AppHarvest (AppHarvest) Change In Inventory : $-11.03 Mil (TTM As of Mar. 2023)

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What is AppHarvest Change In Inventory?

AppHarvest's change in inventory for the quarter that ended in Mar. 2023 was $1.97 Mil. It means AppHarvest's inventory declined by $1.97 Mil from Dec. 2022 to Mar. 2023 .

AppHarvest's change in inventory for the fiscal year that ended in Dec. 2022 was $-13.08 Mil. It means AppHarvest's inventory increased by $13.08 Mil from Dec. 2021 to Dec. 2022 .

AppHarvest's Total Inventories for the quarter that ended in Mar. 2023 was $16.11 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AppHarvest's Days Inventory for the quarter that ended in Mar. 2023 was 45.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. AppHarvest's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.01.

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. AppHarvest's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 1.31.

AppHarvest Change In Inventory Historical Data

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

AppHarvest Annual Data

Trend

Dec20

Dec21

Dec22

Change In Inventory

-2.96

-1.61

-13.08

AppHarvest Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Inventory	Get a 7-Day Free Trial								-0.08	2.14	-9.47	-5.67	1.97

AppHarvest 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.03 Mil.

AppHarvest (OTCPK:APPHQ) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	17.0915	/	34.345	*	365 / 4
	=	45.41

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

AppHarvest's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.345	/	17.0915
	=	2.01

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.0915	/	13.011
	=	1.31

AppHarvest Change In Inventory Related Terms

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AppHarvest (AppHarvest) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AppHarvest Inc (OTCPK:APPHQ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Appalachian Way, Morehead, KY, USA, 40351

Website

https://www.appharvest.com

AppHarvest Inc operates in the agriculture sector. It is an agriculture technology company. The company is engaged in developing and operating controlled environment indoor farms.

Executives

Gary Broadbent	officer: Chief Legal and Restructuring	C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
David J. Lee	director, officer: President	C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Hollie P. Harris	director	C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Anthony Ronald Martin	director	C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Julie Nelson	officer: Chief Operating Officer	C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
J Kevin Willis	director	50 E RIVERCENTER BLVD, COVINGTON KY 41011
Patrick Halfmann	director	C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Ciara Burnham	director	3110 MAIN STREET, SUITE 400, SANTA MONICA CA 90405
Loren Eggleton	officer: Chief Financial Officer	C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Greg W. Couch	director	C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Jeffrey W Ubben	director	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Ralph Geof Rochester	director	C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Robert J Laikin	director	C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Kiran Bhatraju	director	C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Martha Stewart	director	C/O MARTHA STEWART LIVING OMNIMEDIA INC, 20 WEST 43RD STREET, NEW YORK NY 10036