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Above Food Ingredients's change in inventory for the quarter that ended in Jul. 2024 was $16.2 Mil. It means Above Food Ingredients's inventory
declined by $16.2 Mil
from Jan. 2024 to Jul. 2024 .
Above Food Ingredients's change in inventory for the fiscal year that ended in Jan. 2024 was $16.3 Mil. It means Above Food Ingredients's inventory
declined by $16.3 Mil
from Jan. 2023 to Jan. 2024 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Above Food Ingredients's Days Inventory for the quarter that ended in Jul. 2024 was 34.20.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Above Food Ingredients's Inventory Turnover for the quarter that ended in Jul. 2024 was 5.34.
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.
Above Food Ingredients's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.20.
Above Food Ingredients (OTCPK:ABVEF) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Above Food Ingredients'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.
Above Food Ingredients's Inventory to Revenue for the quarter that ended in Jul. 2024 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.
Above Food Ingredients Change In Inventory Related Terms
Above Food Ingredients Change In Inventory Historical Data
* Premium members only.
The historical data trend for Above Food Ingredients'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.
Above Food Ingredients 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 Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $18.8 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.
What does a Change In Inventory of $18.8 Mil mean?
Above Food Ingredients (ABVEF) has a Change In Inventory of $18.8 Mil as of Jul. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Above Food Ingredients and its competitors.
Is Above Food Ingredients' Change In Inventory too high?
Above Food Ingredients' current Change In Inventory is $18.8 Mil. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Change In Inventory compare to CTGL and NATR?
Above Food Ingredients' Change In Inventory of $18.8 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Above Food Ingredients and its competitors. Above Food Ingredients's current Change In Inventory is $18.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Change In Inventory of $18.8 Mil. The current Change In Inventory is $18.8 Mil. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Change In Inventory is $18.8 Mil as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score
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