF Score

Get the complete analysis for RQHTF

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.01
Price