TTTSF (TruTrace Technologies) Change In Inventory: $ Mil (TTM As of Jan. 2023)

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What is TruTrace Technologies Change In Inventory?

TruTrace Technologies TTTSF Change In Inventory is $ Mil as of Jan. 2023.

TruTrace Technologies's change in inventory for the quarter that ended in Jan. 2023 was $ Mil. It means TruTrace Technologies's inventory stayed the same from Oct. 2022 to Jan. 2023 .

TruTrace Technologies's change in inventory for the fiscal year that ended in Apr. 2022 was $ Mil. It means TruTrace Technologies's inventory stayed the same from Apr. 2021 to Apr. 2022 .

TruTrace Technologies's Total Inventories for the quarter that ended in Jan. 2023 was $0.00 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.

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. TruTrace Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2023 was 0.00.

TruTrace Technologies  (OTCPK:TTTSF) Change In Inventory Explanation

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

TruTrace 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/*365 / 4
=N/A

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

TruTrace Technologies's Inventory Turnover for the quarter that ended in Jan. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
= / 0
=N/A

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.

TruTrace Technologies's Inventory to Revenue for the quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.018972110390238
=0.00

* 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.

TruTrace Technologies Change In Inventory Related Terms

TruTrace Technologies Change In Inventory Historical Data

* Premium members only.

The historical data trend for TruTrace 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.

TruTrace Technologies Change In Inventory Chart

TruTrace Technologies Annual Data
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TruTrace Technologies Quarterly Data
Dec17 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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TruTrace 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 Jan. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $ 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 $ Mil mean?
TruTrace Technologies (TTTSF) has a Change In Inventory of $ Mil as of Jan. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for TruTrace Technologies and its competitors.
Is TruTrace Technologies' Change In Inventory too high?
TruTrace Technologies' current Change In Inventory is $ Mil.
How does TruTrace Technologies' Change In Inventory compare to CRM and INTU?
TruTrace Technologies' Change In Inventory of $ Mil can be compared against companies in the Software 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 Software company?
A good Change In Inventory depends on the Software 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 TruTrace Technologies and its competitors. TruTrace Technologies's current Change In Inventory is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TruTrace Technologies stock overvalued right now?
TruTrace Technologies (TTTSF) has a current Change In Inventory of $ Mil. The current Change In Inventory is $ 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 TruTrace Technologies (TTTSF), the current Change In Inventory is $ Mil as of Jan. 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.

TruTrace Technologies Business Description

Address 61 Regal Road, Toronto, ON, CAN, M6H 2J6
TruTrace Technologies Inc. is a Canadian software company that develops blockchain-based traceability and quality-assurance platforms for regulated industries. Its flagship product, StrainSecure, was originally designed for the legal cannabis sector, allowing licensed producers, testing laboratories, and brands to store, manage, and share certificates of analysis, testing data, and inventory movement intelligence on a secure, immutable ledger. The platform authenticates source materials and ingredients used in formulation, supporting product verification and supply-chain transparency. Beyond cannabis, the company has targeted applications in nutraceuticals, food, and pharmaceuticals, where provenance and testing standards matter. TruTrace generates revenue primarily through software licensing, subscription fees, and pilot or enterprise agreements with industry participants. The company is headquartered in Canada and serves clients in North American and other regulated markets, positioning itself at the intersection of blockchain technology and regulatory compliance for product traceability.