SNAX (Stryve Foods) Change In Inventory: $1.39 Mil (TTM As of Sep. 2024)

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SNAX Stryve Foods Inc SNAX
16 GF Score
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What is Stryve Foods Change In Inventory?

Stryve Foods SNAX 16 Change In Inventory is $1.39 Mil as of Sep. 2024. GuruFocus rates SNAX with a GF Score™ of 16/100.

Stryve Foods's change in inventory for the quarter that ended in Sep. 2024 was $-0.08 Mil. It means Stryve Foods's inventory increased by $0.08 Mil from Jun. 2024 to Sep. 2024 .

Stryve Foods's change in inventory for the fiscal year that ended in Dec. 2023 was $3.06 Mil. It means Stryve Foods's inventory declined by $3.06 Mil from Dec. 2022 to Dec. 2023 .

Stryve Foods's Total Inventories for the quarter that ended in Sep. 2024 was $4.88 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stryve Foods's Days Inventory for the quarter that ended in Sep. 2024 was 98.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stryve Foods's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.92.

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. Stryve Foods's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.85.


Stryve Foods  (OTCPK:SNAX) Change In Inventory Explanation

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

Stryve Foods's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=4.8405/4.466*365 / 4
=98.90

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

Stryve Foods's Inventory Turnover for the quarter that ended in Sep. 2024 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.

Stryve Foods's Inventory to Revenue for the quarter that ended in Sep. 2024 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.


Stryve Foods Change In Inventory Related Terms


Stryve Foods Change In Inventory Historical Data

* Premium members only.

The historical data trend for Stryve Foods'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.

Stryve Foods Change In Inventory Chart

Stryve Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
-1.25 -3.84 -1.04 3.06

Stryve Foods Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.08 1.07 0.18 0.22 -0.08
SNAX
16GF Score
Stryve Foods Inc SNAX
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Stryve Foods 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.39 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 $1.39 Mil mean?
Stryve Foods (SNAX) has a Change In Inventory of $1.39 Mil as of Sep. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Stryve Foods and its competitors.
Is Stryve Foods' Change In Inventory too high?
Stryve Foods' current Change In Inventory is $1.39 Mil. Overall, Stryve Foods has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Stryve Foods' Change In Inventory compare to BSFC and BDPT?
Stryve Foods' Change In Inventory of $1.39 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 Stryve Foods and its competitors. Stryve Foods's current Change In Inventory is $1.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stryve Foods stock overvalued right now?
Stryve Foods (SNAX) has a current Change In Inventory of $1.39 Mil. The current Change In Inventory is $1.39 Mil. Stryve Foods' overall GF Score™ is 16/100. 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 Stryve Foods (SNAX), the current Change In Inventory is $1.39 Mil as of Sep. 2024. 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.

Stryve Foods Business Description

Address Post Office Box 864, Frisco, TX, USA, 75034
Stryve Foods Inc is a healthy snacking company that manufactures, markets, and sells differentiated healthy snacking products. The company offers convenient snacks that are lower in sugar and carbohydrates and higher in protein than other snacks.
16GF Score

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