PlantX Life (PlantX Life) Change In Inventory : $0.60 Mil (TTM As of Dec. 2023)

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What is PlantX Life Change In Inventory?

PlantX Life's change in inventory for the quarter that ended in Dec. 2023 was $0.04 Mil. It means PlantX Life's inventory declined by $0.04 Mil from Sep. 2023 to Dec. 2023 .

PlantX Life's change in inventory for the fiscal year that ended in Mar. 2023 was $0.24 Mil. It means PlantX Life's inventory declined by $0.24 Mil from Mar. 2022 to Mar. 2023 .

PlantX Life's Total Inventories for the quarter that ended in Dec. 2023 was $0.42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PlantX Life's Days Inventory for the quarter that ended in Dec. 2023 was 29.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. PlantX Life's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.06.

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. PlantX Life's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

PlantX Life Change In Inventory Historical Data

The historical data trend for PlantX Life'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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PlantX Life Change In Inventory Chart

PlantX Life Annual Data

Trend

Jul19

Jul20

Mar21

Mar22

Mar23

Change In Inventory

-0.05

-0.52

0.24

PlantX Life Quarterly Data
	Jul19	Mar20	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial											0.15	0.44	0.10	0.01	0.04

PlantX Life 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 $0.60 Mil.

PlantX Life (OTCPK:PLTXD) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.436	/	1.334	*	365 / 4
	=	29.82

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.334	/	0.436
	=	3.06

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.436	/	2.408
	=	0.18

PlantX Life Change In Inventory Related Terms

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PlantX Life (PlantX Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PlantX Life Inc (OTCPK:PLTXD) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

WNT0:Germany VEGA:Canada

Address

100 Park Royal South, Suite 504, West Vancouver, Vancouver, BC, CAN, V7T 1A2

Website

https://www.plantx.com

PlantX Life Inc is a digital-based, one-stop-shop, and distribution company with a fast-growing database with a plan to offer customers across North America. The company's operating segment includes Vegaste, PlantX Living Inc, Bloombox, Score (Squamish), Israel, Little West, Plant-Based Deli, New Deli, PlantX UK, PlantX Nevada, EH Coffee, Portfolio Coffee, and PlantX Midwest. The company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. It has a presence in the United States, United Kingdom, Canada, Israel, and Germany.