Australian Clinical Labs (ASX:ACL) Change In Inventory : A$0.0 Mil (TTM As of Dec. 2023)

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What is Australian Clinical Labs Change In Inventory?

Australian Clinical Labs's change in inventory for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means Australian Clinical Labs's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Australian Clinical Labs's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means Australian Clinical Labs's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Australian Clinical Labs's Total Inventories for the quarter that ended in Dec. 2023 was A$16.8 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. Australian Clinical Labs's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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. Australian Clinical Labs's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Australian Clinical Labs Change In Inventory Historical Data

The historical data trend for Australian Clinical Labs'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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Australian Clinical Labs Change In Inventory Chart

Australian Clinical Labs Annual Data

Trend

Dec20

Jun21

Jun22

Jun23

Change In Inventory

Australian Clinical Labs Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Australian Clinical Labs 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 A$0.0 Mil.

Australian Clinical Labs (ASX:ACL) Change In Inventory Explanation

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

Australian Clinical Labs's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	15.9485	/	0	*	365 / 2
	=	N/A

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

Australian Clinical Labs's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	15.9485
	=	0.00

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.

Australian Clinical Labs's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.9485	/	337.816
	=	0.05

Australian Clinical Labs Change In Inventory Related Terms

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Australian Clinical Labs (ASX:ACL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Australian Clinical Labs Ltd (ASX:ACL) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

1868-1892 Dandenong Road, Clayton, VIC, AUS, 3168

Website

https://www.clinicallabs.com.au

Australian Clinical Labs, or ACL, is Australia's third-largest private pathology provider. ACL earns almost its entire group revenue from pathology services in Australia, which are mostly earned via the publicly funded health Medicare system. ACL is well-established in the states of Western Australia, South Australia, Victoria and the Northern Territory.

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