Ibex Technologies (TSXV:IBT) Change In Inventory : C$-0.04 Mil (TTM As of Jan. 2024)

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What is Ibex Technologies Change In Inventory?

Ibex Technologies's change in inventory for the quarter that ended in Jan. 2024 was C$-0.02 Mil. It means Ibex Technologies's inventory increased by C$0.02 Mil from Oct. 2023 to Jan. 2024 .

Ibex Technologies's change in inventory for the fiscal year that ended in Jul. 2023 was C$0.06 Mil. It means Ibex Technologies's inventory declined by C$0.06 Mil from Jul. 2022 to Jul. 2023 .

Ibex Technologies's Total Inventories for the quarter that ended in Jan. 2024 was C$0.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ibex Technologies's Days Inventory for the quarter that ended in Jan. 2024 was 40.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ibex Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 was 2.27.

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. Ibex Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.13.

Ibex Technologies Change In Inventory Historical Data

The historical data trend for Ibex 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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Ibex Technologies Change In Inventory Chart

Ibex Technologies Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Inventory

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0.20

-0.09

0.09

0.06

Ibex Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															0.03	-0.03	0.07	-0.06	-0.02

Ibex 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Ibex Technologies (TSXV:IBT) Change In Inventory Explanation

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

Ibex 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
	=	0.244	/	0.553	*	365 / 4
	=	40.26

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

Ibex Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.553	/	0.244
	=	2.27

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.

Ibex Technologies's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.244	/	1.922
	=	0.13

Ibex Technologies Change In Inventory Related Terms

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Ibex Technologies (TSXV:IBT) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ibex Technologies Inc (TSXV:IBT) » Definitions » Change In Inventory

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IBXNF:USA IBT:Germany

Address

5485 Pare Street, Suite 100, Montreal, QC, CAN, H4P 1P7

Website

https://www.ibex.ca

Ibex Technologies Inc is a company engaged in the production and sale of diagnostic products. It manufactures and markets enzymes for biomedical use, through its subsidiaries. It also manufactures and markets a series of arthritis assays that have applications in osteoarthritis research. It sells two product lines namely, Enzymes for in-vitro diagnostics and research, and Tests for osteoarthritis research. The group provides services like Filing and lyophilization of disposable diagnostic components, and Custom fermentation and purification of enzymes for diagnostic companies. Geographically, the firm sells its products in Canada, Germany, the U.S., the U.K., and other countries of which the majority of the revenue is generated from the U.S.

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