Elite Pharmaceuticals Inc (ELTP): They had 11m in inventory that resulted...

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Elite Pharmaceuticals Inc (ELTP)

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Re: kayak_wench post# 395720

Tuesday, 02/13/2024 4:59:10 PM

Tuesday, February 13, 2024 4:59:10 PM

They had 11m in inventory that resulted in 14m in revenue

What does $15m in inventory get?

And part of that $15m was 7.5m in raw materials to end the quarter. Gonna guess much of that is Adderall. Question is how much of that is Prascos.

Because this has become more of a manufacturing investment (It's kind of not but that's how it's playing) a lot can be gleamed from the previous Qs numbers.

Really we should be trading on future upcoming products and growth. and one day we will

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