RGFC (The Real Good Food Co) Change In Inventory: $-23.0 Mil (TTM As of Sep. 2023)


RGFC The Real Good Food Co Inc RGFC
14 GF Score
Price $0.61
View Full Analysis

What is The Real Good Food Co Change In Inventory?

The Real Good Food Co RGFC 14 Change In Inventory is $-23.0 Mil as of Sep. 2023. GuruFocus rates RGFC with a GF Score™ of 14/100.

The Real Good Food Co's change in inventory for the quarter that ended in Sep. 2023 was $-6.9 Mil. It means The Real Good Food Co's inventory increased by $6.9 Mil from Jun. 2023 to Sep. 2023 .

The Real Good Food Co's change in inventory for the fiscal year that ended in Dec. 2022 was $-22.9 Mil. It means The Real Good Food Co's inventory increased by $22.9 Mil from Dec. 2021 to Dec. 2022 .

The Real Good Food Co's Total Inventories for the quarter that ended in Sep. 2023 was $58.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Real Good Food Co's Days Inventory for the quarter that ended in Sep. 2023 was 113.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Real Good Food Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.80.

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. The Real Good Food Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.98.

The Real Good Food Co  (OTCPK:RGFC) Change In Inventory Explanation

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

The Real Good Food Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=54.6695/43.977*365 / 4
=113.44

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

The Real Good Food Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=43.977 / 54.6695
=0.80

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.

The Real Good Food Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=54.6695 / 55.565
=0.98

* 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.

The Real Good Food Co Change In Inventory Related Terms

The Real Good Food Co Change In Inventory Historical Data

* Premium members only.

The historical data trend for The Real Good Food Co'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.

The Real Good Food Co Change In Inventory Chart

The Real Good Food Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Inventory
-3.07 0.60 -7.75 -22.86

The Real Good Food Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.40 -4.36 -5.88 -5.85 -6.93
RGFC
14GF Score
The Real Good Food Co Inc RGFC
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Real Good Food Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.0 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 $-23.0 Mil mean?
The Real Good Food Co (RGFC) has a Change In Inventory of $-23.0 Mil as of Sep. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for The Real Good Food Co and its competitors.
Is The Real Good Food Co's Change In Inventory too high?
The Real Good Food Co's current Change In Inventory is $-23.0 Mil. Overall, The Real Good Food Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does The Real Good Food Co's Change In Inventory compare to PLAG and NAII?
The Real Good Food Co's Change In Inventory of $-23.0 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods 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 The Real Good Food Co and its competitors. The Real Good Food Co's current Change In Inventory is $-23.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Real Good Food Co stock overvalued right now?
The Real Good Food Co (RGFC) has a current Change In Inventory of $-23.0 Mil. The current Change In Inventory is $-23.0 Mil. The Real Good Food Co's overall GF Score™ is 14/100. 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 The Real Good Food Co (RGFC), the current Change In Inventory is $-23.0 Mil as of Sep. 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.

The Real Good Food Co Business Description

Address 3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002
The Real Good Food Co Inc is a frozen food company that develops, markets, and manufactures foods high in protein, low in sugar, and gluten- and grain-free. The company produces breakfast sandwiches, entrees, and other products, primarily sold in the U.S. frozen food category. All of its revenue is derived from the United States.
14GF Score

Get the complete analysis for RGFC

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.61
Price