Grey Wolf Animal Health (TSXV:WOLF) Change In Inventory : C$-0.88 Mil (TTM As of Mar. 2024)

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What is Grey Wolf Animal Health Change In Inventory?

Grey Wolf Animal Health's change in inventory for the quarter that ended in Mar. 2024 was C$-0.19 Mil. It means Grey Wolf Animal Health's inventory increased by C$0.19 Mil from Dec. 2023 to Mar. 2024 .

Grey Wolf Animal Health's change in inventory for the fiscal year that ended in Dec. 2023 was C$-0.86 Mil. It means Grey Wolf Animal Health's inventory increased by C$0.86 Mil from Dec. 2022 to Dec. 2023 .

Grey Wolf Animal Health's Total Inventories for the quarter that ended in Mar. 2024 was C$4.82 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grey Wolf Animal Health's Days Inventory for the quarter that ended in Mar. 2024 was 146.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grey Wolf Animal Health's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

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. Grey Wolf Animal Health's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.

Grey Wolf Animal Health Change In Inventory Historical Data

The historical data trend for Grey Wolf Animal Health'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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Grey Wolf Animal Health Change In Inventory Chart

Grey Wolf Animal Health Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

-0.21

-0.90

-0.86

Grey Wolf Animal Health Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial					-0.17	-0.19	-0.23	-0.28	-0.19

Grey Wolf Animal Health 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.88 Mil.

Grey Wolf Animal Health (TSXV:WOLF) Change In Inventory Explanation

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

Grey Wolf Animal Health's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.7215	/	2.935	*	365 / 4
	=	146.79

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

Grey Wolf Animal Health's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.935	/	4.7215
	=	0.62

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.

Grey Wolf Animal Health's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.7215	/	6.047
	=	0.78

Grey Wolf Animal Health Change In Inventory Related Terms

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