Freshpet (Freshpet) Change In Inventory : $-1.2 Mil (TTM As of Dec. 2023)

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What is Freshpet Change In Inventory?

Freshpet's change in inventory for the quarter that ended in Dec. 2023 was $-0.4 Mil. It means Freshpet's inventory increased by $0.4 Mil from Sep. 2023 to Dec. 2023 .

Freshpet's change in inventory for the fiscal year that ended in Dec. 2023 was $-1.2 Mil. It means Freshpet's inventory increased by $1.2 Mil from Dec. 2022 to Dec. 2023 .

Freshpet's Total Inventories for the quarter that ended in Dec. 2023 was $63.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Freshpet's Days Inventory for the quarter that ended in Dec. 2023 was 39.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Freshpet's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.30.

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. Freshpet's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

Freshpet Change In Inventory Historical Data

The historical data trend for Freshpet'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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Freshpet Change In Inventory Chart

Freshpet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.34

-6.81

-16.80

-26.17

-1.21

Freshpet 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															6.04	-8.00	1.02	6.21	-0.43

Freshpet 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 $-1.2 Mil.

Freshpet (NAS:FRPT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	61.1505	/	140.846	*	365 / 4
	=	39.62

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	140.846	/	61.1505
	=	2.30

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	61.1505	/	215.421
	=	0.28

Freshpet Change In Inventory Related Terms

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Freshpet (Freshpet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Freshpet Inc (NAS:FRPT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

7FP:Germany

Address

400 Plaza Drive, 1st Floor, Secaucus, NJ, USA, 07094

Website

https://www.freshpet.com

Freshpet Inc manufactures and markets natural fresh meals and treats for dogs and cats. The Company's products are distributed throughout the United States, Canada and other international markets, into major retail classes including Grocery (including online), Mass and Club, Pet Specialty, and Natural retail. The company's products include Nature's Fresh, Deli Fresh, Vital, and Freshpet among others.

Executives

Stephen Macchiaverna	officer: EVP, Secretary & Treasurer	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Nishu D. Patel	officer: Vice President and Controller	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Walter N. George	director	4100 N. MULBERRY DRIVE, SUITE 200, KANSAS CITY MO 64116
David J West	director	100 CRYSTAL A DRIVE, HERSHEY PA 17033
David Biegger	director	ONE CAMPBELL PLACE, CAMDEN NJ 08103
Cathal Walsh	officer: See Remarks	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Todd E Cunfer	officer: Chief Financial Officer	1225 17TH STREET, SUITE 1000, DENVER CO 80202
Stephen Weise	officer: EVp of Manufg & Supply Chain	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
J David Basto	director	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Charles A Norris	director, 10 percent owner	481 DENSLOW AVE, LOS ANGELES CA 90049
William B. Cyr	officer: Chief Executive Officer	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Scott James Morris	officer: Chief Marketing Officer	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Ivan Garcia	officer: VP of Finance & Controller	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Craig D. Steeneck	director	13665 VANDERBILT DRIVE, UNIT 704, NAPLES FL 34110
Daryl G Brewster	director	KRISPY KREME DOUGHNUTS, INC., 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103