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Iconic Brands's change in inventory for the quarter that ended in Mar. 2023 was $0.08 Mil. It means Iconic Brands's inventory
declined by $0.08 Mil
from Dec. 2022 to Mar. 2023 .
Iconic Brands's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.37 Mil. It means Iconic Brands's inventory
increased by $0.37 Mil
from Dec. 2021 to Dec. 2022 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Iconic Brands's Days Inventory for the quarter that ended in Mar. 2023 was 121.37.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Iconic Brands's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.75.
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.
Iconic Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.74.
Iconic Brands (OTCPK:ICNB) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Iconic Brands's Days Inventory for the quarter that ended in 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.
Iconic Brands's Inventory to Revenue for the quarter that ended in Mar. 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.
Iconic Brands Change In Inventory Related Terms
Iconic Brands Change In Inventory Historical Data
* Premium members only.
The historical data trend for Iconic Brands'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.
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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.67 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.
What does a Change In Inventory of $1.67 Mil mean?
Iconic Brands (ICNB) has a Change In Inventory of $1.67 Mil as of Mar. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Iconic Brands and its competitors.
Is Iconic Brands' Change In Inventory too high?
Iconic Brands' current Change In Inventory is $1.67 Mil. Overall, Iconic Brands has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Iconic Brands' Change In Inventory compare to STZ and BF.B?
Iconic Brands' Change In Inventory of $1.67 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Inventory depends on the Beverages - Alcoholic 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 Iconic Brands and its competitors. Iconic Brands's current Change In Inventory is $1.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iconic Brands stock overvalued right now?
Iconic Brands (ICNB) has a current Change In Inventory of $1.67 Mil. The current Change In Inventory is $1.67 Mil. Iconic Brands' overall GF Score™ is 12/100. 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 Iconic Brands (ICNB), the current Change In Inventory is $1.67 Mil as of Mar. 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.
Iconic Brands Inc is engaged in the development and sale of alcohol and non-alcohol brands that are Better-for-You (BFY) and Better-for-the-Planet. The company's brands include Bellissima by Christie Brinkley, a premium BFY collection of Prosecco, Sparkling Wines, and Still Wines, all certified vegan and made with organic grapes. The Company has two reportable segments: the sale of branded alcoholic beverages segment includes the development and sale of alcohol and non-alcohol brands that are BFY and better-for-the-planet and the specialty packaging segment includes the packaging of low-calorie, ready-to-go products, RTF products, and RTD products in sustainable, flexible and stand-up pouch packaging.
12GF Score
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