OILFF (Nextleaf Solutions) Change In Inventory : $-0.12 Mil (TTM As of Dec. 2024)

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What is Nextleaf Solutions Change In Inventory?

Nextleaf Solutions's change in inventory for the quarter that ended in Dec. 2024 was $0.10 Mil. It means Nextleaf Solutions's inventory declined by $0.10 Mil from Sep. 2024 to Dec. 2024 .

Nextleaf Solutions's change in inventory for the fiscal year that ended in Sep. 2024 was $-0.46 Mil. It means Nextleaf Solutions's inventory increased by $0.46 Mil from Sep. 2023 to Sep. 2024 .

Nextleaf Solutions's Total Inventories for the quarter that ended in Dec. 2024 was $2.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nextleaf Solutions's Days Inventory for the quarter that ended in Dec. 2024 was 169.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nextleaf Solutions's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.54.

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. Nextleaf Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.06.

Nextleaf Solutions Change In Inventory Historical Data

The historical data trend for Nextleaf Solutions'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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Nextleaf Solutions Change In Inventory Chart

Nextleaf Solutions Annual Data

Trend

Mar17

Mar18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Change In Inventory

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-0.03

-0.86

0.24

-0.50

-0.46

Nextleaf Solutions 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															-0.25	0.02	-0.14	-0.09	0.10

Nextleaf Solutions 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 $-0.12 Mil.

Nextleaf Solutions (OTCPK:OILFF) Change In Inventory Explanation

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

Nextleaf Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.1465	/	1.157	*	365 / 4
	=	169.29

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

Nextleaf Solutions's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.157	/	2.1465
	=	0.54

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.

Nextleaf Solutions's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.1465	/	2.026
	=	1.06

Nextleaf Solutions Change In Inventory Related Terms

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Nextleaf Solutions Business Description

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OILS:Canada

Address

68 Schooner Street, Suite 3, Coquitlam, BC, CAN, V3B 7B1

Website

https://www.nextleafsolutions.com

Nextleaf Solutions Ltd is is a Canadian cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. The Company has a single reportable segment being the provision of goods and services to the cannabis industry in Canada. All the Company's revenues are generated in Canada. Revenue from sale of goods and services includes sales of bulk distillate, branded (Glacial Gold) vape pens, oils, and softgels (branded extract products), and private label which includes toll processing and other services. Majority being from Branded extract products.