AMMJ (American Cannabis Co) Change In Inventory: $0.24 Mil (TTM As of Jun. 2024)


AMMJ American Cannabis Co Inc AMMJ
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What is American Cannabis Co Change In Inventory?

American Cannabis Co AMMJ -14.29% 12 Change In Inventory is $0.24 Mil as of Jun. 2024. GuruFocus rates AMMJ with a GF Score™ of 12/100.

American Cannabis Co's change in inventory for the quarter that ended in Jun. 2024 was $0.40 Mil. It means American Cannabis Co's inventory declined by $0.40 Mil from Mar. 2024 to Jun. 2024 .

American Cannabis Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.23 Mil. It means American Cannabis Co's inventory increased by $0.23 Mil from Dec. 2022 to Dec. 2023 .

American Cannabis Co's Total Inventories for the quarter that ended in Jun. 2024 was $0.27 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Cannabis Co's Days Inventory for the quarter that ended in Jun. 2024 was 58.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Cannabis Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.57.

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. American Cannabis Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.08.

American Cannabis Co  (OTCPK:AMMJ) Change In Inventory Explanation

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

American Cannabis Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.468/0.735*365 / 4
=58.10

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

American Cannabis Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.735 / 0.468
=1.57

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.

American Cannabis Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.468 / 0.432
=1.08

* 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.

American Cannabis Co Change In Inventory Related Terms

American Cannabis Co Change In Inventory Historical Data

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The historical data trend for American Cannabis Co'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.

American Cannabis Co Change In Inventory Chart

American Cannabis Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.01 -0.14 -0.07 -0.23

American Cannabis Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.14 -0.01 -0.07 -0.08 0.40
AMMJ
12GF Score
American Cannabis Co Inc AMMJ
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American Cannabis Co 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.24 Mil mean?
American Cannabis Co (AMMJ) has a Change In Inventory of $0.24 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for American Cannabis Co and its competitors.
Is American Cannabis Co's Change In Inventory too high?
American Cannabis Co's current Change In Inventory is $0.24 Mil. Overall, American Cannabis Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does American Cannabis Co's Change In Inventory compare to CBDW and PM?
American Cannabis Co's Change In Inventory of $0.24 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Change In Inventory depends on the Tobacco Products 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 American Cannabis Co and its competitors. American Cannabis Co's current Change In Inventory is $0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Cannabis Co stock overvalued right now?
American Cannabis Co (AMMJ) has a current Change In Inventory of $0.24 Mil. The current Change In Inventory is $0.24 Mil. American Cannabis Co's overall GF Score™ is 12/100. 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 American Cannabis Co (AMMJ), the current Change In Inventory is $0.24 Mil as of Jun. 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.

American Cannabis Co Business Description

Address 1004 Tejon Street, Colorado Springs, CO, USA, 80903
American Cannabis Co Inc is engaged in the cannabis industry that features end-to-end solutions for businesses operating in the regulated cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It is a licensed operator of two medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
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