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Rocky Mountain High Brands (Rocky Mountain High Brands) Change In Inventory : $0.01 Mil (TTM As of Jun. 2020)


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What is Rocky Mountain High Brands Change In Inventory?

Rocky Mountain High Brands's change in inventory for the quarter that ended in Jun. 2020 was $-0.02 Mil. It means Rocky Mountain High Brands's inventory increased by $0.02 Mil from Mar. 2020 to Jun. 2020 .

Rocky Mountain High Brands's change in inventory for the fiscal year that ended in Dec. 2019 was $-0.22 Mil. It means Rocky Mountain High Brands's inventory increased by $0.22 Mil from Dec. 2018 to Dec. 2019 .

Rocky Mountain High Brands's Total Inventories for the quarter that ended in Jun. 2020 was $0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rocky Mountain High Brands's Days Inventory for the quarter that ended in Jun. 2020 was 22.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rocky Mountain High Brands's Inventory Turnover for the quarter that ended in Jun. 2020 was 3.99.

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. Rocky Mountain High Brands's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.28.


Rocky Mountain High Brands Change In Inventory Historical Data

The historical data trend for Rocky Mountain High Brands'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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Rocky Mountain High Brands Change In Inventory Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Change In Inventory
Get a 7-Day Free Trial - -0.26 - -0.09 -0.22

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.06 -0.01 0.02 0.02 -0.02

Rocky Mountain High Brands 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 Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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.


Rocky Mountain High Brands  (OTCPK:RMHB) Change In Inventory Explanation

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

Rocky Mountain High Brands's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.186/0.742*365 / 4
=22.87

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

Rocky Mountain High Brands's Inventory Turnover for the quarter that ended in Jun. 2020 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.

Rocky Mountain High Brands's Inventory to Revenue for the quarter that ended in Jun. 2020 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.


Rocky Mountain High Brands Change In Inventory Related Terms

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Rocky Mountain High Brands (Rocky Mountain High Brands) Business Description

Traded in Other Exchanges
N/A
Address
1000 Shiloh Road, Suite 200, Plano, TX, USA, 75074
Rocky Mountain High Brands Inc is a brand management company. RMHB specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. It also markets a naturally high alkaline spring water as part of the company's brand portfolio.
Executives
Winton Morrison director 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Jens R. Mielke officer: Chief Financial Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Michael R. Welch director, officer: President and CEO 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Charles Walter Smith director, officer: Chief Operating Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
David M. Seeberger director, officer: Vice President 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760
Gerard Vincent David director, officer: Chairman of the Board 3615 5TH AVENUE NE BRADENTON FL 34208
Jerome A. Grisaffi director, officer: Secretary and Chairman 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Lily Li 10 percent owner, officer: Executive Vice President 4858 ROUTE 32 CATSKILL NY 12414