Palatin Technologies (PTN) Inventory (2020 - 2023)
Palatin Technologies (PTN) recorded Inventory of $1.6 million in fiscal Q1 2024 (quarter ended Sep 30, 2023), up 86.3% from $857,975 a year earlier and up 203.9% from the prior quarter.
Palatin Technologies (PTN) Inventory (2020 - 2023) Analysis & Trends
At the end of FY2023 (ended Jun 30, 2023), Palatin Technologies reported Inventory of $526,000, down 44.3% from FY2022.
- Across earlier fiscal years, Inventory came in at $944,471 in FY2022 (-18.7%) and $1.16 million in FY2021.
- The fiscal Q1 2024 figure is the highest quarterly Inventory since fiscal Q3 2021.
- On a year-over-year basis, Inventory rose in 1 of the last eight quarters, with an average decline of 29.1%.
- Peak year-over-year performance for Inventory in the last five years was growth of 86.3% in fiscal Q1 2024, against a decline of 83.1% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $526,000 (Q4 2023), $630,033 (Q3 2023) and $759,268 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 16.79 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 15.14 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 5.13 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 6.21 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 6.22 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 6.93 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 6.22 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 1.95 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 9.95 Bn |
| 10 | Palatin Technologies | 16.21 Mn | -17.19 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.60 Mn |
| Jun 30, 2023 | 526,000.00 |
| Mar 31, 2023 | 630,033.00 |
| Dec 31, 2022 | 759,268.00 |
| Sep 30, 2022 | 857,975.00 |
| Jun 30, 2022 | 944,471.00 |
| Mar 31, 2022 | 1.03 Mn |
| Dec 31, 2021 | 1.08 Mn |
| Sep 30, 2021 | 1.11 Mn |
| Jun 30, 2021 | 1.16 Mn |
| Mar 31, 2021 | 6.11 Mn |
| Dec 31, 2020 | 6.03 Mn |
| Sep 30, 2020 | 5.79 Mn |
Palatin Technologies Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=PTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "PTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=PTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();