Safety Shot (Safety Shot) Change In Inventory : $-0.24 Mil (TTM As of Mar. 2024)

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What is Safety Shot Change In Inventory?

Safety Shot's change in inventory for the quarter that ended in Mar. 2024 was $0.39 Mil. It means Safety Shot's inventory declined by $0.39 Mil from Dec. 2023 to Mar. 2024 .

Safety Shot's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.61 Mil. It means Safety Shot's inventory increased by $0.61 Mil from Dec. 2022 to Dec. 2023 .

Safety Shot's Total Inventories for the quarter that ended in Mar. 2024 was $0.40 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safety Shot's Days Inventory for the quarter that ended in Mar. 2024 was 22.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safety Shot's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.97.

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. Safety Shot's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.51.

Safety Shot Change In Inventory Historical Data

The historical data trend for Safety Shot'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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Safety Shot Change In Inventory Chart

Safety Shot Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.14

0.05

-0.08

0.10

-0.61

Safety Shot Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.02	0.09	-0.02	-0.70	0.39

Safety Shot 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.24 Mil.

Safety Shot (NAS:SHOT) Change In Inventory Explanation

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

Safety Shot's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.6	/	2.384	*	365 / 4
	=	22.97

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

Safety Shot's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.384	/	0.6
	=	3.97

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.

Safety Shot's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.6	/	0.171
	=	3.51

Safety Shot Change In Inventory Related Terms

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Safety Shot (Safety Shot) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Safety Shot Inc (NAS:SHOT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1061 East Indiantown Road, Suite 110, Jupiter, FL, USA, 33477

Website

https://www.jupiterwellnessinc.com

Safety Shot Inc is a wellness and functional beverage company. It is set to launch Safety Shot, the patented beverage that helps people feel better faster by reducing blood alcohol content and boosting clarity.

Executives

John Gulyas	director	2505 PROVENCE CIRCLE, WESTON FL 33327
Jarrett Adam Boon	officer: COO	2434 E DESERT WILLOW DR, PHOENIX AZ 85048
Skender Fani	director
Kaufman Nancy Torres	director	725 N. HWY A1A, SUITE C-106, JUPITER FL 33477
Brian John	director, 10 percent owner, officer: Chief Executive Officer	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Douglas O Mckinnon	officer: Chief Financial Officer	2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Glynn Wilson	director, officer: Chairman - Board of Directors	2483 NE JULEP STREET, ISSAQUAH WA 98029
Ryan T Allison	officer: VP of Business Development	725 N. HWY A1A, SUITE C-106, JUPITER FL 33477
Richard A Miller	director, 10 percent owner, officer: Chief Operating Officer	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Christopher Melton	director	C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Byron Young	director	112 EAST SEMINARY DRVE, UNIT B, FORT WORTH TX 76115
Hector W Alila	director	C/O PROTALEX INC, 145 UNION SQUARE DRIVE, NEW HOPE PA 18938
Timothy Glynn	director	725 N HWY, SUITE C-106, JUPITER FL 33477