Forbidden Spirits Distilling (TSXV:VDKA.H) Change In Inventory : C$-0.21 Mil (TTM As of Sep. 2022)

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What is Forbidden Spirits Distilling Change In Inventory?

Forbidden Spirits Distilling's change in inventory for the quarter that ended in Sep. 2022 was C$0.04 Mil. It means Forbidden Spirits Distilling's inventory declined by C$0.04 Mil from Jun. 2022 to Sep. 2022 .

Forbidden Spirits Distilling's change in inventory for the fiscal year that ended in Dec. 2021 was C$0.01 Mil. It means Forbidden Spirits Distilling's inventory declined by C$0.01 Mil from Dec. 2020 to Dec. 2021 .

Forbidden Spirits Distilling's Total Inventories for the quarter that ended in Sep. 2022 was C$0.69 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forbidden Spirits Distilling's Days Inventory for the quarter that ended in Sep. 2022 was 655.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forbidden Spirits Distilling's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.14.

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. Forbidden Spirits Distilling's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 2.17.

Forbidden Spirits Distilling Change In Inventory Historical Data

The historical data trend for Forbidden Spirits Distilling'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.
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Forbidden Spirits Distilling Change In Inventory Chart

Forbidden Spirits Distilling Annual Data

Trend

Dec19

Dec20

Dec21

Change In Inventory

-0.33

0.01

Forbidden Spirits Distilling Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Inventory	Get a 7-Day Free Trial					0.03	-0.08	-0.18	0.01	0.04

Forbidden Spirits Distilling 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.21 Mil.

Forbidden Spirits Distilling (TSXV:VDKA.H) Change In Inventory Explanation

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

Forbidden Spirits Distilling's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.7035	/	0.098	*	365 / 4
	=	655.04

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

Forbidden Spirits Distilling's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.098	/	0.7035
	=	0.14

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.

Forbidden Spirits Distilling's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.7035	/	0.324
	=	2.17

Forbidden Spirits Distilling Change In Inventory Related Terms

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Forbidden Spirits Distilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Forbidden Spirits Distilling Corp (TSXV:VDKA.H) » Definitions » Change In Inventory

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Address

4400 Wallace Hill Road, Kelowna, BC, CAN, V1W 1C3

Website

https://www.forbiddenspirits.ca

Forbidden Spirits Distilling Corp is engaged in manufacturing, marketing, and selling spirits directly to consumers from its online store, as well as direct to off-premises retail liquor stores and direct to on-premises restaurants, hotels, pubs, bars, golf courses, and yacht clubs. Its brands include REBEL Vodka, Eve's Original Gin, Adam's Apple Brandy, Forbidden Fire, Forbidden Spirits Vodka, and Wallace Hill Whisky. The company's reportable operating segments include the distilling and sale of spirits, the sale of hand sanitizer and merchandise.

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