BBBT (Black Bird Biotech) Change In Inventory: $0.02 Mil (TTM As of Sep. 2023)

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What is Black Bird Biotech Change In Inventory?

Black Bird Biotech BBBT -99.00% Change In Inventory is $0.02 Mil as of Sep. 2023.

Black Bird Biotech's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Black Bird Biotech's inventory declined by $0.00 Mil from Jun. 2023 to Sep. 2023 .

Black Bird Biotech's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.01 Mil. It means Black Bird Biotech's inventory increased by $0.01 Mil from Dec. 2021 to Dec. 2022 .

Black Bird Biotech's Total Inventories for the quarter that ended in Sep. 2023 was $0.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Black Bird Biotech's Days Inventory for the quarter that ended in Sep. 2023 was 2,311.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Black Bird Biotech's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.04.

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. Black Bird Biotech's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 19.00.

Black Bird Biotech  (OTCPK:BBBT) Change In Inventory Explanation

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

Black Bird Biotech's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.076/0.003*365 / 4
=2,311.67

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

Black Bird Biotech's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.003 / 0.076
=0.04

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.

Black Bird Biotech's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.076 / 0.004
=19.00

* 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.

Black Bird Biotech Change In Inventory Related Terms

Black Bird Biotech Change In Inventory Historical Data

* Premium members only.

The historical data trend for Black Bird Biotech'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.

Black Bird Biotech Change In Inventory Chart

Black Bird Biotech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.03 -0.04 -0.01

Black Bird Biotech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.01 0.01 0.00

Black Bird Biotech 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 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 $0.02 Mil mean?
Black Bird Biotech (BBBT) has a Change In Inventory of $0.02 Mil as of Sep. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Black Bird Biotech and its competitors.
Is Black Bird Biotech's Change In Inventory too high?
Black Bird Biotech's current Change In Inventory is $0.02 Mil.
How does Black Bird Biotech's Change In Inventory compare to BLMS and INLB?
Black Bird Biotech's Change In Inventory of $0.02 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Change In Inventory depends on the Drug Manufacturers 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 Black Bird Biotech and its competitors. Black Bird Biotech's current Change In Inventory is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Bird Biotech stock overvalued right now?
Black Bird Biotech (BBBT) has a current Change In Inventory of $0.02 Mil. The current Change In Inventory is $0.02 Mil. 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 Black Bird Biotech (BBBT), the current Change In Inventory is $0.02 Mil as of Sep. 2023. 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.

Black Bird Biotech Business Description

Address 2801 E Camelback Road, Suite 200, Phoenix, AZ, USA, 85016
Black Bird Biotech Inc is a licensed grower of industrial hemp under the Montana Hemp Pilot Program. In addition, it is the distributor in the U. S. and Canada for MiteXstream, an EPA-registered plant-based biopesticide effective in the eradication of spider mites, a pest that destroys crops, especially cannabis, hops, coffee, and house plants, as well as molds and mildew. Its products include MiteXstream Biopesticide, Grizzly Creek Naturals, and Black Bird American Hemp.