WELL Health Technologies (TSX:WELL) Change In Inventory : C$0.2 Mil (TTM As of Dec. 2023)

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What is WELL Health Technologies Change In Inventory?

WELL Health Technologies's change in inventory for the quarter that ended in Dec. 2023 was C$0.2 Mil. It means WELL Health Technologies's inventory declined by C$0.2 Mil from Sep. 2023 to Dec. 2023 .

WELL Health Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.2 Mil. It means WELL Health Technologies's inventory declined by C$0.2 Mil from Dec. 2022 to Dec. 2023 .

WELL Health Technologies's Total Inventories for the quarter that ended in Dec. 2023 was C$1.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WELL Health Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 0.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. WELL Health Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 103.18.

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. WELL Health Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

WELL Health Technologies Change In Inventory Historical Data

The historical data trend for WELL 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.

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WELL Health Technologies Change In Inventory Chart

WELL Health Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.08

-1.08

0.88

-0.58

0.19

WELL Health Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															0.04	-0.03	0.22	-0.16	0.16

WELL 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.2 Mil.

WELL Health Technologies (TSX:WELL) Change In Inventory Explanation

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

WELL 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
	=	1.262	/	130.207	*	365 / 4
	=	0.88

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

WELL Health Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	130.207	/	1.262
	=	103.18

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.

WELL Health Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.262	/	231.246
	=	0.01

WELL Health Technologies Change In Inventory Related Terms

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WELL Health Technologies (TSX:WELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » WELL Health Technologies Corp (TSX:WELL) » Definitions » Change In Inventory

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WHTCF:USA W7V:Germany

Address

375 Water Street, Suite 550, Vancouver, BC, CAN, V6B 5C6

Website

https://www.well.company

WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: clinical operations and allied health, Electronic medical record (EMR), Billing and revenue cycle management solutions, Digital apps, Cybersecurity, CRH, MyHealth, and corporate/shared services. Its segments are grouped into three divisions; Omni-channel Patient Services - Primary includes clinical operations and allied health. Omni-channel Patient Services - Specialized comprises CRH and MyHealth under two segments. Virtual Services include EMR, billing and revenue cycle management solutions, digital apps, and cybersecurity.