GNAL (Generation Alpha) Change In Inventory: $0.23 Mil (TTM As of Jun. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Generation Alpha Change In Inventory?

Generation Alpha GNAL Change In Inventory is $0.23 Mil as of Jun. 2021.

Generation Alpha's change in inventory for the quarter that ended in Jun. 2021 was $0.04 Mil. It means Generation Alpha's inventory declined by $0.04 Mil from Mar. 2021 to Jun. 2021 .

Generation Alpha's change in inventory for the fiscal year that ended in Dec. 2020 was $0.35 Mil. It means Generation Alpha's inventory declined by $0.35 Mil from Dec. 2019 to Dec. 2020 .

Generation Alpha's Total Inventories for the quarter that ended in Jun. 2021 was $0.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Generation Alpha's Days Inventory for the quarter that ended in Jun. 2021 was 59.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Generation Alpha's Inventory Turnover for the quarter that ended in Jun. 2021 was 1.53.

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. Generation Alpha's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.20.

Generation Alpha  (OTCPK:GNAL) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.092/0.141*365 / 4
=59.54

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

Generation Alpha's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.141 / 0.092
=1.53

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.

Generation Alpha's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.092 / 0.463
=0.20

* 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.

Generation Alpha Change In Inventory Related Terms

Generation Alpha Change In Inventory Historical Data

* Premium members only.

The historical data trend for Generation Alpha'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.

Generation Alpha Change In Inventory Chart

Generation Alpha Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.19 0.32 0.18 0.35

Generation Alpha Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.10 0.11 0.06 0.02 0.04

Generation Alpha 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.23 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 $0.23 Mil mean?
Generation Alpha (GNAL) has a Change In Inventory of $0.23 Mil as of Jun. 2021. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Generation Alpha and its competitors.
Is Generation Alpha's Change In Inventory too high?
Generation Alpha's current Change In Inventory is $0.23 Mil.
How does Generation Alpha's Change In Inventory compare to WVFC and GNRV?
Generation Alpha's Change In Inventory of $0.23 Mil can be compared against companies in the Industrial 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 an Industrial Products company?
A good Change In Inventory depends on the Industrial 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 Generation Alpha and its competitors. Generation Alpha's current Change In Inventory is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Alpha stock overvalued right now?
Generation Alpha (GNAL) has a current Change In Inventory of $0.23 Mil. The current Change In Inventory is $0.23 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 Generation Alpha (GNAL), the current Change In Inventory is $0.23 Mil as of Jun. 2021. 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.

Generation Alpha Business Description

Address 1689-A Arrow Route, Upland, CA, USA, 91786
Generation Alpha Inc researches, designs, develops, and manufactures energy-efficient indoor horticulture lighting and ancillary equipment. The company's product portfolio includes digital ballasts, digital lamps, reflectors, lighting accessories, and others. Its products are used for, the hydroponic and indoor growing of other horticultural products, such as hothouse vegetables, decorative plant nurseries, indoor aquariums, and industrial painting facilities and sold to retail stores, distributors and commercial growers.