Palatin Technologies (PTN) Inventory (2020 - 2023)

Palatin Technologies (PTN) has reported Inventory for 4 consecutive years, with $1.6 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Inventory rose 86.28% year-over-year to $1.6 million; the trailing twelve-month figure through Sep 2023 stood at $1.6 million (up 86.28% YoY), and the FY2023 full-year result was $526000.0, down 44.31% from the prior year.
• Inventory rose to $1.6 million in Q3 2023 per PTN's latest filing, from $526000.0 in the prior quarter.
• Across five years, Inventory topped out at $6.1 million in Q1 2021 and bottomed at $526000.0 in Q2 2023.
• Historically, Inventory has averaged $2.1 million across 4 years, with a median of $1.1 million in 2021.
• The sharpest annual moves came in 2022 and 2023: Inventory tumbled 83.12% in 2022, then soared 86.28% in 2023.
• Over 4 years, Inventory stood at $6.0 million in 2020, then slumped by 82.11% to $1.1 million in 2021, then decreased by 29.63% to $759268.0 in 2022, then soared by 110.5% to $1.6 million in 2023.
• According to Business Quant data, Inventory over the past three periods registered $1.6 million, $526000.0, and $630033.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.