GRIID Infrastructure (GRIID Infrastructure) Change In Inventory : $0.00 Mil (TTM As of Sep. 2023)

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What is GRIID Infrastructure Change In Inventory?

GRIID Infrastructure's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means GRIID Infrastructure's inventory stayed the same from Jun. 2023 to Sep. 2023 .

GRIID Infrastructure's change in inventory for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means GRIID Infrastructure's inventory stayed the same from Dec. 2022 to Dec. 2023 .

GRIID Infrastructure's Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GRIID Infrastructure's Days Inventory for the quarter that ended in Sep. 2023 was 3.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. GRIID Infrastructure's Inventory Turnover for the quarter that ended in Sep. 2023 was 27.88.

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. GRIID Infrastructure's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.

GRIID Infrastructure Change In Inventory Historical Data

The historical data trend for GRIID Infrastructure'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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GRIID Infrastructure Change In Inventory Chart

GRIID Infrastructure Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

GRIID Infrastructure Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

GRIID Infrastructure 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

GRIID Infrastructure (NAS:GRDI) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.13	/	3.625	*	365 / 4
	=	3.27

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

GRIID Infrastructure's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.625	/	0.13
	=	27.88

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.

GRIID Infrastructure's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.13	/	4.858
	=	0.03

GRIID Infrastructure Change In Inventory Related Terms

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GRIID Infrastructure (GRIID Infrastructure) Business Description

Industry

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Traded in Other Exchanges

GRDI:Canada

Address

2577 Duck Creek Road, Cincinnati, OH, USA, 45212

Website

Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (GRIID Infrastructure) Headlines

From GuruFocus

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

By Business Wire • 03-05-2024