Palatin Technologies (PTN) Inventory Average (2020 - 2023)

Palatin Technologies (PTN) has reported Inventory Average for 4 consecutive years, with $1.1 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Inventory Average rose 17.85% year-over-year to $1.1 million; the trailing twelve-month figure through Sep 2023 stood at $1.1 million (up 17.85% YoY), and the FY2023 full-year result was $735235.5, down 30.19% from the prior year.
• Inventory Average rose to $1.1 million in Q3 2023 per PTN's latest filing, from $578016.5 in the prior quarter.
• Across five years, Inventory Average topped out at $6.1 million in Q1 2021 and bottomed at $578016.5 in Q2 2023.
• Historically, Inventory Average has averaged $2.0 million across 4 years, with a median of $1.1 million in 2022.
• The sharpest annual moves came in 2022 and 2023: Inventory Average plunged 82.62% in 2022, then increased 17.85% in 2023.
• Over 4 years, Inventory Average stood at $5.9 million in 2020, then tumbled by 81.5% to $1.1 million in 2021, then retreated by 26.05% to $808621.5 in 2022, then jumped by 31.35% to $1.1 million in 2023.
• According to Business Quant data, Inventory Average over the past three periods registered $1.1 million, $578016.5, and $694650.5 for Q3 2023, Q2 2023, and Q1 2023 respectively.