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Odd Burger (TSXV:ODD) Change In Inventory : C$-0.06 Mil (TTM As of Mar. 2024)


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What is Odd Burger Change In Inventory?

Odd Burger's change in inventory for the quarter that ended in Mar. 2024 was C$-0.07 Mil. It means Odd Burger's inventory increased by C$0.07 Mil from Dec. 2023 to Mar. 2024 .

Odd Burger's change in inventory for the fiscal year that ended in Sep. 2023 was C$0.00 Mil. It means Odd Burger's inventory declined by C$0.00 Mil from Sep. 2022 to Sep. 2023 .

Odd Burger's Total Inventories for the quarter that ended in Mar. 2024 was C$0.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Odd Burger's Days Inventory for the quarter that ended in Mar. 2024 was 39.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Odd Burger's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.28.

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. Odd Burger's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.

Odd Burger Change In Inventory Historical Data

The historical data trend for Odd Burger'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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Odd Burger Change In Inventory Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Change In Inventory
-0.01 -0.07 -0.09 -

Odd Burger Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.04 0.03 0.02 -0.07

Odd Burger 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$-0.06 Mil.

* 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.

Odd Burger  (TSXV:ODD) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.22/0.502*365 / 4
=39.99

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

Odd Burger's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.502 / 0.22
=2.28

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.

Odd Burger's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.22 / 0.8
=0.28

* 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.

Odd Burger Change In Inventory Related Terms

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Odd Burger (TSXV:ODD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Odd Burger Corp (TSXV:ODD) » Definitions » Change In Inventory
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Traded in Other Exchanges
ODDAF:USA IA9:Germany
Address
505 Consortium Court, London, ON, CAN, N6E 2S8
Website
https://www.oddburger.com
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.