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Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Change In Inventory : ₪15.59 Mil (TTM As of Dec. 2023)


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What is Tikun Olam Cannbit Pharmaceuticals Change In Inventory?

Tikun Olam Cannbit Pharmaceuticals's change in inventory for the quarter that ended in Dec. 2023 was ₪8.98 Mil. It means Tikun Olam Cannbit Pharmaceuticals's inventory declined by ₪8.98 Mil from Jun. 2023 to Dec. 2023 .

Tikun Olam Cannbit Pharmaceuticals's change in inventory for the fiscal year that ended in Dec. 2022 was ₪-7.75 Mil. It means Tikun Olam Cannbit Pharmaceuticals's inventory increased by ₪7.75 Mil from Dec. 2021 to Dec. 2022 .

Tikun Olam Cannbit Pharmaceuticals's Total Inventories for the quarter that ended in Dec. 2023 was ₪9.84 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tikun Olam Cannbit Pharmaceuticals's Days Inventory for the quarter that ended in Dec. 2023 was 107.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tikun Olam Cannbit Pharmaceuticals's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.70.

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. Tikun Olam Cannbit Pharmaceuticals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.


Tikun Olam Cannbit Pharmaceuticals Change In Inventory Historical Data

The historical data trend for Tikun Olam Cannbit Pharmaceuticals'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.

* Premium members only.

Tikun Olam Cannbit Pharmaceuticals Change In Inventory Chart

Tikun Olam Cannbit Pharmaceuticals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -15.73 2.16 -7.75

Tikun Olam Cannbit Pharmaceuticals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.97 -3.30 -4.45 6.61 8.98

Tikun Olam Cannbit Pharmaceuticals 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₪15.59 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.


Tikun Olam Cannbit Pharmaceuticals  (XTAE:TKUN) Change In Inventory Explanation

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

Tikun Olam Cannbit Pharmaceuticals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=14.3325/24.39*365 / 2
=107.24

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

Tikun Olam Cannbit Pharmaceuticals's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Tikun Olam Cannbit Pharmaceuticals's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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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Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Business Description

Traded in Other Exchanges
N/A
Address
The Fourteenth, Tel Aviv, ISR
Tikun Olam Cannbit Pharmaceuticals Ltd is engaged in the business of growing and marketing medical cannabis.

Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Headlines

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