ERBB (American Green) Change In Inventory: $-0.03 Mil (TTM As of Jun. 2023)

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What is American Green Change In Inventory?

American Green ERBB +20.00% Change In Inventory is $-0.03 Mil as of Jun. 2023.

American Green's change in inventory for the quarter that ended in Jun. 2023 was $-0.03 Mil. It means American Green's inventory increased by $0.03 Mil from Jun. 2022 to Jun. 2023 .

American Green's change in inventory for the fiscal year that ended in Jun. 2023 was $-0.03 Mil. It means American Green's inventory increased by $0.03 Mil from Jun. 2022 to Jun. 2023 .

American Green's Total Inventories for the quarter that ended in Jun. 2023 was $0.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Green's Days Inventory for the quarter that ended in Jun. 2023 was 2.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Green's Inventory Turnover for the quarter that ended in Jun. 2023 was 61.81.

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 Green's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.


American Green  (OTCPK:ERBB) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.016/0.989*365 / 2
=2.95

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

American Green's Inventory Turnover for the quarter that ended in Jun. 2023 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.

American Green's Inventory to Revenue for the quarter that ended in Jun. 2023 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.


American Green Change In Inventory Related Terms


American Green Change In Inventory Historical Data

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The historical data trend for American Green'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 Green Change In Inventory Chart

American Green Annual Data
Trend Jun22 Jun23
Change In Inventory
0.01 -0.03

American Green Semi-Annual Data
Jun22 Jun23
Change In Inventory 0.01 -0.03

American Green Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.03 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 $-0.03 Mil mean?
American Green (ERBB) has a Change In Inventory of $-0.03 Mil as of Jun. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for American Green and its competitors.
Is American Green's Change In Inventory too high?
American Green's current Change In Inventory is $-0.03 Mil.
How does American Green's Change In Inventory compare to UPC and MJNA?
American Green's Change In Inventory of $-0.03 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 American Green and its competitors. American Green's current Change In Inventory is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Green stock overvalued right now?
American Green (ERBB) has a current Change In Inventory of $-0.03 Mil. The current Change In Inventory is $-0.03 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 American Green (ERBB), the current Change In Inventory is $-0.03 Mil as of Jun. 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.

American Green Business Description

Address 30 N Gould Street, Suite R, Sheridan, WY, USA, 82801
American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and has online sales operation for CBD products and apparel.