Optimind Pharma (XCNQ:OMND) Change In Inventory : C$0.00 Mil (TTM As of Nov. 2023)

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What is Optimind Pharma Change In Inventory?

Optimind Pharma's change in inventory for the quarter that ended in Nov. 2023 was C$0.00 Mil. It means Optimind Pharma's inventory stayed the same from Aug. 2023 to Nov. 2023 .

Optimind Pharma's change in inventory for the fiscal year that ended in Feb. 2023 was C$0.00 Mil. It means Optimind Pharma's inventory stayed the same from Feb. 2022 to Feb. 2023 .

Optimind Pharma's Total Inventories for the quarter that ended in Nov. 2023 was C$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. Optimind Pharma's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.00.

Optimind Pharma Change In Inventory Historical Data

The historical data trend for Optimind Pharma'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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Optimind Pharma Change In Inventory Chart

Optimind Pharma Annual Data

Trend

Feb22

Feb23

Change In Inventory

Optimind Pharma Quarterly Data
	Jun21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Optimind Pharma 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Optimind Pharma (XCNQ:OMND) Change In Inventory Explanation

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

Optimind Pharma'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	/	0	*	365 / 4
	=	N/A

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

Optimind Pharma's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

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

Optimind Pharma's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.027
	=	0.00

Optimind Pharma Change In Inventory Related Terms

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Optimind Pharma (XCNQ:OMND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Optimind Pharma Corp (XCNQ:OMND) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

3000 - 77 King Street West, TD Centre, North Tower, PO Box 95, Toronto, ON, CAN, M5K 1G8

Website

https://www.optimindpharma.com

Optimind Pharma Corp is an emerging provider of psychedelic therapies for the masses. It helps people suffering from PTSD, Anxiety, Depression, and other mental illnesses and disabilities by providing ketamine-assisted-treatment and other psychedelic-enhanced-psychotherapy modalities.

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