HYTN Innovations (XCNQ:HYTN) Change In Inventory : C$0.09 Mil (TTM As of Jun. 2024)

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What is HYTN Innovations Change In Inventory?

HYTN Innovations's change in inventory for the quarter that ended in Jun. 2024 was C$0.02 Mil. It means HYTN Innovations's inventory declined by C$0.02 Mil from Mar. 2024 to Jun. 2024 .

HYTN Innovations's change in inventory for the fiscal year that ended in Sep. 2023 was C$0.08 Mil. It means HYTN Innovations's inventory declined by C$0.08 Mil from Jan. 2022 to Sep. 2023 .

HYTN Innovations's Total Inventories for the quarter that ended in Jun. 2024 was C$0.27 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HYTN Innovations's Days Inventory for the quarter that ended in Jun. 2024 was 133.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. HYTN Innovations's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.68.

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. HYTN Innovations's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.71.

HYTN Innovations Change In Inventory Historical Data

The historical data trend for HYTN Innovations'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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HYTN Innovations Change In Inventory Chart

HYTN Innovations Annual Data

Trend

Sep19

Sep20

Jan21

Jan22

Sep23

Change In Inventory

-0.02

-0.14

0.08

HYTN Innovations Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial												0.03	0.06	0.03	-0.01	0.02

HYTN Innovations 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.09 Mil.

HYTN Innovations (XCNQ:HYTN) Change In Inventory Explanation

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

HYTN Innovations's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.275	/	0.188	*	365 / 4
	=	133.48

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

HYTN Innovations's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.188	/	0.275
	=	0.68

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.

HYTN Innovations's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.275	/	0.39
	=	0.71

HYTN Innovations Change In Inventory Related Terms

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HYTN Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » HYTN Innovations Inc (XCNQ:HYTN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

HYTNF:USA 85W0:Germany

Address

12 East 4th Avenue, Vancouver, BC, CAN, V5T 1E8

Website

https://www.hytn.life

HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The Company generates revenue from the sale of cannabis-related products such as Cannabis-beverage sales, Cannabis -flower sales, Cannabis -edible sales. Majority revenue is generated from Cannabis - beverage sales.

Executives

Amandeep Singh Parmar

10% Security Holder

HYTN Innovations Headlines

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