Aurora Cannabis (TSX:ACB) Change In Inventory : C$1.4 Mil (TTM As of Dec. 2023)

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What is Aurora Cannabis Change In Inventory?

Aurora Cannabis's change in inventory for the quarter that ended in Dec. 2023 was C$-4.5 Mil. It means Aurora Cannabis's inventory increased by C$4.5 Mil from Sep. 2023 to Dec. 2023 .

Aurora Cannabis's change in inventory for the fiscal year that ended in Jun. 2021 was C$8.5 Mil. It means Aurora Cannabis's inventory declined by C$8.5 Mil from Jun. 2020 to Jun. 2021 .

Aurora Cannabis's Total Inventories for the quarter that ended in Dec. 2023 was C$144.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aurora Cannabis's Days Inventory for the quarter that ended in Dec. 2023 was 289.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurora Cannabis's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.32.

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. Aurora Cannabis's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.20.

Aurora Cannabis Change In Inventory Historical Data

The historical data trend for Aurora Cannabis'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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Aurora Cannabis Change In Inventory Chart

Aurora Cannabis Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Change In Inventory

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-1.68

-8.99

-50.42

-26.32

8.45

Aurora Cannabis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															4.97	-8.16	11.51	2.59	-4.50

Aurora Cannabis 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 quarterly data reported by the company within the most recent 12 months, which was C$1.4 Mil.

Aurora Cannabis (TSX:ACB) Change In Inventory Explanation

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

Aurora Cannabis's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	141.5915	/	44.616	*	365 / 4
	=	289.59

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

Aurora Cannabis's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	44.616	/	141.5915
	=	0.32

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.

Aurora Cannabis's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	141.5915	/	64.419
	=	2.20

Aurora Cannabis Change In Inventory Related Terms

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Aurora Cannabis (TSX:ACB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (TSX:ACB) » Definitions » Change In Inventory

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Traded in Other Exchanges

ACB:USA 21P1:Germany

Address

3498 63 Avenue, Leduc, AB, CAN, T9E 0G8

Website

https://www.auroramj.com

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.

Executives