TAAT Global Alternatives (XCNQ:TAAT) Change In Inventory : C$-0.11 Mil (TTM As of Jul. 2023)

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What is TAAT Global Alternatives Change In Inventory?

TAAT Global Alternatives's change in inventory for the quarter that ended in Jul. 2023 was C$-0.27 Mil. It means TAAT Global Alternatives's inventory increased by C$0.27 Mil from Apr. 2023 to Jul. 2023 .

TAAT Global Alternatives's change in inventory for the fiscal year that ended in Oct. 2022 was C$-2.09 Mil. It means TAAT Global Alternatives's inventory increased by C$2.09 Mil from Oct. 2021 to Oct. 2022 .

TAAT Global Alternatives's Total Inventories for the quarter that ended in Jul. 2023 was C$4.83 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TAAT Global Alternatives's Days Inventory for the quarter that ended in Jul. 2023 was 17.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. TAAT Global Alternatives's Inventory Turnover for the quarter that ended in Jul. 2023 was 5.35.

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. TAAT Global Alternatives's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.19.

TAAT Global Alternatives Change In Inventory Historical Data

The historical data trend for TAAT Global Alternatives'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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TAAT Global Alternatives Change In Inventory Chart

TAAT Global Alternatives Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Change In Inventory

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-0.20

-0.61

-2.09

TAAT Global Alternatives Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Change In Inventory	Get a 7-Day Free Trial															-0.33	-0.38	-0.21	0.75	-0.27

TAAT Global Alternatives 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 Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.11 Mil.

TAAT Global Alternatives (XCNQ:TAAT) Change In Inventory Explanation

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

TAAT Global Alternatives's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.695	/	25.136	*	365 / 4
	=	17.04

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

TAAT Global Alternatives's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	25.136	/	4.695
	=	5.35

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.

TAAT Global Alternatives's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.695	/	24.717
	=	0.19

TAAT Global Alternatives Change In Inventory Related Terms

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TAAT Global Alternatives (XCNQ:TAAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » TAAT Global Alternatives Inc (XCNQ:TAAT) » Definitions » Change In Inventory

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Traded in Other Exchanges

TOBAF:USA 2TP0:Germany

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2

Website

https://www.taatglobal.com

TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. The company generates the majority of its revenue from the tobacco products segment.

TAAT Global Alternatives (XCNQ:TAAT) Headlines

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