Grounded People Apparel (STU:K1G) Change In Inventory : €0.11 Mil (TTM As of Nov. 2024)

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What is Grounded People Apparel Change In Inventory?

Grounded People Apparel's change in inventory for the quarter that ended in Nov. 2024 was €0.01 Mil. It means Grounded People Apparel's inventory declined by €0.01 Mil from Aug. 2024 to Nov. 2024 .

Grounded People Apparel's change in inventory for the fiscal year that ended in Feb. 2024 was €-0.13 Mil. It means Grounded People Apparel's inventory increased by €0.13 Mil from Feb. 2023 to Feb. 2024 .

Grounded People Apparel's Total Inventories for the quarter that ended in Nov. 2024 was €0.14 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grounded People Apparel's Days Inventory for the quarter that ended in Nov. 2024 was 2,701.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grounded People Apparel's Inventory Turnover for the quarter that ended in Nov. 2024 was 0.03.

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. Grounded People Apparel's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 9.25.

Grounded People Apparel Change In Inventory Historical Data

The historical data trend for Grounded People Apparel'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.
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Grounded People Apparel Change In Inventory Chart

Grounded People Apparel Annual Data

Trend

Feb23

Feb24

Change In Inventory

-0.20

-0.13

Grounded People Apparel Quarterly Data
	Aug21	Nov21	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Change In Inventory	Get a 7-Day Free Trial							-	0.03	0.02	0.04	0.01

Grounded People Apparel 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.11 Mil.

Grounded People Apparel (STU:K1G) Change In Inventory Explanation

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

Grounded People Apparel's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.148	/	0.005	*	365 / 4
	=	2,701.00

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

Grounded People Apparel's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.005	/	0.148
	=	0.03

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.

Grounded People Apparel's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.148	/	0.016
	=	9.25

Grounded People Apparel Change In Inventory Related Terms

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Grounded People Apparel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grounded People Apparel Inc (STU:K1G) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SHOE:Canada

Address

800 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.groundedpeople.com

Grounded People Apparel Inc is primarily engaged in the business of fair trade, sustainable and earth-conscious fashion. The Company's initial focus is on the design and production of shoes, and more specifically, high-top and low-cut canvassed sneakers.

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