BMMJ (Body and Mind) Change In Inventory: $1.61 Mil (TTM As of Apr. 2024)

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BMMJ Body and Mind Inc BMMJ
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What is Body and Mind Change In Inventory?

Body and Mind BMMJ 14 Change In Inventory is $1.61 Mil as of Apr. 2024. GuruFocus rates BMMJ with a GF Score™ of 14/100.

Body and Mind's change in inventory for the quarter that ended in Apr. 2024 was $0.01 Mil. It means Body and Mind's inventory declined by $0.01 Mil from Jan. 2024 to Apr. 2024 .

Body and Mind's change in inventory for the fiscal year that ended in Jul. 2023 was $1.26 Mil. It means Body and Mind's inventory declined by $1.26 Mil from Jul. 2022 to Jul. 2023 .

Body and Mind's Total Inventories for the quarter that ended in Apr. 2024 was $0.63 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Body and Mind's Days Inventory for the quarter that ended in Apr. 2024 was 23.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Body and Mind's Inventory Turnover for the quarter that ended in Apr. 2024 was 3.82.

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. Body and Mind's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.14.


Body and Mind  (OTCPK:BMMJ) Change In Inventory Explanation

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

Body and Mind's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.6385/2.442*365 / 4
=23.86

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

Body and Mind's Inventory Turnover for the quarter that ended in Apr. 2024 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.

Body and Mind's Inventory to Revenue for the quarter that ended in Apr. 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.


Body and Mind Change In Inventory Related Terms


Body and Mind Change In Inventory Historical Data

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The historical data trend for Body and Mind'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.

Body and Mind Change In Inventory Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -0.59 -0.81 -0.20 1.26

Body and Mind Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -0.20 1.33 0.21 0.06 0.01
BMMJ
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Body and Mind Inc BMMJ
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Body and Mind 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.61 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 $1.61 Mil mean?
Body and Mind (BMMJ) has a Change In Inventory of $1.61 Mil as of Apr. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Body and Mind and its competitors.
Is Body and Mind's Change In Inventory too high?
Body and Mind's current Change In Inventory is $1.61 Mil. Overall, Body and Mind has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Body and Mind's Change In Inventory compare to AKAN and OWPC?
Body and Mind's Change In Inventory of $1.61 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 Body and Mind and its competitors. Body and Mind's current Change In Inventory is $1.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Body and Mind stock overvalued right now?
Body and Mind (BMMJ) has a current Change In Inventory of $1.61 Mil. The current Change In Inventory is $1.61 Mil. Body and Mind's overall GF Score™ is 14/100. 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 Body and Mind (BMMJ), the current Change In Inventory is $1.61 Mil as of Apr. 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.

Body and Mind Business Description

Address 750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
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