Greenfern Industries (NZSE:GFI) Change In Inventory : NZ$0.00 Mil (TTM As of Mar. 2023)

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What is Greenfern Industries Change In Inventory?

Greenfern Industries's change in inventory for the quarter that ended in Mar. 2023 was NZ$0.00 Mil. It means Greenfern Industries's inventory stayed the same from Mar. 2022 to Mar. 2023 .

Greenfern Industries's change in inventory for the fiscal year that ended in Mar. 2023 was NZ$0.00 Mil. It means Greenfern Industries's inventory stayed the same from Mar. 2022 to Mar. 2023 .

Greenfern Industries's Total Inventories for the quarter that ended in Mar. 2023 was NZ$0.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Greenfern Industries's Days Inventory for the quarter that ended in Mar. 2023 was 34.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Greenfern Industries's Inventory Turnover for the quarter that ended in Mar. 2023 was 5.33.

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. Greenfern Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.02.

Greenfern Industries Change In Inventory Historical Data

The historical data trend for Greenfern Industries'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.

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Greenfern Industries Change In Inventory Chart

Greenfern Industries Annual Data

Trend

Mar22

Mar23

Change In Inventory

Greenfern Industries Semi-Annual Data
	Mar22	Mar23
Change In Inventory	-	-

Greenfern Industries Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2023 was NZ$0.00 Mil.

Greenfern Industries (NZSE:GFI) Change In Inventory Explanation

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

Greenfern Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.012	/	0.064	*	365 / 2
	=	34.22

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

Greenfern Industries's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.064	/	0.012
	=	5.33

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.

Greenfern Industries's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.012	/	0.551
	=	0.02

Greenfern Industries Change In Inventory Related Terms

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Greenfern Industries (NZSE:GFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenfern Industries Ltd (NZSE:GFI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1040

Website

https://www.gfi.nz

Greenfern Industries Ltd is committed to the environmentally friendly production of medicinal cannabis and hemp-based products. It operates in two segments, Cannabis and therapeutics products the operations of this segment reflect the activities of manufacture and distribution of cannabis products, Electricity generation this segment includes the generation and distribution of electricity. The hemp seed and its by-products are used for a range of different products from a high protein ingredient in a plant-based meat substitute, a hemp-based skincare range, and hemp-based beverages amongst other things.