GRAM (Gold Flora) Change In Inventory: $-5.9 Mil (TTM As of Sep. 2024)

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What is Gold Flora Change In Inventory?

Gold Flora GRAM -90.00% Change In Inventory is $-5.9 Mil as of Sep. 2024.

Gold Flora's change in inventory for the quarter that ended in Sep. 2024 was $-1.2 Mil. It means Gold Flora's inventory increased by $1.2 Mil from Jun. 2024 to Sep. 2024 .

Gold Flora's change in inventory for the fiscal year that ended in Dec. 2023 was $-5.8 Mil. It means Gold Flora's inventory increased by $5.8 Mil from Dec. 2022 to Dec. 2023 .

Gold Flora's Total Inventories for the quarter that ended in Sep. 2024 was $18.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gold Flora's Days Inventory for the quarter that ended in Sep. 2024 was 88.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gold Flora's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.03.

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. Gold Flora's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.57.

Gold Flora  (OTCPK:GRAM) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=18.5635/19.138*365 / 4
=88.51

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

Gold Flora's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=19.138 / 18.5635
=1.03

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.

Gold Flora's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=18.5635 / 32.621
=0.57

* 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.

Gold Flora Change In Inventory Related Terms

Gold Flora Change In Inventory Historical Data

* Premium members only.

The historical data trend for Gold Flora'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.

Gold Flora Change In Inventory Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Change In Inventory
2.54 -5.75

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Inventory Get a 7-Day Free Trial Premium Member Only 0.25 -4.73 -1.69 1.68 -1.16

Gold Flora 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.9 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 $-5.9 Mil mean?
Gold Flora (GRAM) has a Change In Inventory of $-5.9 Mil as of Sep. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Gold Flora and its competitors.
Is Gold Flora's Change In Inventory too high?
Gold Flora's current Change In Inventory is $-5.9 Mil.
How does Gold Flora's Change In Inventory compare to PM and MO?
Gold Flora's Change In Inventory of $-5.9 Mil can be compared against companies in the Tobacco 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 a Tobacco Products company?
A good Change In Inventory depends on the Tobacco 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 Gold Flora and its competitors. Gold Flora's current Change In Inventory is $-5.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Flora stock overvalued right now?
Gold Flora (GRAM) has a current Change In Inventory of $-5.9 Mil. The current Change In Inventory is $-5.9 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 Gold Flora (GRAM), the current Change In Inventory is $-5.9 Mil as of Sep. 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.

Gold Flora Business Description

Address 3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626
Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail, and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.