GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Innovative Food Holdings Inc (OTCPK:IVFH) » Definitions » Change In Inventory

IVFH (Innovative Food Holdings) Change In Inventory : $-1.94 Mil (TTM As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Innovative Food Holdings Change In Inventory?

Innovative Food Holdings's change in inventory for the quarter that ended in Dec. 2024 was $-1.64 Mil. It means Innovative Food Holdings's inventory increased by $1.64 Mil from Sep. 2024 to Dec. 2024 .

Innovative Food Holdings's change in inventory for the fiscal year that ended in Dec. 2024 was $-1.94 Mil. It means Innovative Food Holdings's inventory increased by $1.94 Mil from Dec. 2023 to Dec. 2024 .

Innovative Food Holdings's Total Inventories for the quarter that ended in Dec. 2024 was $6.29 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innovative Food Holdings's Days Inventory for the quarter that ended in Dec. 2024 was 23.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innovative Food Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.81.

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. Innovative Food Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.21.

Innovative Food Holdings Change In Inventory Historical Data

The historical data trend for Innovative Food Holdings'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.

* Premium members only.

Innovative Food Holdings Change In Inventory Chart

Innovative Food Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.44 0.61 0.08 -0.14 -1.94

Innovative Food Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.15 0.07 0.13 -0.50 -1.64

Innovative Food Holdings 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.94 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.

Innovative Food Holdings  (OTCPK:IVFH) Change In Inventory Explanation

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

Innovative Food Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=4.712/17.968*365 / 4
=23.93

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

Innovative Food Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=17.968 / 4.712
=3.81

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.

Innovative Food Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4.712 / 22.736
=0.21

* 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.

Innovative Food Holdings Change In Inventory Related Terms

Thank you for viewing the detailed overview of Innovative Food Holdings's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Innovative Food Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Innovative Food Holdings Inc (OTCPK:IVFH) » Definitions » Change In Inventory
Comparable Companies
HCIL DIT MTEX TWG AIXN MCLE HFFG WILC SYY XLIS:JMT USFD PFGC LSE:BNZL JSE:BID BKK:CPAXT SGX:VC2 ASX:MTS XTER:B4B CHEF XKRX:026960
Traded in Other Exchanges
N/A
Address
9696 Bonita Beach Road, Suite 208, Bonita Springs, FL, USA, 34135
Website
https://www.ivfh.com
Innovative Food Holdings Inc through its subsidiaries, is engaged in distributing perishable and specialty food products. Its customers include restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses. The company distributes perishable and specialty food and food-related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, freshly prepared meals, caviar, wild and cultivated mushrooms, microgreens, organic farmed and manufactured food products, and others. The company also ships specialty foods to professional chefs nationwide through the websites of broad-line distributors, such as USA Foods, Inc. The company operates in one reportable segment: the delivery of specialty foods.
Executives
Samuel Klepfish director, officer: CEO 231 NORMAN AVENUE, BROOKLYN NY 11222
James C Pappas 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Denver Johnson Smith director 350 S RACE STREET, DENVER CO 80209
Jefferson Gramm director C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Brady Smallwood director, officer: Chief Operating Officer 4505 NE BIRCHGROVE PL, BENTONVILLE AR 72712
Robert William Bennett director, officer: Chief Executive Officer 28411 RACETRACK RD, BONITA SPRINGS FL 34135
Hank Cohn director 14 CHARLOTTE DRIVE, WESLEY HILLS NY 10977
Richard Tang officer: Chief Financial Officer C/O INNOVATIVE FOOD HOLDINGS, INC., 28411 RACETRACK RD, BONITA SPRINGS FL 34135
David Polinsky director 90 BOOTH AVENUE, ENGLEWOOD NJ 07631
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Mark Schmulen 10 percent owner, other: See Explanation of Responses 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Loukas D. Kozonis 10 percent owner, other: See Explanation of Responses 4849 N. MILWAUKEE AVENUE, SUITE 300, CHICAGO IL 60630
Jcp Investment Holdings, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027