MVRK (Maverick Lifestyle) Change In Inventory: $0.03 Mil (TTM As of Sep. 2024)

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 Maverick Lifestyle Change In Inventory?

Maverick Lifestyle MVRK Change In Inventory is $0.03 Mil as of Sep. 2024.

Maverick Lifestyle's change in inventory for the quarter that ended in Sep. 2024 was $-0.00 Mil. It means Maverick Lifestyle's inventory increased by $0.00 Mil from Jun. 2024 to Sep. 2024 .

Maverick Lifestyle's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.10 Mil. It means Maverick Lifestyle's inventory increased by $0.10 Mil from Dec. 2022 to Dec. 2023 .

Maverick Lifestyle's Total Inventories for the quarter that ended in Sep. 2024 was $0.75 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maverick Lifestyle's Days Inventory for the quarter that ended in Sep. 2024 was 200.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maverick Lifestyle's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.46.

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. Maverick Lifestyle's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.89.


Maverick Lifestyle  (NAS:MVRK) Change In Inventory Explanation

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

Maverick Lifestyle's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.751/0.342*365 / 4
=200.38

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

Maverick Lifestyle's Inventory Turnover for the quarter that ended in Sep. 2024 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.

Maverick Lifestyle's Inventory to Revenue for the quarter that ended in Sep. 2024 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.


Maverick Lifestyle Change In Inventory Related Terms


Maverick Lifestyle Change In Inventory Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Change In Inventory Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
0.00 -1.17 0.82 -0.10

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.05 0.00 0.03 0.00 -0.00

Maverick Lifestyle 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 $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?
Maverick Lifestyle (MVRK) has a Change In Inventory of $0.03 Mil as of Sep. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Change In Inventory too high?
Maverick Lifestyle's current Change In Inventory is $0.03 Mil.
How does Maverick Lifestyle's Change In Inventory compare to ?
Maverick Lifestyle's Change In Inventory of $0.03 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 Maverick Lifestyle and its competitors. Maverick Lifestyle'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 Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) 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 Maverick Lifestyle (MVRK), the current Change In Inventory is $0.03 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.