What is Grocery Outlet Holding Change In Inventory?
Grocery Outlet Holding's change in inventory for the quarter that ended in Dec. 2023 was $-41 Mil. It means Grocery Outlet Holding's inventory
increased by $41 Mil
from Sep. 2023 to Dec. 2023 .
Grocery Outlet Holding's change in inventory for the fiscal year that ended in Dec. 2023 was $-16 Mil. It means Grocery Outlet Holding's inventory
increased by $16 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Grocery Outlet Holding's Days Inventory for the quarter that ended in Dec. 2023 was 43.49.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grocery Outlet Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.10.
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.
Grocery Outlet Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.
Grocery Outlet Holding Change In Inventory Historical Data
The historical data trend for Grocery Outlet Holding'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.
Grocery Outlet Holding 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 $-16 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.
Grocery Outlet Holding (NAS:GO) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Grocery Outlet Holding's Days Inventory for the quarter that ended in is calculated as:
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.
Grocery Outlet Holding's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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.
Grocery Outlet Holding Change In Inventory Related Terms
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Grocery Outlet Holding (Grocery Outlet Holding) Business Description
Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
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