TOBAF (TAAT Global Alternatives) Change In Inventory: $0.41 Mil (TTM As of Jul. 2024)


TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives Change In Inventory?

TAAT Global Alternatives TOBAF 10 Change In Inventory is $0.41 Mil as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

TAAT Global Alternatives's change in inventory for the quarter that ended in Jul. 2024 was $0.24 Mil. It means TAAT Global Alternatives's inventory declined by $0.24 Mil from Apr. 2024 to Jul. 2024 .

TAAT Global Alternatives's change in inventory for the fiscal year that ended in Oct. 2023 was $0.53 Mil. It means TAAT Global Alternatives's inventory declined by $0.53 Mil from Oct. 2022 to Oct. 2023 .

TAAT Global Alternatives's Total Inventories for the quarter that ended in Jul. 2024 was $2.99 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TAAT Global Alternatives's Days Inventory for the quarter that ended in Jul. 2024 was 17.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. TAAT Global Alternatives's Inventory Turnover for the quarter that ended in Jul. 2024 was 5.36.

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. TAAT Global Alternatives's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.18.

TAAT Global Alternatives  (OTCPK:TOBAF) Change In Inventory Explanation

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

TAAT Global Alternatives's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.1175/16.712*365 / 4
=17.02

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

TAAT Global Alternatives's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=16.712 / 3.1175
=5.36

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.

TAAT Global Alternatives's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.1175 / 17.605
=0.18

* 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.

TAAT Global Alternatives Change In Inventory Related Terms

TAAT Global Alternatives Change In Inventory Historical Data

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The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Change In Inventory Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.15 -0.49 -1.53 0.53

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.21 0.33 -0.03 -0.14 0.24
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TAAT Global Alternatives 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.41 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 $0.41 Mil mean?
TAAT Global Alternatives (TOBAF) has a Change In Inventory of $0.41 Mil as of Jul. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Change In Inventory too high?
TAAT Global Alternatives' current Change In Inventory is $0.41 Mil. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Change In Inventory compare to VPRB and XXII?
TAAT Global Alternatives' Change In Inventory of $0.41 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Change In Inventory depends on the Tobacco Products 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 TAAT Global Alternatives and its competitors. TAAT Global Alternatives's current Change In Inventory is $0.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Change In Inventory of $0.41 Mil. The current Change In Inventory is $0.41 Mil. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current Change In Inventory is $0.41 Mil as of Jul. 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.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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