Abattis Bioceuticals (Abattis Bioceuticals) Change In Inventory : $0.00 Mil (TTM As of Sep. 2019)

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What is Abattis Bioceuticals Change In Inventory?

Abattis Bioceuticals's change in inventory for the quarter that ended in Sep. 2019 was $0.00 Mil. It means Abattis Bioceuticals's inventory stayed the same from Jun. 2019 to Sep. 2019 .

Abattis Bioceuticals's change in inventory for the fiscal year that ended in Sep. 2019 was $-0.18 Mil. It means Abattis Bioceuticals's inventory increased by $0.18 Mil from Sep. 2018 to Sep. 2019 .

Abattis Bioceuticals's Total Inventories for the quarter that ended in Sep. 2019 was $0.20 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abattis Bioceuticals's Days Inventory for the quarter that ended in Sep. 2019 was 384.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abattis Bioceuticals's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.24.

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. Abattis Bioceuticals's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 1.21.

Abattis Bioceuticals Change In Inventory Historical Data

The historical data trend for Abattis Bioceuticals'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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Abattis Bioceuticals Change In Inventory Chart

Abattis Bioceuticals Annual Data

Trend

Sep10

Sep11

Sep12

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Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Change In Inventory

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0.24

-0.02

-0.18

Abattis Bioceuticals Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Abattis Bioceuticals 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Abattis Bioceuticals (OTCPK:ATTBF) Change In Inventory Explanation

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

Abattis Bioceuticals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2065	/	0.049	*	365 / 4
	=	384.55

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

Abattis Bioceuticals's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.049	/	0.2065
	=	0.24

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.

Abattis Bioceuticals's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2065	/	0.171
	=	1.21

Abattis Bioceuticals Change In Inventory Related Terms

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Abattis Bioceuticals (Abattis Bioceuticals) Business Description

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Address

1200 - 625 Howe Street, Vancouver, BC, CAN, V6C 2M6

Website

http://www.abattis.com

Abattis Bioceuticals Corp is a Canadian life science and biotechnology company focuses on aggregating, integrating and investing in agricultural technologies and biotechnology services for the legal cannabis industry. It is primarily engaged in producing, licensing and marketing proprietary ingredients and formulas for use in the biopharma, nutraceutical, cosmetic and animal nutrition markets. The company is also engaged in growing, extraction, testing, propagation and online distribution.