NoHo (DRNK) Change In Inventory : $0.01 Mil (TTM As of Jun. 2017)

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What is NoHo Change In Inventory?

NoHo's change in inventory for the quarter that ended in Jun. 2017 was $0.01 Mil. It means NoHo's inventory declined by $0.01 Mil from Mar. 2017 to Jun. 2017 .

NoHo's change in inventory for the fiscal year that ended in Dec. 2016 was $0.00 Mil. It means NoHo's inventory stayed the same from Dec. 2015 to Dec. 2016 .

NoHo's Total Inventories for the quarter that ended in Jun. 2017 was $0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NoHo's Days Inventory for the quarter that ended in Jun. 2017 was 1,586.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. NoHo's Inventory Turnover for the quarter that ended in Jun. 2017 was 0.06.

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. NoHo's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 7.83.

NoHo Change In Inventory Historical Data

The historical data trend for NoHo'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.

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NoHo Change In Inventory Chart

NoHo Annual Data

Trend

Oct11

Oct12

Dec13

Dec14

Dec15

Dec16

Change In Inventory

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0.04

-0.02

-0.09

NoHo Quarterly Data
	Jan12	Apr12	Jul12	Oct12	Jan13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Dec16	Mar17	Jun17
Change In Inventory	Get a 7-Day Free Trial														-	-	-	-	0.01

NoHo 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

NoHo (OTCPK:DRNK) Change In Inventory Explanation

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

NoHo's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.1565	/	0.009	*	365 / 4
	=	1,586.74

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

NoHo's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.009	/	0.1565
	=	0.06

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.

NoHo's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1565	/	0.02
	=	7.83

NoHo Change In Inventory Related Terms

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NoHo (DRNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NoHo Inc (OTCPK:DRNK) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

4701 Orange Dr, Building 19 Unit 28, Davie, Miami, FL, USA, 85258

Website

https://www.smogarmor.com

NoHo Inc develops, markets, sells and distributes a lifestyle beverage category product NOHO, a beverage for hangover defense. The company purchases raw materials and outsources manufacturing to a third party.