Verde AgriTech (TSX:NPK) Change In Inventory : C$0.02 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Verde AgriTech Change In Inventory?

Verde AgriTech's change in inventory for the quarter that ended in Dec. 2023 was C$0.32 Mil. It means Verde AgriTech's inventory declined by C$0.32 Mil from Sep. 2023 to Dec. 2023 .

Verde AgriTech's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.02 Mil. It means Verde AgriTech's inventory declined by C$0.02 Mil from Dec. 2022 to Dec. 2023 .

Verde AgriTech's Total Inventories for the quarter that ended in Dec. 2023 was C$2.45 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Verde AgriTech's Days Inventory for the quarter that ended in Dec. 2023 was 43.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Verde AgriTech'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. Verde AgriTech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Verde AgriTech Change In Inventory Historical Data

The historical data trend for Verde AgriTech'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.

* Premium members only.

Verde AgriTech Change In Inventory Chart

Verde AgriTech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

0.02

-0.28

-0.53

-1.37

0.02

Verde AgriTech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.51	-0.18	-1.17	1.06	0.32

Verde AgriTech 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 C$0.02 Mil.

Verde AgriTech (TSX:NPK) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.608	/	5.486	*	365 / 4
	=	43.38

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

Verde AgriTech's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.486	/	2.608
	=	2.10

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.

Verde AgriTech's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.608	/	7.058
	=	0.37

Verde AgriTech Change In Inventory Related Terms

Thank you for viewing the detailed overview of Verde AgriTech's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Verde AgriTech (TSX:NPK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Verde AgriTech Ltd (TSX:NPK) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

VNPKF:USA T48:Germany

Address

105 Cecil Street, No. 15-02, The Octagon, Singapore, SGP, 069534

Website

https://investor.verde.ag

Verde AgriTech Ltd promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project, from which the company produces solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. The multi-nutrient potassium fertilizer marketed in Brazil under the brand K Forte and internationally as Super Greensand is one of Verde's sustainable products from which the nature-driven technology company helps to improve the soil microbiome.