Charlottes Web Holdings (TSX:CWEB) Change In Inventory : C$2.88 Mil (TTM As of Mar. 2024)

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What is Charlottes Web Holdings Change In Inventory?

Charlottes Web Holdings's change in inventory for the quarter that ended in Mar. 2024 was C$-1.39 Mil. It means Charlottes Web Holdings's inventory increased by C$1.39 Mil from Dec. 2023 to Mar. 2024 .

Charlottes Web Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was C$5.87 Mil. It means Charlottes Web Holdings's inventory declined by C$5.87 Mil from Dec. 2022 to Dec. 2023 .

Charlottes Web Holdings's Total Inventories for the quarter that ended in Mar. 2024 was C$30.44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Charlottes Web Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 383.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Charlottes Web Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.24.

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. Charlottes Web Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.81.

Charlottes Web Holdings Change In Inventory Historical Data

The historical data trend for Charlottes Web Holdings'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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Charlottes Web Holdings Change In Inventory Chart

Charlottes Web Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-70.45

-2.28

1.31

2.35

5.87

Charlottes Web Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															1.62	2.25	0.97	1.05	-1.39

Charlottes Web Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.88 Mil.

Charlottes Web Holdings (TSX:CWEB) Change In Inventory Explanation

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

Charlottes Web Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	29.6665	/	7.056	*	365 / 4
	=	383.65

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

Charlottes Web Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.056	/	29.6665
	=	0.24

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.

Charlottes Web Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29.6665	/	16.411
	=	1.81

Charlottes Web Holdings Change In Inventory Related Terms

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Charlottes Web Holdings (TSX:CWEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Charlottes Web Holdings Inc (TSX:CWEB) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CWBHF:USA 6CW:Germany

Address

700 Tech Court, Louisville, CO, USA, 80027

Website

https://www.charlottesweb.com

Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick-and-mortar specialty retailers.

Executives

William Morachnick

Senior Officer

Charlottes Web Holdings (TSX:CWEB) Headlines

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