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Green Rise Foods (TSXV:GRF) Change In Inventory : C$-0.66 Mil (TTM As of Dec. 2023)


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What is Green Rise Foods Change In Inventory?

Green Rise Foods's change in inventory for the quarter that ended in Dec. 2023 was C$-0.62 Mil. It means Green Rise Foods's inventory increased by C$0.62 Mil from Sep. 2023 to Dec. 2023 .

Green Rise Foods's change in inventory for the fiscal year that ended in Dec. 2023 was C$-0.66 Mil. It means Green Rise Foods's inventory increased by C$0.66 Mil from Dec. 2022 to Dec. 2023 .

Green Rise Foods's Total Inventories for the quarter that ended in Dec. 2023 was C$0.99 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Green Rise Foods's Days Inventory for the quarter that ended in Dec. 2023 was 22.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Green Rise Foods's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.11.

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. Green Rise Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.

Green Rise Foods Change In Inventory Historical Data

The historical data trend for Green Rise Foods'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.

Green Rise Foods Change In Inventory Chart

Green Rise Foods Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial -0.15 0.01 -0.27 1.07 -0.66

Green Rise Foods 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.20 -0.30 0.18 0.08 -0.62

Green Rise Foods 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$-0.66 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.

Green Rise Foods  (TSXV:GRF) Change In Inventory Explanation

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

Green Rise Foods's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.881/7.74*365 / 4
=22.18

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

Green Rise Foods's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7.74 / 1.881
=4.11

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.

Green Rise Foods's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.881 / 4.324
=0.44

* 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.

Green Rise Foods Change In Inventory Related Terms

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Green Rise Foods (TSXV:GRF) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Green Rise Foods Inc (TSXV:GRF) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
47 Colborne Street, Suite 301, Toronto, ON, CAN, M5E1P8
Website
https://www.greenrisefoods.ca
Green Rise Foods Inc is a grower of fresh produce. The company takes pride in providing high-quality, consistent and reliable products to meet the growing consumer demand for locally grown fresh produce. It seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns. The seasonal operation consists of the growing, packaging, and sale of produce to majority of its customers.